How We Help Businesses and Individuals Make Smart Financial Decisions
At Arkfeld Wealth in Omaha Ne, we take pride in helping businesses and individuals make informed and smart decisions with their money. Financial success isn’t just about investing—it’s about understanding every aspect of your financial situation and making decisions that align with your goals. Whether you run a business or manage personal finances, our mission is to guide you through the complexities of wealth management, planning, and investment.
Our Comprehensive Approach to Financial Planning
We do more than just manage money—we help you take a holistic view of your financial situation. Here’s how:
- Evaluating Your Team
One of the first steps we take is ensuring that you have the right professionals in place. From accountants to attorneys, having a strong network of advisors is key to making sound decisions. We assess if your team is positioned to help you achieve your financial goals. - Expense Management
Controlling business and personal expenses is crucial for long-term success. We work with you to identify areas where costs can be reduced, allowing you to free up resources for growth or savings. - Preparing for Downtimes
Every business faces ups and downs. We help clients prepare for downturns by building cash reserves and managing debts, so when challenging times hit, you’re ready. - Succession and Estate Planning
Succession planning ensures your business continues to thrive even after you’re no longer involved. Estate planning safeguards your wealth for future generations. We help navigate these processes, so your legacy is protected. - Tax Planning
Effective tax strategies can save you significant money. We work closely with tax professionals to develop plans that reduce liabilities while complying with tax laws.
Strategic Investment Decisions
Once we have a comprehensive understanding of your financial landscape, we assess whether reinvesting in your business makes sense. We focus on three main areas:
- Reinvesting in Your Business
Often, the best investment is your own company. We advise business owners to prioritize their “number one stock”—their business. If reinvesting capital back into your company will yield better returns, that’s the path we encourage. - Debt Reduction and Self-Banking
In some cases, paying down debt or becoming your own bank may be more advantageous than investing in outside opportunities. This strategy gives you control over your financial future and minimizes reliance on external lenders. - Investing Smartly
Once you have a healthy cash flow and a solid foundation, we manage your investments in a way that aligns with your long-term goals. We believe in investing in high-quality stocks and bonds, and we avoid high-commission products like annuities, life insurance for investment purposes, and mutual funds.
What We Don’t Do
We don’t believe in pushing products that come with high commissions or hidden fees. Annuities, life insurance as an investment tool, and mutual funds are not part of our strategy. We do recommend term life insurance, but only as a short-term solution to cover any gaps in your balance sheet until you’ve built a solid financial foundation.
Making Smart Decisions for the Long Term
At the end of the day, we help people make smart decisions with their money—whether it’s reinvesting in their business, managing cash flow, or growing their wealth through stocks and bonds. Our goal is to help you build a financially stable future by making decisions that are right for your unique situation.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Please consult with a financial advisor for personalized recommendations.
