Let us guide you at every stage of business and professional firm growth and resilience with Planning, Retention and Protection
We provide affordable solutions tailored to your business or professional firm needs that are rooted in the deep understanding of your business opportunities and challenges.
Since 1981 we use well tested and proven methods to provide a competitive edge to a diverse client base of 350+ businesses, accounting and law firms.
The most overlooked catastrophic risk we cover is when any accountant or attorney in your firm becomes totally disabled and unable to work. Thus they are no longer have a paycheck to able to contribute to their 401(k) plan. Without coverage, for example for a 40 year old that was contributing15% of pay the shortfall in their 401(k) account balance at age 65 equals $1,862,000 (age 50 equals $879,000). Remember your group long term disability plan pays to age 65/67/ With many people living to age 85 and beyond, accountants and attorneys tell us that this is a catastrophic risk that could devastate their lifetime financial stability.
Example: Milton a 42 year old Partner in a DC law firm called me recently to tell me four years ago he was hit by a drunk driver in DC and then in a coma for 20 days with a broken spine, then unable to work at all. He did not have this protection and asked me what he can do now. Tough question to answer.
THE EASY FIX TO COVER THIS CATASTROPHIC RISK: There are a few $300B+ financial institutions we represent that will put in 15% of your accountant or attorneys former pay monthly (+8% average return) until age 65.. The monthly cost to cover all your attorneys or accountants is affordable and tax deductible. Call Don Simon 443-319-1925. Managing Partners tell us this plan has given them the differentiating edge over competing firms to recruit and retain their accounts and attorneys since most professional firms surprisingly do not recognize this risk let alone know how to cover it.
Retention
In this competitive job market it can be challenging to retain your top talent. We know they are the backbone of your firm. We help you accomplish this in one other proven way.
Protection
According to Mercer Capital only 1 in 17 business or professional firms have updated effective plans that minimize or eliminate all potential catastrophic losses.
Our services provide timely information and resources that lead to smart and lasting solutions in a complex global economy for your company.
We are a nationwide specialty firm since 1981 successfully serving a diverse mix of over 350 business owners and professional firms and their executives.
Here’s how we guide your firm with expertise to make important decisions most likely to result in optimal outcomes:
- We carefully listen to your challenges and opportunities and carefully and thoroughly show you options, with both upside and downside aspects of each option.
- You’ll work directly with Donald Simon, the Founder of Simon Financial Company LLC in1981.
- Thus, you eliminate any concerns resulting in you being handed off to assistants or agents with no professional designations or certifications or limited experience.
- We stay on top of your changing needs by helping you monitor and achieve your goals by suggesting well though out adjustments.
- We retain 97% of our clients each year, demonstrating a high rate of client satisfaction.