Business Services

At Sterling Portfolio Managers LLC, we seek to serve as a trusted consultant, helping business owners of small and mid-sized businesses chart and navigate a course for their business goals. We apply a disciplined approach to your business planning needs, helping you prepare for your eventual exit, manage risk your business, and implement an efficient retirement plan.

Beyond providing business services, we also offer services for individuals and families.

Our business planning services include:

Retirement Plan Services

Many business owners want to offer their employees a retirement plan but aren’t sure how to implement one that is competitive and affordable. Our technical knowledge of retirement plans allows us to help address plan design issues, perform plan and cost analyses, and present custom recommendations to fit our clients' personal and business objectives. Covering the full spectrum of corporate retirement plan products, we help clients determine an appropriate solution for their business, whether that is a 401(k), 403(b), SEP or SIMPLE IRA, defined benefit plan, profit sharing plan, or other option.

Succession Planning

Whether you pass on your business to a family member or sell it, eventually you will one day retire and leave the business. Whatever you decide, a succession plan is critical for ensuring a smooth transition and organized transfer of ownership. We believe a succession plan should address multiple concerns and goals, including your retirement objectives and desire to protect against unexpected occurrences. In developing your succession plan, we seek to help you retire on your schedule, plan for the unexpected, and efficiently transfer your business to a buyer or family member.

Buy and Sell Strategies

Life insurance is designed to help protect a family in the event of an untimely death of a primary wage earner. But what protects a business in the event of a business owner’s death or total disability? One way to safeguard your business and protect it from a loss of revenue is to create a buy-sell agreement. Beyond offering advice on the agreement, we can work with your attorney to determine the right type of agreement.

Key Employee Insurance

Key employee insurance, also known as key man insurance, is life insurance on a key employee or partner, with the business serving as the beneficiary. This can offset a risk by reimbursing your business for economic losses that occur when a key executive of your company dies. We can work with you to determine your business’ key personnel and evaluate affordable solutions to this liability.