Business owners make all kinds of mistakes when they handle their own financial planning or let somebody unqualified do it for them. Advisors polled by ThinkAdvisor told us that the biggest financial planning mistakes their business-owning clients made ran the gamut from overpaying taxes to not having the right insurance and not thinking of themselves as employees of their firms. The advisors also discussed how they had fixed the financial planning mistakes made by their clients. Check out what advisors said in the gallery above.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Sponsored by Manulife John Hancock Investments
Staying Patient and Positioned for Opportunity in the Bond Market
Sponsored by Manulife John Hancock Investments
Private credit: when direct lending and asset-based lending unite