Retirement of boomer business owners brings opportunity

01/11/2013 | (U.S.)

About 12 million baby boomers who own a business are approaching retirement, and they're likely to need help converting their businesses to cash and managing that wealth, Mark Miller writes. Most small-business owners have 80% to 90% of their wealth in their businesses, says John Leonetti, CEO of Pinnacle Equity Solutions. "It's a massive opportunity," Leonetti says. "These owners are getting older."

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