(303) 771-2727

Family-Owned Businesses

Advice for Family-Owned Businesses and High Net Worth Individuals

At Convergence CPA Group, we understand the highly-personal subtleties of owning and operating a family-owned business, where finances are often interwoven with family cash flow and lifestyle. The family-owned business usually represents a large share of the family’s net worth and security, which can result in a unique and sometimes volatile mix of business and personal. Because of these dynamics, each generation of the family should feel comfortable with their CPA firm and have complete trust in their tax and financial advisors.

We develop this level of trust by getting to know both your family members and their individual goals and financial aspirations and your general business operations. We assist our family-owned business clients with every phase of the business life cycle, from formation and choice of an appropriate entity, through expansions and acquisitions, to succession planning and planning for transitions and sales. Should an unusual issue arise, we have a large network of outside experts, including attorneys, insurance advisors, investment advisors, appraisers, and other family wealth specialists in addition to our Metro Denver CPA practice, and through the personal relationship we’ve developed with you and your family, we will ensure that our network follows through and resolves these issues to your satisfaction.

Our Goal

Preserve the Wealth You Have Spent a Lifetime to Build

Our goal is to help our clients preserve the wealth they have spent a lifetime to build. We work with you to develop a plan to preserve, enjoy, protect, and pass on your wealth.

Our Services

Income tax planning and compliance services

Wealth transfer and estate/trust planning

Financial and investment planning

Equity and deferred compensation plans

Planning for stock options, including restricted, incentive, nonqualified, phantom and §83(b) election

Profits interests from partnerships and LLC’s

Succession planning

Education planning

Insurance, risk analysis, and personal liability protection

Charitable gift planning

Multi-generational planning

Private foundations


Personal CFO, Accounting, and Bookkeeping

Another way that Convergence CPA Group tailors our services to more exactly meet our clients’ needs is through personalized and limited service packages. In many instances, our family-owned business clients do not require a full-time accounting staff, or they may simply need help keeping their personal finances in order. To meet this specific set of needs, Convergence CPA Group also provides expert CFO, accounting and bookkeeping services. These services range from basic to all-inclusive and are popular with many of our clients who either cannot justify the cost of a full-time accounting function or who do not want the headache of hiring, training, and retaining their own accounting staff.

Our Accounting Services

Your personalized accounting plan may include the following services.

Monthly or quarterly financial statements

Cash receipts and deposits

Bill payment

Bank and credit card reconciliations

Payroll processing

Fixed asset maintenance

Journal entries

Contract compliance including loans, leases, and royalties

Sales and property tax filings

Our Value-Based Services

Contact us today to discuss how we deliver significant tax savings and value-based services to our Family Businesses and High Net Worth clients.