New York Life is dedicated to serving professional advisors
Business Solutions
Our focus is to help our clients take action to complete their plan, move forward together and adapt to changing conditions.
Here at Elden Street Financial, we offer a wide array of services to help business owners address their financial needs at every stage of the business life cycle. Taking into account their personal values and financial goals, we create and execute customized plans to help entrepreneurs meet their objectives.
Need ideas to help you...
Map out a strategy to pass your business, intact, to your children?
Protect your business and family against losses from death or disability?
Provide employee benefits?
What about the things we all worry about? - Looking after our family while we're here, and when we're gone...
The success of most businesses is tied to the talent that they can attract in their employees. Retirement plans are a key benefit in that process. We can help you attract, motivate, and retain high-caliber employees and keep your company healthy and stable. We can help you with qualified plans and the support you need in the fiduciary role as a plan sponsor.
^Eagle Strategies acts as a fiduciary with respect to the Plan under Section 3(21)(A)(ii) of ERISA by rendering investment advice as defined under ERISA to the Sponsor in selecting a discretionary investment manager.
Executive Benefits
The success of most businesses is tied into the talent, passion and work ethics of their key executives. Executive benefit packages can help you attract, motivate, and retain high-caliber employees and keep your company healthy and stable. We can help you with non-qualified plans, supplemental employee retirement plans, split dollar plans, and more.
Key Person Insurance
Key person life insurance offers a death benefit that indemnifies an employer for the loss of one of its most important assets - the key person. This can help assure continuity of the business for employees, customers and creditors, and protects against losses in sales, momentum, and credit. It can also be used to recruit and develop a replacement for the employee.
Deferred Compensation
Deferred compensation is a written agreement between an employer and an employee where the employee chooses to have part of his or her compensation withheld by the company, invested on their behalf, and distributed back to them at a pre-determined point in the future. Deferred compensation can be used as a flexible way to attract and incentivize key employees.
Succession Planning
Succession planning allows owners to leave their business on their own timeframe while preparing their company to be transferred to family members, key employees, an outside party, or even a charity. This must be done in a way that achieves personal financial security, maintains harmony, and achieves maximum value for the business.
Buy-Sell Agreements
A buy–sell agreement is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies or leaves the business, whether by force or by choice. A funded cross-purchase buy-sell plan utilizes life insurance to ensure that the arrangement is properly funded so that there will be money when the event is triggered.
