Enable Accessibility
×
Close
Personal Online Banking
All personal banking clients, please enter your online credentials here:
e‑Treasury Business Banking
Log in
Safeguarding your online banking sessions is our top priority. For information about how you can help protect your online banking sessions, or if you need additional assistance with your e-Treasury log-in, please contact Client Support at [email protected] or 855.274.2800.

Download our e-Treasury Secure Browser

Business Online Banking
If you need assistance, please contact Client Services at [email protected] or 855.274.2800.
e‑Treasury
Log in
Safeguarding your online banking sessions is our top priority. For information about how you can help protect your online banking sessions, or if you need additional assistance with your e-Treasury log-in, please contact TM Service at [email protected] or 212.575.8020.


Download our e-Treasury Secure Browser

Download the Sterling e-Treasury Token Client


Business Online Banking
If you need assistance, please contact Client Services at [email protected] or 855.274.2800

For optimal viewing experience, please use a supported browser such as Chrome or Edge

Download Edge Download Chrome

A Business Owner’s Primer for Wealth Management

Published on July 5, 2017 |

Joseph Geis, Program Manager for Wealth Management

You’ve built your business into a profitable operation. You provide for your family, take care of your employees, and have a clear vision for future growth. But what are you doing to manage your personal finances so they align with your long-term plans? Ask yourself these 11 questions to determine whether a structured wealth management plan could work for you. 

Business owners often struggle with the competing priorities of their work and personal lives, quickly realizing the day-to-day operations of the company consume most of their attention. A wealth manager can help you build a financial plan to bridge that gap by exploring your unique financial needs with questions like these:

  • What three words or concepts define your vision for tomorrow?
  • What are the three things you’re doing to stay true to your unique value proposition?
  • List three ways you manage your personal and business finances?
  • Name three ways your family is impacted by your business decisions?
  • Do you have an exit plan for retirement? Who can run the business as passionately and efficiently as you?
  • Did you pay too much in taxes last year?
  • Do you have a plan to protect your assets from the transfer tax system?
  • When is the last time you drew a salary for yourself?
  • What would happen if you suddenly couldn’t work? How would that impact your household income?
  • Describe three things you do to relieve the stress of running your business?
  • What keeps you up at night?

3 Characteristics of an Effective Wealth Manager

  1. Consultative. Exhibits a strong desire to understand your unique circumstances and strives to know your business and to work in tandem to find solutions that align with your strategy.
  2. Innovative. Ditches the one-size-fits-all mentality, and works without presuppositions as to the financial products or services that are appropriate for you.
  3. Resourceful. Has a team of professionals ready to offer a robust suite of financial planning products and services.

Related Resources

Personal BankingArticles
Understanding Overdrafts: Your Guide to Managing Your Finances Responsibly
Here are some helpful tips and information to educate you about how overdrafts work, how they can occur, and how to avoid them. What is an Overdraft? An overdraft occurs when you don’t have enough money in your account to cover a transaction, but the bank chooses to pay the transaction anyway. Why Does an […]
Personal BankingArticles
Five ways to make saving easy and automatic
When it comes to savings, studies show that once we start setting money aside, chances are we’ll leave it there. The hard part is getting started. So how can we get ourselves to save in the first place? Automate! By having money set aside automatically, we eliminate having to make the “choice” to save it. […]
Personal BankingArticles
The Ins and Outs of Financing an In-Law Apartment
Are the folks moving in to spend more time with the grandkids? Or perhaps they’re nearing the point where they need more care? Or maybe the opposite is true and it’s the kids returning to the nest? Whatever the reason, you’re in good company. Almost 1 in 5 Americans lives in a multigenerational household – […]
Connect With Us
Learn more about Webster products, services and the communities we serve.
We’d love your feedback
×