Maxing out your 401(k) and still feel like you’re not getting ahead on retirement? You’re not alone. In this episode, Roman Cioske breaks down the cash balance plan — a hybrid, employer-funded retirement tool that may let business owners and high earners save well beyond standard 401(k) limits. We cover how it works, who it […]

Excess cash flow is a sign of a healthy business—but it’s also an opportunity. When your company generates more cash than it needs for day-to-day operations, you have a powerful tool to strengthen your financial position and fuel growth. However, without a clear plan, surplus funds can easily be mismanaged or sit idle, missing out […]

Owning a business can be the first step toward financial independence, flexibility, and pursuing your true passions. However, for many aspiring entrepreneurs, securing funding to start their business is the biggest challenge. To operate effectively, a business needs to cover expenses such as payroll, insurance, permits, equipment, advertising, and rent. Having the capital to pay […]

Roman Ciosek, Managing Director and Partner at Hightower Westchester shares tips to help entrepreneurs and business owners build a strong foundation for success. Topics include: business plans, understanding your audience, building a brand, getting your finances in order, and more.

If you are thinking about selling, merging, or expanding your business, a business valuation is essential. A business valuation is an assessment of the economic value of part, or all, of the business. It is a complex process that requires the valuator to consider many internal and external factors that affect how much the business […]

Roman Ciosek, Managing Director and Partner at Hightower Westchester discusses the importance of building the right team when selling a business. Roman highlights essential roles such as an M&A advisor, accountant, attorney, and financial advisor, explaining how each contributes to a smooth and successful transaction and post-sale preparation.

Roman Ciosek, Managing Director and Partner at Hightower Westchester discusses the pros and cons of defined benefit plans, also known as traditional pension plans. Topics include: guaranteed income in retirement, employer responsibility, survivor benefits, incentive for longevity with employer, tax advantages, lack of portability, financial risk, and more. Securities offered through HighTower Securities, LLC member […]

A Baseline Overview for Private Business Owners Selling your business will likely be one of the most pivotal moments you and your loved ones will ever face. Structuring a sale is complicated, but building a foundation of knowledge can help you prepare for the biggest transaction of your life. The options available to you — […]

Roman Ciosek, Managing Director and Partner at Hightower Westchester discusses what a buy-sell agreement is and why it’s important for business owners to have one, even if you’re a sole proprietor. Topics include the 5 D’s, how a buy-sell agreement works, funding a buy-sell agreement, business continuity, and more.