With experience and success come media inquiries, appearances and the ability to make a difference in the Columbus and Cincinnati communities. Find out what we have been talking about, who has been talking about us and what we expect to be doing next.
IN THE NEWS
(Smart Business) Since 2014, the Columbus Smart 50 Awards recognize the top executives of the 50 smartest companies in the Central Ohio region for their ability to effectively build and lead successful organizations. Joel Guth and Gryphon Financial Partners were recently recognized as a 2020 Honoree.Read More
(Columbus CEO) The current economic situation—a worldwide pandemic, millions of job losses, a steep economic downturn and uncertainty about the future—is not the time to panic and change your long-term investment strategy, according to the experts.Read More
(Columbus Chamber of Commerce) As a comprehensive wealth management firm, we safeguard and protect personal wealth, retirement assets and business equity. We do this by offering a full range of services — from strategic asset allocation and detailed cash flow planning to tax efficient wealth transfer strategies and private investment opportunities.Read More
(NBC4.com) Salons, barbershops, spas and tattoo parlors have closed their doors in Ohio, and no one knows when they will reopen.
In a new order Wednesday, Ohio Governor Mike DeWine shut down those businesses in an effort to slow the spread of the coronavirus adding them to the list of bars, restaurants, gyms and movie theaters already shut down.
“The immediate impact is going to be extremely deep,” said Joel Guth, a financial expert with Gryphon Financial Partners in Columbus.Read More
(Barron’s) Congratulations to Joel Guth and Gryphon Financial Partners. Here are America’s best financial advisors, organized by state. The rankings are based on data provided by around 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.Read More
(CNBC.com) According to a 2019 Internet Security Threat Report br Symantec, cybercriminals are diversifying their targets and using stealthier methods to commit identity theft and fraud — and no one is immune. If you have a Social Security number, you are a target. As many as 1 in 10 people are now victims of identity fraud annually, with 21% of these individuals having been victimized multiple times.Read More
(Columbus CEO) Family business successions have many moving parts, not the least of which is the family itself, Guth says. That’s why parents and children must have ongoing and clear communication with one another so the third generation doesn’t feel duty-bound to carry on when that expectation doesn’t actually exist. “The last thing you want is to impact the family dynamic negatively, ” Guth says, “and that’s a complicated thing.”Read More
(AARP) Having the company professionally assessed can help you evaluate how its assets and liabilities line up, along with what prospective buyers might be willing to pay. “Get a qualified team of advisers,” Guth says. Professionals with experience preparing and selling companies can help you lessen risks and identify strategies to increase the sale price.Read More
(Expertise.com) The goal is to connect people with the best local experts. Expertise scored financial advisors on more than 25 variables across five categories, and analyzed the results to provide a hand-picked list of the best financial advisors in Columbus, OH.Read More
(Barron’s) Here are America’s best financial advisors, organized by state. The rankings are based on data provided by over 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.Read More
(ColumbusCEO) A business exit is a significant transition period that gives owners an opportunity to reflect on their own purpose. The exit itself is a time to celebrate successes while also strategically planning out personal and professional next steps. Ideally, entrepreneurs should start thinking about their exit strategy while they are growing their business and then get serious about exit planning three to five years before the anticipated sale.Read More
(ColumbusCEO) Baby boomers have never done anything in a small way and that will be the case again when they sell their businesses in the coming years. As much as $10 trillion of small business wealth could be transferred over the next 10 years by the same people who once made hula hoops all the rage, blue jeans an everyday fashion choice and dramatic social change a way of life.Read More
(Business First) Wall Street seems to have rallied pretty quickly from the market correction earlier this year, and – Wait, never mind. The market’s down again.
“The short-term corrections are more an emotional issue than a strategic issue,” Guth said. “The nature of markets is cyclical. We know the markets are going to go up and down.”Read More
Want to help business owners plan for retirement? In addition to financial expertise, you’ll need plenty of time, patience and empathy, says Joel Guth, president of Gryphon Financial Partners in Columbus, Ohio. “Most owners think of their business as their bonus child,” Guth says. “They have spent 60 to 80 hours a week with their business for decades. Retirement planning is obviously about the financial aspect, but the emotional element for business owners can also be huge. For many, it’s like selling their baby.”Read More
Tips To Help You Make The Most Of Your Upcoming Liquidity Event
Joel Guth, CEO and Founder, of Gryphon Financial Partners has helped dozens of business owner clients with the planning needed to sell a business. In this episode of unsuitable, Joel will reveal how three simple questions can uncover your ideal course of action: when do you want to sell, to whom do you want to sell, and how much do you need to live the way you want after an exit?
Listen to this episode of unsuitable to learn:
- The key to a fulfilling life after you exit
- The pros and cons of different exit strategies
- The additional and ongoing expenses that many people don’t consider when thinking about retirement
The Conway Center for Family Business Educational Program
Having an advisory board can be an important tool in ensuring the success of family-owned businesses. From the Conway Center for Family Business, learn best practices and shared experiences from Rhett Ricart of Ricart Automotive, Bob Coco of Choice Properties and Joel Guth of Gryphon Financial Partners, all of whom have utilized outside advisors for their businesses and served on boards themselves.
GREENCAST Ignite Your Business® Podcast
Joel Guth, CEO and Founder, of Gryphon Financial Partners recently sat down with Kelly Borth of Greencrest for their Ignite Your Business® Podcast. The conversation covered Joel’s background, selling or transitioning a business, innovative investment tactics, and how entrepreneurs think differently about retirement.
When is the right time to give ownership shares of the family business to the next generation of leadership? Is merging with or acquiring another company the right way to take your company into the future?
Why private investments provide an attractive alternative to public markets.
NBC 4 – The Spectrum
Joel Guth, CEO and Founder, of Gryphon Financial Partners sat down with Colleen Marshall on The Spectrum for NBC 4 TV.
FOX 28 – Good Day Columbus
For many, it is important to involve the entire family in philanthropic giving. But where do you start? Learn how to involve the entire family in your giving program from our CEO, Founder Joel Guth, recently featured on Good Day Columbus.