Playbook for Advising Young High-Net-Worth EntrepreneursPlaybook for Advising Young High-Net-Worth Entrepreneurs

In the world of high growth ventures, successful new companies are creating monumental wealth for young entrepreneurs. Yet, amid a focus on scaling their businesses and pursuing exit strategies, young entrepreneurs often overlook a crucial element of personal finance: income tax planning.

Founders of high growth companies are often young, single or just starting a family, with a significant portion of their wealth concentrated in the equity interests of their companies. While traditional estate planning is important, it won’t immediately interest this group. The timely need is expert guidance on how they can best mitigate often onerous state and federal income taxes on a liquidity event.

Without proper guidance, young entrepreneurs can mis...