Hi /biz/
Not sure what to do, thought someone here might have a requisite background to give some good insight. I'm an entrepreneur in a distribution services niche and have spent the last few years building up my business.
I was recently approached by someone interested in buying the company for a good price (I'll probably net 15-16M after taxes)
Anyway, I'm curious to hear any tips on selecting a wealth advisor/manager. My attorney has given me some tips, but he's mostly a corporate law specialist, very little overlap with finance, etc.
I've kept good control of my personal finances, but mostly have kept a lot of my money in the business (Minus paying off my house, comfortable salary, and solid retirement account contributions, etc) My plan was always to sell the business once it got to a certain threshold.
How can I filter and find a good manager?
What are the main questions I want to ask?
(Also, I'm 30.Not sure if that makes a difference, but I don't want to retire, I want to stash this money away and build up another business in a related, but different market, as next step)
Any help appreciated.
Bump?
>>1387167
Try googling: Finding a good wealth manager.