Erdman Financial Group
Business owners face a unique financial challenge, running a company while also trying to build personal wealth, protect their people, and plan for what comes next. We help you do all of it, strategically and intentionally.
The Bigger Picture
Most business owners pour everything into their company, and yet their business and their personal financial plan operate in completely separate silos. That disconnect is one of the most expensive mistakes a business owner can make.
At Erdman Financial Group, we specialize in bringing those two worlds together. We work with founders, owners, and partners to build a financial strategy that accounts for both sides of the balance sheet, so your business success actually translates into personal financial security.
The most growth-minded business owners we know are just as intentional about their personal finances as they are about their business.
Building a great business is only half the equation. The other half is making sure the wealth you're creating inside that business is protected, growing, and positioned to work for you, whether you're running it, exiting it, or passing it on.
Two Worlds. One Strategy.
Your Business
Your Personal Life
Who We Work With
Solo & Self-Employed
When you are the business, your personal and financial lives are completely intertwined. We help you build tax-advantaged savings, protect your income, and plan for a future that isn't dependent on always being on.
Small Business (2–20 Employees)
At this stage, attracting and retaining good people matters as much as growing revenue. We help you build the benefits and retirement plan infrastructure that makes your company a place people want to stay.
Mid-Size Business (20+ Employees)
With more complexity comes more opportunity, and more risk. We help established business owners think about executive compensation, succession, exit planning, and ensuring their personal wealth isn't entirely tied up in the business.
Partners & Co-Owners
Business partnerships require careful planning around ownership, buyout agreements, and what happens if a partner exits, becomes disabled, or passes away. We help co-owners plan for every scenario before it becomes a crisis.
For the Business Owner
What happens to your business if you, or another critical person, can no longer show up? We build key person strategies that protect business continuity and give lenders, partners, and employees confidence.
A properly funded buy-sell agreement is the foundation of business continuity planning. We help structure and fund agreements that protect all owners and prevent costly disputes when circumstances change.
From deferred compensation to split-dollar arrangements, we help business owners design compensation strategies that reward key executives, reduce taxes, and build loyalty without draining cash flow.
We make sure your personal financial plan doesn't get lost in the business. Retirement savings, personal investments, insurance, and estate planning, all coordinated alongside your business strategy.
For Your Employees
Health, dental, vision, disability, and life insurance, we help you build a group benefits package that competes for talent without breaking your budget, and makes sure your people feel genuinely valued.
We design and implement retirement plans that work for your business and your employees, from simple Safe Harbor 401(k)s to more sophisticated profit-sharing structures that reward long-term loyalty.
Not all retirement plans are created equal. We evaluate your current plan design, contribution structures, matching formulas, vesting schedules, and identify opportunities to maximize value for owners and employees alike.
Benefits are only valuable if employees understand and use them. We offer financial education and guidance to help your team make the most of the plans you've put in place, increasing engagement and reducing turnover.
401(k) Deep Dive
For business owners, a 401(k) isn't just an employee benefit. It's one of the most tax-efficient ways to build personal wealth. The right plan design can allow owners to shelter significantly more income than a standard individual retirement account while building genuine goodwill with their team.
We help you set up, optimize, and manage retirement plans that work hard on both sides of the equation, for you and for the people who show up every day to help build what you've built.
Automatically passes compliance testing and allows owners and highly compensated employees to maximize contributions without restrictions.
Flexible employer contributions tied to business performance, a powerful way to reward employees while maximizing owner contributions in strong years.
Allows self-employed individuals to contribute as both employer and employee, dramatically increasing annual tax-deferred savings potential.
We help business owners understand and manage their fiduciary responsibilities, protecting both the business and the people enrolled in the plan.
We review and monitor the investment options in your plan to ensure they remain appropriate, competitive, and aligned with participant needs.
Business Succession & Exit Planning
Whether you're planning to sell, pass it to family, or transition to a partner in the next five years or the next twenty, your exit strategy needs to start long before you're ready to leave. The earlier you plan, the more options you have and the more value you can preserve.
We establish what the business is worth today and what you need it to be worth at exit to fund the life you want.
We determine how much you actually need from the business and how to build wealth outside of it in parallel.
We help you evaluate and choose the right exit path given your goals, timeline, and the nature of your business.
We work with your CPA and attorney to structure the transition in the most tax-efficient way possible.
What does your financial life look like once the business is gone? We make sure you're just as prepared for what comes after.
There's no single right way to exit a business. We help you evaluate all your options and choose the path that fits your goals, your timeline, and your legacy.
Who This Is Built For
Running a business takes everything you have. But the most intentional business owners we work with never lose sight of why they started, and they make sure their financial strategy reflects both who they are as an owner and who they are as a person.
"The best business owners we know treat their personal financial plan with the same discipline they bring to running their company."— Erdman Financial Group
Let's Build the Full Picture
Schedule a complimentary consultation and let's talk about where your business is, where you want it to go, and how to make sure your personal financial future is built alongside it rather than as an afterthought.
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