After graduating from business school, I started a job at Charles Schwab. I had a great time working alongside some wonderful and smart people. As I progressed into leadership roles, I found that to keep progressing I would have to make several lateral moves. That was a bit of a turn-off for me with my entrepreneurial spirit. What I also noticed was a lot of the financial advisors, financial managers, and wealth managers out there, didn’t run their businesses in a way that I felt was the most advantageous for small business owners. Thus, with a particular focus on helping small business owners with their money management needs, in 2014 I resigned from my job and started Three Oaks Wealth. 

Our firm works with a lot of small business owners and our core strength is to assist them during periods of transition. When an owner is considering exiting their business, there are a few paths they can take but the most important question we help them answer is how to maximize their exit and reduce their tax liability. No matter what stage your business is in, good exit planning is simply good business planning in general. The core two areas to start with are to get personal expenses out of the business and then to establish processes that remove the owner from the daily business operations as much as possible. 

The reason we exist as a firm is to help clients get to the best place financially for their circumstances. Being an entrepreneurial person myself, I get fired up working with entrepreneurs who came up with an idea and took the risk of launching something new to the market. This is why we are passionate about helping people with their financial planning -- so that they can live their best life. Today we don’t cross over much into general business consulting because that’s not our area of expertise. We get some of those questions during our interactions, but our primary focus is to get clients in the best financial place we can. 

Resources Shared: 

• Three Oaks Wealth
• Grow Money Business Podcast
• Thryv