Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

What business owners should understand before retiring

Jeremy Finger, certified financial planner with Riverbend Wealth Management in Myrtle Beach, SC
Provided
/
Provided
Jeremy Finger, certified financial planner with Riverbend Wealth Management in Myrtle Beach, SC

Our next guest says that when business owners are looking to retire, they most often don’t understand their exit options. Which means they may not even have a written plan or an advisory team. And when most of the business owner's wealth is tied up in the business itself, all of this can present serious challenges. Mike Switzer interviews Jeremy Finger, a certified financial planner with Riverbend Wealth Management in Myrtle Beach, SC.

Stay Connected
After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.