ILMA Compoundings May 2018 - 41

transaction and implemented afterward. Each wealth-planning strategy requires the coordination of financial advisors,
legal counsel and accounting professionals and adequate
preparation time.
Successful business owners understand that selling their
business does not end their business career, but only marks
the beginning of the next chapter. Many find that they are
not ready to retire and might set their sights on new endeavors, which could include continued involvement in their
"old business," another for-profit business or philanthropic
causes. Regardless of the post-sale pursuit, if the sale has been
handled correctly, the old business has been transformed into
a new, well-capitalized business: an investment portfolio. Similar to all businesses, the business of portfolio management
needs to provide tax-efficient income and economic security
to the entrepreneur and his or her family.
Not unlike employing a highly competent chief financial officer, engaging a top-tier, well-credentialed financial
advisor is an important step in navigating the intricacies of
portfolio management. Recognizing that wealth planning is
a business in and of itself, and that it requires professional
guidance and education, will allow the successful business
owner to remain successful.
Patterson is a vice president with Owner Resource Group
Davis is a partner and chief investment officer with Round Table Wealth
Management.

You use it.
Calcium, Barium Sodium Sulfonates
Neutral, Overbased, Natural, Synthetic

Oxidized Waxes and Petrolatums
Various acid values, esters and soaps

Rust Preventive Packages
Calcium or barium sulfonate-based
Water displacing and water-emulsifiable

Emulsifier Packages
Soluble and semi-synthetic bases
For naphthenic and paraffinic base oils

Metalworking Processing Additives
Corrosion Inhibitors, amides, lubricity additives

Gelled Calcium Sulfonates
Oil, solvent and water soluble

We manufacture it.

ISO 9001-2008

4302 James P. Cole Boulevard, Flint MI 48505 * (810) 789-8330
customerservice@Lockhartchem.com * www.Lockhartchem.com

41


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Table of Contents for the Digital Edition of ILMA Compoundings May 2018

LETTER FROM THE CEO
INSIDE ILMA
Company Callout
WHAT’S COMING UP
NEW MEMBERS
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
SMOOTH TRANSITION
PERILOUSLY OBSOLETE
HARASSMENT IN THE WORKPLACE
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings May 2018 - Cover1
ILMA Compoundings May 2018 - Cover2
ILMA Compoundings May 2018 - 1
ILMA Compoundings May 2018 - 2
ILMA Compoundings May 2018 - LETTER FROM THE CEO
ILMA Compoundings May 2018 - INSIDE ILMA
ILMA Compoundings May 2018 - 5
ILMA Compoundings May 2018 - 6
ILMA Compoundings May 2018 - 7
ILMA Compoundings May 2018 - Company Callout
ILMA Compoundings May 2018 - 9
ILMA Compoundings May 2018 - WHAT’S COMING UP
ILMA Compoundings May 2018 - 11
ILMA Compoundings May 2018 - NEW MEMBERS
ILMA Compoundings May 2018 - 13
ILMA Compoundings May 2018 - INDUSTRY RUNDOWN
ILMA Compoundings May 2018 - 15
ILMA Compoundings May 2018 - 16
ILMA Compoundings May 2018 - In the Know
ILMA Compoundings May 2018 - International Insight
ILMA Compoundings May 2018 - 19
ILMA Compoundings May 2018 - Market Report
ILMA Compoundings May 2018 - 21
ILMA Compoundings May 2018 - SMOOTH TRANSITION
ILMA Compoundings May 2018 - 23
ILMA Compoundings May 2018 - 24
ILMA Compoundings May 2018 - 25
ILMA Compoundings May 2018 - 26
ILMA Compoundings May 2018 - 27
ILMA Compoundings May 2018 - 28
ILMA Compoundings May 2018 - 29
ILMA Compoundings May 2018 - PERILOUSLY OBSOLETE
ILMA Compoundings May 2018 - 31
ILMA Compoundings May 2018 - 32
ILMA Compoundings May 2018 - 33
ILMA Compoundings May 2018 - HARASSMENT IN THE WORKPLACE
ILMA Compoundings May 2018 - 35
ILMA Compoundings May 2018 - 36
ILMA Compoundings May 2018 - 37
ILMA Compoundings May 2018 - 38
ILMA Compoundings May 2018 - 39
ILMA Compoundings May 2018 - BUSINESS HUB
ILMA Compoundings May 2018 - 41
ILMA Compoundings May 2018 - COUNSEL COMPOUND
ILMA Compoundings May 2018 - 43
ILMA Compoundings May 2018 - 44
ILMA Compoundings May 2018 - 45
ILMA Compoundings May 2018 - 46
ILMA Compoundings May 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings May 2018 - Member Connections
ILMA Compoundings May 2018 - 49
ILMA Compoundings May 2018 - Cross Connections
ILMA Compoundings May 2018 - 51
ILMA Compoundings May 2018 - PORTRAIT
ILMA Compoundings May 2018 - Cover3
ILMA Compoundings May 2018 - Cover4
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