Category: Business Succession

Olson Wealth Group President and Founder, Sharon Olson, CFP®, CEPA, recently participated in the Mergers and Acquisitions Table of Experts panel discussion hosted by the Minneapolis/St. Paul Business Journal (MSPBJ). The discussion featured insights and perspectives from distinguished professionals, including representatives from Olson Wealth Group, Highland Bank, RSM, EisnerAmper, and Hellmuth & Johnson. As the President and Founder of Olson Wealth Group and

Women often “tend to be more deliberate in their decisions and look longer term, and end up more effectively making risk-return judgments” as a result, notes Sharon Olson, founder and president of Olson Wealth Group, a multi-family office in Bloomington, Minn. Olson’s company currently advises many multi-generation ultra-high-net-worth families, along with other private clients, on business succession

Congress recently passed new legislation to expand the Secure Act of 2019. The recent provisions are referred to as the Secure Act 2.0. Many of these provisions are effective as of this year, while some will not become effective until 2024 or even years later. The recent change includes tax incentives to encourage more employers

As you may know, Congress passed SECURE 2.0 as part of the fiscal 2023 spending package. This bipartisan retirement security legislation could present opportunities for your retirement savings strategy and incentivize you to save for retirement. The new law includes a number of provisions intended to benefit individuals as well as small business owners. We

Sharon Olson was recently featured on the podcast, Poised for Exit, hosted by Julie Keyes. The podcast features business owners and professionals who discuss topics, experiences, and lessons relevant to small businesses with actional steps. During her episode, Sharon talks about how she got her start as an entrepreneur at the ripe old age of 9 years old, when

The sale or transition of a business to new ownership is a complicated and fraught experience in any situation. Throw in the family dynamics of family-owned businesses, and things can get really complicated. At Olson Wealth Group, we work with many family businesses who are approaching a transition, and we believe from experience that taking

It’s sometimes referred to as “sudden wealth,” but more often than not, it’s been years in the making. Many business owners and entrepreneurs spend decades building their businesses, plowing their profits back into the business while living a rather modest lifestyle themselves. They don’t consider themselves wealthy by any means. Then, inevitably, the day approaches

Over the next several decades, the biggest and wealthiest generation in U.S. history will transfer roughly $30 trillion in assets to their Gen X and millennial children.(1) Is the next generation ready for this incredible shift in wealth?