This page provides the latest feature content on Nevada Financial Management Industry from Nevada Business Magazine, plus additional resources.
Latest Nevada Financial Management Industry Feature
How About Now? Exit Planning
By Pat Evans
Originally published: https://www.nevadabusiness.com/2019/02/exit-planning/
Business owners have an exit strategy issue. There’s a consensus among exit planning professionals that their clients often don’t think about their plans until it’s too late.
“It’s one of those things, like an estate plan, that everyone knows they should do but it’s easy to put off,” said Shawn Pearson, an attorney at Woodburn and Wedge in Reno. “It’s like exercising and getting eight hours of sleep, it’s easier said than done.”
There has been a rise in owners thinking about exit strategies, Pearson said, but it’s still incredibly low. At the depth of the Great Recession, he said there were essentially zero business owners thinking about their exits. Now, with the economy strong, business owners are instead focused on dealing with the day-to-day operations ensuring they are capitalizing on the opportunity to make money. [Read the full story.]
Recent Nevada Financial Management Industry Features
Industry Focus: CPAs
An asset to any business, CPAs and accountants have a multitude of challenges when it comes to staying on top of new laws and advising their clients. Recently, executives representing this industry met at the Las Vegas office of City National Bank to talk about the changes they’ve seen recently and what is on the horizon. [Read More]
Wealth Management: Setting and Obtaining Financial Goals
Short and long-term financial goals for CEOs, other executives and business owners might include buying a home, putting their children through college, retiring at a certain age or leaving a legacy, perhaps their business, to their heirs. [Read More]
Financial Services: The Business of Smarter Lending
If money makes the world go round then, well, the world is rotating a bit more creakily than it used to. Financing for the Nevada business community, or any business community in the U.S., still isn’t what it was before the economy took a turn for the worse. [Read More]
Nevada Financial Management Industry Resources
Nevada Financial Institutions Division: Mission to maintain a financial institutions system for the citizens of Nevada that is safe and sound, protects consumers and defends the overall public interest, and promotes economic development through the efficient, effective and equitable licensing, examination and supervision of depository, fiduciary, and non-depository financial institutions.
Association of International Wealth Management: A non-profit association established to encourage, promote and strengthen global education in the private banking industry and to set a globally recognised standard for the qualification of private banking professionals.
National Association of Active Investment Managers: A non-profit association of registered investment advisors who provide active money management services to their clients.
Investments & Wealth Institute: A professional association, advanced education provider, and standards body for financial advisors, investment consultants, and wealth managers who embrace excellence and ethics.