ONWARD

Charting the Next Phase of Your Entrepreneurial Life

About ONWARD

As private wealth advisors, we have a great deal of experience supporting successful middle market entrepreneurs. Our aim when working with entrepreneurs is to help better position them, their family and their company so they can successfully navigate the process of a transaction if, and when the time is right.

Far too often, however, we have found that even under the most successful of circumstances — where our clients got everything they wanted out of a deal, and then some! — there was still a level of dissatisfaction.

This isn’t just our experience — the data backs this up. According to the Exit Planning Institute’s Readiness Survey, 75% of business owners “profoundly regretted” selling their business 12 months after finalizing the deal. Certainly, much of that regret can come from a poor deal — if not the valuation of the deal, but the impact of the deal on their employees, the trajectory of the company and other factors.

But we have also found that even in the best of circumstances, few entrepreneurs are adequately prepared for the mental and emotional changes and challenges of life that post-sale will present to them. They haven’t thought through “what’s next?”

As you consider a move into the next phase of your entrepreneurial career — switching tracks and heading on a new path — it’s important to keep in mind that the same key factors that made you a successful entrepreneur apply to how you approach your post-sale life. Preparation and planning.

Entrepreneurs need to begin this crucial step BEFORE they sell their company, if possible. Reason being is that not only does planning for this transition lessen the emotional burdens placed upon your shoulders during the transition, but it could also impact how you evaluate aspects of potential deals. It’s important to have an idea of what you want to do next so that you don’t end up becoming boxed out of pursuing those plans by the terms of the current deal.

The ONWARD Series

A successful wealth strategy process benefits from a team of advisors, collectively focused on the goals specific to you, your business and your family. Below, you will find insights and strategies published by the NewEdge team on what it means for an entrepreneur to have a wholesome wealth strategy rather than a simple financial plan.

ONWARD: Episode 6

This is Onward, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. In our latest episode of Onward, partners and advisors across NewEdge Wealth share stories about the importance of finding your financial quarterback and the significant role they play.

|Dec 13, 2023

ONWARD: Episode 5

This is Onward, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. In our latest episode of Onward, Alain Toto, Managing Director at Waterfall Asset Management, joins Ghislain Gouraige, CEPA®, Partner at NewEdge Wealth, to discuss the role private equity firms can play in a transaction and how business owners should be prepared.  

|Sep 27, 2023

The Executive Edge: Bob McCann

Rich Ina, Partner at NewEdge Wealth, sits down with Bob McCann, Co-Chairman of NewEdge Capital Group. Mr. McCann spent the first 26 years of his career at Merrill Lynch, beginning as a trader and rising through the ranks to lead one of the world’s largest wealth management businesses as Vice Chairman and President of Global Wealth Management.

|Jun 2, 2023

Ghislain Gouraige, CEPA® Joins The Practice Podcast

Ghislain Gouraige, CEPA®, Partner at NewEdge Wealth, recently joined Brett Amron and Jeff Bast on BAST AMRON’s The Practice podcast. He discusses his work with ultra high net worth families and #entrepreneurs as well as the many factors owners need to consider separately and apart from their companies.

|Mar 3, 2023

NewEdge Wealth ONWARD: Episode 4

ONWARD: Episode 4

Karen Glassman, Managing Director at NewEdge Wealth, joins Ghislain Gouraige, CEPA®, Partner at NewEdge Wealth, as he sits down with John Stewart, Co-Founder of Creo Valo, in our latest episode of "ONWARD."

|Feb 3, 2023

NewEdge Onward Website Episode 3

ONWARD: Episode 3

Robin Petty, Managing Director and Head of Wealth Strategy at NewEdge Wealth sits down with Doug Knight, Chief Executive Officer at WorldTEK Travel Management, in our latest episode of "ONWARD."

|Nov 16, 2022

NewEdge Wealth Onward Episode 2

ONWARD: Episode 2

This is "ONWARD", a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. John Straus, Jr., CFP®, Partner and Co-Founder at NewEdge Wealth, sits down with Matt Curry in episode 2 of "ONWARD".

|Oct 13, 2022

NewEdge Wealth Onward Episode 1

ONWARD: Episode 1

This is ONWARD, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. In Episode 1, NewEdge Wealth Partner, Ghislain Gouraige, welcomes Eddie Montalvo, a successful entrepreneur who’s had several great exits from his aviation services company. Eddie speaks about his first management buyout in 1997, obstacles he’s faced along the way, and what ventures lay ahead.

|Sep 15, 2022

Rollover Equity & Wealth Strategy

Selling your company to a Private Equity firm affords you many potential benefits, one of which is the ability to rollover equity and defer a portion of the gain realized on the sale of your business. While sellers typically focus on the sale timing and structure, they may be missing a powerful planning opportunity by not exploring planning options for their rollover equity.

|Jul 19, 2022

Articles, Webinars & Media Appearances

ONWARD: Episode 6

ONWARD: Episode 6

This is Onward, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. In our latest episode of Onward, partners and advisors across NewEdge Wealth share stories about the importance of finding your financial quarterback and the significant role they play.

read more
ONWARD: Episode 5

ONWARD: Episode 5

This is Onward, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. In our latest episode of Onward, Alain Toto, Managing Director at Waterfall Asset Management, joins Ghislain Gouraige, CEPA®, Partner at NewEdge Wealth, to discuss the role private equity firms can play in a transaction and how business owners should be prepared.  

read more
The Executive Edge: Bob McCann

The Executive Edge: Bob McCann

Rich Ina, Partner at NewEdge Wealth, sits down with Bob McCann, Co-Chairman of NewEdge Capital Group. Mr. McCann spent the first 26 years of his career at Merrill Lynch, beginning as a trader and rising through the ranks to lead one of the world’s largest wealth management businesses as Vice Chairman and President of Global Wealth Management.

read more
ONWARD: Episode 4

ONWARD: Episode 4

Karen Glassman, Managing Director at NewEdge Wealth, joins Ghislain Gouraige, CEPA®, Partner at NewEdge Wealth, as he sits down with John Stewart, Co-Founder of Creo Valo, in our latest episode of “ONWARD.”

read more
ONWARD: Episode 3

ONWARD: Episode 3

Robin Petty, Managing Director and Head of Wealth Strategy at NewEdge Wealth sits down with Doug Knight, Chief Executive Officer at WorldTEK Travel Management, in our latest episode of “ONWARD.”

read more
ONWARD: Episode 2

ONWARD: Episode 2

This is “ONWARD”, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. John Straus, Jr., CFP®, Partner and Co-Founder at NewEdge Wealth, sits down with Matt Curry in episode 2 of “ONWARD”.

read more
ONWARD: Episode 1

ONWARD: Episode 1

This is ONWARD, a compilation of insights and strategies the team at NewEdge has published on what it means as an entrepreneur to have a wealth strategy, rather than a simple financial plan. In Episode 1, NewEdge Wealth Partner, Ghislain Gouraige, welcomes Eddie Montalvo, a successful entrepreneur who’s had several great exits from his aviation services company. Eddie speaks about his first management buyout in 1997, obstacles he’s faced along the way, and what ventures lay ahead.

read more