Investment Strategies for High-Net-Worth Business Owners: A Mandeville Private Client Inc. Approach - Your Business Is Your Best Investment
By Tim Leonard
Navigating the complex world of investments can be a daunting task, especially for high-net-worth business owners who seek to not only preserve their wealth but also to grow it.
Every business owner's financial situation is unique, influenced by factors such as the nature of their business, their personal goals, and their risk tolerance. Mandeville Private Client Inc. understands this and emphasizes the importance of personalized investment planning.
Personalization extends beyond just selecting the right investment options. It involves a deep understanding of the business owner’s entire financial landscape, including their business(s), family cash flow needs, current lifecycle stage, succession/transition planning and estate planning for intergenerational financial security.
Our investment strategies include the manufacturing and harvesting of tax effective income. This bespoke approach ensures that investments are not just a series of transactions, but a well-integrated component of the entrepreneur's overall lifecycle wealth plan.
Diversification Beyond the Basics
For affluent business owners, diversification is more than just spreading investments across different asset classes. Mandeville Private Client Inc. advises not only diversifying across stocks and bonds but also considering alternative investments such as private equity, private real estate, private debt, and private hedge funds. Diversification should also reflect the business owner’s risk tolerance, market outlook and income needs. By investing in a wide range of assets, entrepreneurs can mitigate the risks inherent in their business sectors and geographic locations, thus protecting their wealth from market-specific downturns. We not only look at your investments from a risk-adjusted return, but also your tax-adjusted returns as a business owner.
Mandeville Private Client Inc.’s Approach
Our approach to investment management for high-net-worth business owners is comprehensive, considering all aspects of the entrepreneur’s financial life. This includes business valuation, cash flow analysis, and retirement planning, all of which help customize a tailored investment strategy. As a hard-working business owner, never forget, that your business is your best investment and best tax shelter.
About Tim
Tim Leonard is a Wealth Retention Strategist at Lifecycle Wealth, a firm providing proprietary insurance solutions to high-net-worth professionals and business owners in Ontario, Canada. Tim is also an investment advisor at Mandeville Private Client Inc., providing private and alternative fund solutions in addition to public investments. Tim uses his over 40 years of experience to develop and implement the Lifecycle Wealth Plan, using appropriate and customized investment tools to help business owners create more wealth by paying less tax at each stage of life. His desire is to see his clients save tax, fund their lifestyle, and build their legacy—all through proactive planning. Tim and the Lifecycle Wealth team specialize in understanding the various tax rules exclusive to business owners and building a plan with both standard and unique investment, insurance, and personal financing products tailored to their needs, goals, and situations. Tim wants his clients to sleep better at night, knowing they’re on the right path and have a team of professionals advocating for them no matter what comes their way.
Tim has a Bachelor of Arts from Western University and a degree in commerce, accounting, and finance from the University of Windsor. While his favorite thing to do is help people excel financially, Tim also enjoys a good game of golf. He’s a member of the Whistle Bear Golf Club and is the chair of the Stratford Chefs School’s finance committee. To learn more about Tim, connect with him on LinkedIn.
This publication contains the opinion of the writer. The information contained herein was obtained from sources believed to be reliable, but no representation or warranty, express or implied, is made by the writer, Mandeville or any other person as to its accuracy, completeness or correctness. This publication is not an offer to sell or a solicitation of an offer to buy any securities. The information in this publication is intended for informational purposes only and is not intended to constitute investment, financial, legal, tax or accounting advice. Many factors unknown to us may affect the applicability of any statement or comment made in this publication to your particular circumstances. Hence, you should not rely on the information in this publication for investment, financial, legal tax or accounting advice. You should consult your financial advisor or other professionals before acting on any information in this communication.
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