Strategic Wealth Partners was acquired by Kovitz Investment Group Partners, LLC ("Kovitz"), a registered investment adviser with the SEC on May 1, 2024. Strategic Wealth Partners is now a division of Kovitz and its registered investment adviser. Materials created prior to this date were created by Strategic Wealth Partners and are accurate as of the time of publishing.

Sign in
Sign in

XPX Chicago – Discussion: Impact of Tax Reform on Business Owners

  • February 23, 2018

Mike Karmin, Wealth Advisor of Strategic Wealth Partners (SWP), contributed to a panel discussion regarding the impact of tax reform on business owners. Professionals who attended the event asked Mike the following questions:

  • How does tax reform impact business owners who are considering selling?
  • Which business owners are impacted the most by the tax plan from an investment and financial planning standpoint?
  • What is the first thing that you did for your business owner clients after tax reform went through?
  • Why does recent tax reform make it even more critical for my team of professionals – such as a wealth manager, accountant, and attorney – to work together?

Mike is a Board and Programming Co-Chair of the leadership group Exit Planning Exchange (XPX) Chicago, a multiple-disciplinary, non-profit community of professional advisors who work collaboratively to help owners build valuable businesses and assist them in preparing and executing a successful transition.

Categories

Strategic Wealth Partners (‘SWP’) is an SEC registered investment advisor with its principal place of business in the State of Illinois. For additional information about SWP, including fees and services, send for our disclosure brochure as set forth on Form ADV from SWP using the contact information herein. Please read the disclosure brochure carefully before you invest or send money (http://www.stratwealth.com/legal).

Financial Planning
Re-thinking Multi-Generational Wealth Management
I have many clients, both family and friends, who have entrusted me with protecting and prioritizing their family’s wealth. Truthfully, I think of all my clients as family and encourage them to think the same of me. It’s important to have that level of trust and communication to take the same care of their families as I do of my own.
Read More
Financial Planning
Enhancing Employee Retention with Nonqualified Plans
One key to business stability and growth is retaining top talent in an organization. The shock of key employees leaving can reverberate through a company impairing morale while potentially missing key profit target achievement. One way that a company can incent key members to stay for the long haul is to reward them for successful goal achievement and their dedicated service over time with a non-qualified deferred compensation plan (NQDC).
Read More