Wealth Planner Speaks On How to Effectively Pass On A Business

Guiding your journey to financial well-being. End Quote

(1888PressRelease) March 23, 2016 - Rockaway, NJ - Jim McCarthy, CFP®, ChFC ®, Directional Wealth Management, was recently spoke with Alex Parker-Magyar, reporter, The Citizen. The resulting article was featured on their front page, " How to pass on your business - advice from a Rockaway company ", where he discussed when it's time to hand the business down to a successor. (http://bit.ly/22un64o)

"Passing on a business to the next generation is not as easy as simply hanging up the cleats," states McCarthy. "Either way, most people get to it and they're shocked," he said. "It's not a simple process. It would be simple if you're willing to take less for your business. The more you prepare for it the better outcome you're going to get." Many businessmen and women, he said, "know how to run a business, but they don't know how to get out of their business."

McCarthy is the subject of a recent Wall Street Journal article on transferring a business to the next generation. (http://on.wsj.com/1K0P7rK)

Directional Wealth Management specializes in comprehensive financial planning and wealth management. Additionally, they offer individual and family health insurance, including Medicare supplemental plan and employer group benefits, including health, life and disability.

Jim has been working as a financial professional for two decades. During his career, he has held executive positions in Finance and Accounting for major international organizations. He is a CERTIFIED FINANCIAL PLANNERTM professional and is a Member of both the Financial Planning Association (FPA) and the Financial Services Institute (FSI). Additionally, Jim holds the Chartered Financial Consultant® designation.

Jim has been helping clients build personalized investment programs since 2003. Professionals, corporate executives and affluent families rely on him for comprehensive wealth management services. He believes financial planning is about a person's values and not just their money. His focus is to help each client live life to the fullest. He does this by capitalizing on the global knowledge he has gained helping other clients and by building quality relationships and an intimate understanding of what matters most to his clients. Jim feels it is important to develop the right plan for each client's situation by utilizing tools that help manage risk, enhance return and minimize taxes. He shares strategies that assist his clients in overcoming emotional decisions regarding their financial future.

Jim was recognized as a Five Star Wealth Manager in New Jersey in both 2015 and 2016. Visit for an overview of Jim's appearances in print and broadcast media. (http://prn.to/1VNHRRP)

For more information or to schedule an interview with Jim McCarthy, contact Amy Delman of Amy Delman Public Relations, LLC, at 201.563.4614 or amydelmanpr ( @ ) verizon dot net dot

Directional Wealth Management, LLC and Wall Street Financial Group, Inc. are separate entities. They are independently owned and operated. Only securities and advisory services offered through Wall Street Financial Group, Inc.(WSFG), Registered Investment Advisor. Member FINRA/SIPC.

###

space

Other Related Press Releases