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Virginia Asset Management, LLC

Virginia Asset Management, LLC

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Accelerate your Independence. Have a Plan.

For over 30 years, helping entrepreneurs & families plan for and achieve their economic independence.  

Corporate Financial Planning

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Corporate Financial Planning

As a private business owner, corporate & personal financial planning are interconnected.  Your advisory team needs to have expertise on both sides.  Providing integrated financial planning advice to the owners of closely-held corporations is our goal.

A good starting point is addressing the basics:

  • Understanding what the value of your business is to a third party is valuable information whether you plan to sell or not. Understanding what the value of your business is to your family & your lifestyle is critical information. Seems straightforward – but the lack of understanding on this issue is where we see the most mistakes made.
  • The owner’s unique objectives will drive the capital allocation strategy. These objectives will range from serial entrepreneur looking to ‘build, scale, and sell’ to the entrepreneur seeking to build a multigenerational business. The planning scenarios will be similar in some ways and very different in others.
  • Regardless of timeframe, it will be valuable to articulate answers to the following questions:
    1. What is your desired departure or transition date out of the CEO role?
    2. What is the value that you require from the business net of taxes to be economically independent?
    3. Who are the individuals or entities to whom you would prefer to sell or transition the business to some day?
  • Anticipate Trouble – this is not a glass half-empty lens, but rather anticipating the trouble spots with your plan will help drive efficient execution.

 

Having a plan will help frame your financial decisions inside and outside the business – leading to more optionality and better outcomes. 

Separate from the financial plan and our role as financial planner, we may recommend the purchase of specific investment or insurance products or accounts. These product recommendations are not part of the financial plan and you are under no obligation to follow them. Financial Advisors do not provide specific tax/legal advice and this information should not be considered as such. You should always consult your tax/legal advisor regarding your own specific tax/legal situation.

Corporate Advisory

  • Corporate Financial Planning
  • Exit & Transition Planning
  • Executive Insurance

Call Us (804)330-0711

Virginia Asset Management is independently owned and operated, and offers its own suite of products and services entirely independent of Securian.

Certain individuals associated with Virginia Asset Management are registered with and offer securities and investment advisory services through Securian Financial Services, Inc. ("Securian"), a registered broker-dealer and investment adviser, member FINRA / SIPC. Individuals registered with Securian are authorized to offer only those securities and investment advisory services that have been specifically approved by Securian. FINRA's BrokerCheck contains additional information about registered individuals and also indicates whether they are registered representatives and/or investment advisor representatives. You may also refer to their individual bio pages on this website to find their registration status. Not all registered persons are registered as investment advisor representatives.  Only registered persons who are registered as investment advisor representatives use titles "advisor" or "financial advisor" and provide advisory services. For further questions about which individuals associated with Virginia Asset Management are registered with Securian, as well as information about which securities and investment advisory services such individuals are authorized to offer on Securian's behalf, please contact Securian at 1-800-820-4205. Financial Professionals do not provide specific tax/legal advice. You should always consult your tax/legal advisor regarding your own specific tax/legal situation.

3402331 DOFU 03/2021

 

130 Wylderose Drive

Midlothian, VA 23113

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