Business transition

The thought of selling a business is daunting to many business owners. You have invested many hard years of work to establish and grow your company and now it’s time to transition to a new phase of life. Our group, in conjunction with best in class partners, can help you transition your business to maximize your sale price and minimize the tax burden. Together with your other trusted advisors, we can help you execute your transaction of a lifetime.

Employee Stock Ownership Plans (ESOPs)

Employee Stock Ownership Plans (ESOPs) are one way for you to sell all or part of your shares of your business to a retirement plan, without giving up voting power. This can be a useful tool for you to either completely transition away from a business, or diversify some of your risk. An ESOP also can be used to enhance the selling price to another firm, or can be used as a financing tool for expansion of your business.

If your business qualifies, the use of a 1042 exchange in ESOP transaction can be tax deferred or potentially tax-free to the selling individual.

Private equity/mergers and acquisitions

By partnering with our Corporate and Executive Services and RBC Capital Markets, we can guide corporations and their executives through regulatory complexities while delivering an array of sophisticated investment options to help you feel confident about your professional and personal financial responsibilities.

We offer an extensive range of products while leveraging the full breadth of the RBC platform:

  • Investment banking
  • Affiliated trading programs
  • Employee stock plan administration
  • Restricted stock transactions
  • Directed share plans
  • Pre/post initial public offering (IPO) planning
  • Corporate buybacks
  • Structured products
  • Corporate retirement plan consulting
  • Equity risk management 

Through individualized consulting with experienced specialists, we can customize solutions for your unique needs. By partnering, we can help ensure important decisions are made in conjunction with your other wealth management goals.

Interfamily/closely held sale

We can also help you better transition your sale to a family member, or another close party through either a direct sale or the use of an ESOP and Management Stock Ownership Plan (MSOP).

With this breadth of knowledge, our group is able to help guide you down the best path for your transaction. This means you will have full clarity of the transaction and be able to understand the financial impact of your sale..  Please contact Will or Heather to discuss how they can help you transition your business.

Disclosures

RBC Wealth Management does not provide tax or legal advice. We will work with your independent tax/legal advisor to help create a plan tailored to your specific needs.No information, including but not limited to written materials, provided by RBC WM should be construed as legal, accounting or tax advice.

Will Hardee, NMLS # 1683930 through City National Bank, may receive compensation from RBC Wealth Management for referring customers to City National Bank. Banking products and services are offered or issued by City National Bank, an affiliate of RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC and are subject to City National Banks terms and conditions. Products and services offered through City National Bank are not insured by SIPC. City National Bank Member FDIC.

Investment products offered through RBC Wealth Management are not FDIC insured, are not guaranteed by City National Bank and may lose value.

Read additional advisor disclosures.