Tag Archives: Wealth Is In The Details Podcast

Episode 50 – Growing Your Business for Your Exit – With John Leonetti



Business owners often need to grow the value of their business to satisfy their lifestyle post-exit. This can be achieved through thoughtful growth planning.

In  this episode, Peter Raskin welcomes Pinnacle Equity Solutions’ John Leonetti to discuss the concept of growth planning. They discuss important considerations for business owners looking to grow their business for their exit and explain why growth planning is not just about maximizing revenue.

In this episode, you will learn:

  • What your mental readiness might look like when exiting your business 
  • Three preparation stages to help you ready for your exit 
  • How John’s checkers and chess analogy relates to business value growth 
  • Professionals who can help ready-to-exit business owners 
  • And more!

Tune in and discover how a strategic growth plan can help you organize and plan a successful business exit!

Resources: Raskin Planning Group  | Peter Raskin | (617) 728-7433 | Pinnacle Equity Solutions | The International Exit Planning Association 

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Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.


Episode 49 – A Deep Dive into Employee Stock Ownership Plans (ESOP) – With Guest Richard Glassman



An Employee Stock Ownership Plan, also known as ESOP, is the most common form of employee ownership in the United States.

In this episode, Peter Raskin is joined by Rich Glassman, a partner at ESOP Plus. Rich discusses the different implications of ESOPs while explaining how these plans are a “win-win game” for business owners and their employees. 

In this episode, you will learn:

  • What an ESOP is and how it works
  • Why business owners should consider ESOPs, and how it relates to their readiness to exit their business 
  • The role of taxes when it comes to ESOPs
  • How clients can walked away with significant retirement accounts thanks to ESOPs
  • And more!

Tune in to learn the benefits of ESOPs for business owners and their employees!

Resources: Raskin Planning Group  | Peter Raskin | ESOP Plus | (860) 916-3287 (Richard Glassman)

CRN-3386520-123020

Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.


Episode 48 – Health Insurance For Small Businesses – With Guest Patrick Mccullom



Health insurance and coverage is absolutely vital in American society. But it affects individuals and business owners at different levels, and it can be tricky to maneuver.

In this episode, Peter Raskin is joined by Balanced Benefits Group president and owner Patrick Mccullom to discuss the cost of healthcare coverage for small businesses across the country, and how this is often a burden for both employers and employees. 

In this episode, you will learn:

  • How legislation and prescription medication influence health insurance costs
  • Pros and cons of employers offering health insurance to their employees 
  • The difference between HSA, HRA, and FSA accounts
  • The importance of a broker’s “neutral voice” when making carrier changes  
  • And more!

Tune in as Patrick Mccollum discusses all things health insurance for small businesses! 

Resources: Raskin Planning Group  | Patrick Mccullom

CRN-3361762-120820

Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.


Episode 47 – What is Your Business Worth? — With Chris Mellen



Over the years, Raskin Planning Group has developed a process to help small business owners exit their business on their terms. 

One major part of this planning process is understanding the factors that are involved in determining and appraising the value of business owners’ most important and largest asset, their business.

In this episode, Peter sits down with Chris Mellen, managing director of Valuation Research Corporation. Chris shares some of his expert advice on business valuation and appraisals and breaks down what every business owner should know about the value of their business. 

In this episode, you will learn:

  • Why business owners typically underestimate risk
  • The 3 main buckets of business valuation
  • How economic shifts affect valuation
  • 4 external factors that drive the benefit of gifting shares
  • And more!

Tune in to now to discover everything you need to know about the value of your business!  

Resources: Raskin Planning Group: (617) 728-7433 | peter.raskin@lfg.com | Valuation Research Corporation: (781) 501-1382 | Chris Mellen on LinkedIn  

 CRN-3353771-120220

Disclosure: This is not intended to be a substitute for professional investing advice. Always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.


Episode 46 – How to Prepare Your Successor Before Exiting Your Business – With Abby Donnelly



To hand off your business to a successor who will keep leading with similar values and goals, you need a strategic succession plan that aligns with the skills, experience, and capabilities of your business.

In this episode of The Wealth Is In The Details, Peter Raskin welcomes the Leadership & Legacy Group’s Abby Donnelly to explore the succession planning process. Abby breaks down her process for helping business owners prepare to hand off their business and reveals the tools and strategies that can help you exit your company.

In this episode, you will learn:

  • About the Donnelly Method for succession and exit planning
  • The emotional aspect of the succession and exit process
  • How a business owner’s identity can impact their business  
  • The difference between a business succession planning and an exit strategy 
  • And more!

Join Peter and Abby now and discover the importance of starting your succession plan today!

Resources:  Raskin Planning Group  | Abby Donnelly | Leadership & Legacy Group  | Resources |  336-458-9939

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Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.


Episode 44 – Election Season: The Correlation Between Markets and Government Policies



With election season upon us, many Americans are anticipating what’s to come from the 2020 presidential election — and what the election and its resulting presidency could mean for the markets.

In this episode, join Peter Raskin as he debunks the common belief that markets are influenced by politicians and their policies. Peter breaks down ten reasons why there isn’t any correlation between markets and politics and shares what you should keep in mind when managing your investments through this election. 

 In this episode, you will learn:

  • Why neither party can claim superior economic market performance
  • Why you shouldn’t confuse partisan politics with market analysis
  • Reasons why investors are better off staying fully invested
  • Why predictions are irrelevant tools for politics and the market 
  • And more!

Tune in now as Peter highlights the importance of planning your financial future no matter who the president is or which party controls Congress! 

Resources:   Raskin Planning Group  | Resources | Peter Raskin  | 10 Truths About Presidential Elections and the Stock Market

CRN-3290987-101920

Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.