Tom came to the Brayshaw Financial Group extremely concerned about his business. He owned a property and casualty insurance company that had lost their ability to write certain types of insurance. Tom’s partner had died suddenly, and he was left with large debts and the entire business to care for. He was losing sleep and emotionally drained. Tom didn’t want to put his family or his employees at risk for the same scenario and needed a policy that would cover the debenture for the company. He was quite a bit older than his wife and had some health struggles and was very worried about protecting his family if anything happened to him.
Brayshaw Financial created a complete fiduciary financial plan for both Tom’s personal life and business life by assessing what was missing from each. On the personal side, he was completely unprepared for the healthcare risk his family was under due to his condition. His main asset in both areas of his life was his business, however, his business was being crippled by debt, a lack of employee retention incentives, and no discernable continuity plan. Therefore, it would be hard to grow the business if Tom didn’t start with restructuring his employee roles and incentives.
The Brayshaw Financial Group began a full fiduciary strategy for his personal and business concerns. By doing this we significantly helped Tom begin working his way out of several concerns that were weighing him down.
Tom is very pleased with the strategy the Brayshaw Financial Group put in place and has found that his family and employees are feeling more peaceful and stable. The new systems and structures implemented have both enhanced the freedom for growth in the company and have created a more relaxed workplace and homelife for all.