A well-thought-through estate plan, for example, takes into consideration whether or not you should appoint a trustee, the most advantageous way to make lasting charitable contributions, and how including life insurance can minimize the tax impact of receiving an inheritance.
If you’re a business owner, transition planning is every bit as critical as growing your business was in the first place. You want to ensure that the sale or transition of your business is structured in a way that maximizes its worth, or that you have ample time to think about a rightful successor if that’s your preferred route. And we have professionals who specialize in this area, and can advise on every step you have to take — a highly-valued service Friedman Investment Partners clients can access as part of our relationship.
You also have some choices in how we work together — we can involve you in every buy-sell transaction or, if you prefer, you can give us discretion to manage your portfolio — once we have set your objectives and have agreed upon some limits. It’s up to you.
As for the cost of doing business with Friedman Investment Partners, our preference is to charge a portfolio management fee that’s based on the value of your invested assets, excluding cash. So we do well when you do well. We understand that fees matter.
