Broker Check

Case Study

Case Study #2 – Business Overwatch

Case Study #2 – Business Overwatch

Presented by Britton Adams, ChFC®, CExP

Client Background

  • Former client reached out unexpectedly
  • Early 60s, sold 50% stake in Honda dealership for $13M
  • Interviewing financial planners

Initial Engagement

  • Introduced planning process and family office concept
  • Discussed tax-saving possibilities
  • Client agreed to move forward the next day

Financial Overview

  • $13M transaction: $8M upfront (capital gains), $1M/year starting 2025
  • 3 children, 10 grandchildren
  • Owns real estate and rental properties
  • $10M in cash, $800K in 401(k)
  • Top priority: Taxes

Planning Actions

  • Implemented $1,000/month planning fee
  • Invested $3.25M into AQR Flex and Legacy strategies
  • CPA and AQR involved in planning meetings

Wealth Strategy

  • Potential $70M net worth trajectory
  • Estate tax planning and home improvement funding

Investments

  • $3M to MMLIS
  • $2M SBLOC with Goldman Sachs