Moreton & Company Blog » Financial

Business Expo Agenda

Jenn — Mon, 15 Mar 2010 23:51:18 +0000

Remember, the Business Expo will be held in the Grand America Imperial Ballroom. Registration starts bright and early at 7:30. We look forward to seeing you there!

Moreton Business Expo 2010

Jenn — Fri, 12 Mar 2010 16:00:50 +0000

Have you registered for our 2010 Business Expo, yet?

The Business Expo will be held March 16, 2010, at the Grand America Hotel. Registration and breakfast begins at 7:30, with speakers starting at 8:00.

Topics include:

Economic & Investment Outlook for 2010
Five Sure-Fire Business Killers
What to Expect from the P&C Insurance Market
New Trends in Healthcare
Selling to a Third-Party
Buy-Sell Agreement: Smooth Transition or Timebomb?

Speakers include:

Dr. Kelly K. Matthews, the recently retired Chief Economist of Wells Fargo Bank
Ric Tanner, Senior Vice President of Moreton Financial Solutions
David Fleming, Director at BNY Mellon
Kevin Short from Clayton Capital Partners

Representatives from Moreton & Company will also present a brief update on commercial insurance, employee benefits, and personal lines coverage.

Don’t miss this opportunity!

Financial Advice: What Do I Do Now?

Scott — Thu, 22 Oct 2009 21:24:36 +0000

At this point in time the “no news is good news” adage has taken on a whole new meaning. A day without hearing another bank has gone under, or another company expects large lay offs, or another company needs a government bail out, seems a little less bleak.

Then you get your 401(k) statement or your investment summary for the month, the notice that the balloon payment on the house arrives, you stop to fill up your car, a quick stop at the grocery store, a visit to the doctors for something you thought was minor, and the clouds come rolling back in.

The questions that have to be going through everyone’s minds now are things such as:

How are we going to make it through these turbulent times?
How do we protect our remaining assets?
Will we ever be able to afford to retire?
If something were to happen to us would our loved ones be taken care of?

So what do you do now?

There are several things you can do now and you don’t have to be wealthy to start a plan to protect yourself and your family. To begin with:

Ask for guidance: The financial services professionals at Moreton Financial Solutions (MFS) can help you formulate strategies to address pressing financial issues.
Cover all the bases: Do you have a will? Do you need a power of attorney or a trust? Do you have a plan?
Reduce any financial leverage you have, begin saving
Set priorities

Please call Richard Tanner or Scott Ulbrich if you have questions.

Ric Tanner: 801-715-7074, rtanner@moreton.com
Scott Ulbrich: 801-715-7032, sulbrich@moreton.com

Moreton Financial Solutions: Business Succession Planning

Scott — Mon, 19 Oct 2009 21:55:37 +0000

It is estimated that 90% of businesses in the United States are closely held, and only 25% to 30% of them have a succession plan in place. As a result, only 30% continue to the second generation, and less than 10% make it to a third generation.

No closely held business, or family business, wants to be in the realm of struggling to maintain control of the business they have worked so hard to build. It is a sad fact, however, that many are.

Unfortunately, planning for the succession of a business is often overlooked by busy owners. Taking time to develop a business succession plan may save a family held or closely held business in a time of transition. A buy-sell agreement is the cornerstone of a business succession plan. It sets out the rights and responsibilities of the owners and can address timing, terms and funding of a purchase or sale.

There are several ways to structure a buy-sell agreement and meet the needs of all parties involved. Two common types are a Cross-Purchase Agreement or a Stock Redemption (Entity Purchase) Agreement.

If you think you would benefit from Moreton Financial Solutions’ business planning expertise, please call Ric Tanner or Scott Ulbrich today!

Ric Tanner: 801-715-7074, rtanner@moreton.com
Scott Ulbrich: 801-715-7032, sulbrich@moreton.com