The minimum to start a brokerage account is $500,000. To start with a corporate trust account the amount will vary based on companies.
A DB Trust is a way to setup a pension plan for small business owners to overfund their retirement plan in the later working years. It provides tax benefits to the owners of profitable corporations.
The ideal candidate is a business with at least 500K-1mil in net profits, with less then 50 employees.
Yes, there are various ways to provide for business owners and ultra wealthy individuals.
The first step is to determine the business valuation. Once we have the valuation we can strategize on a exit strategy that will bring the most value to the business owner.
Annuity is a contract with an insurance company. Some annuities guarantee principle protection and income benefits. The right annuity can be a valuable way to diversify a clients portfolio.