Honeycutt, Smith & Associates specializes in business succession and estate planning. We formed the firm fifteen years ago when we recognized that there was a significant need for planning expertise for business owners.
Over the past few years we have spoken with a number of business owners who were ready to leave their businesses, but had no willing buyers with adequate capital. These owners had done little planning and found themselves with no way to accomplish their exit objectives. Put simply, it was too late! We have adopted a seven-step process that helps to ensure the business owner maximizes what they can take from their business while minimizing the tax consequences.
We work with a team of advisors who embrace a systematic approach to ensure a successful transition from your business. We help you crystallize your objectives and implement a plan to pursue them. Our process also addresses additional objectives like business continuation, family concerns, or retention of long-term employees. Our team approach can avert the high cost of failing to plan and strive to implement a successful transition.
Paul E. Honeycutt, CFP®
Paul is a CERTIFIED FINANCIAL PLANNER™ Practitioner with Honeycutt, Smith & Associates. He specializes in Estate, Retirement, and Business Succession Planning for business owners and high-net-worth individuals.
Paul holds a B.S. degree in Business and graduated with honors from the University of Virginia. He has an M.S. degree in Systems Management and also graduated with honors from the University of Southern California. He is a past president of the San Diego Chapter of the Financial Planning Association, as well as a member of the Planned Giving Roundtable. He has been featured in a PBS special entitled, "The Financial Advisors". Paul is active in the Million-Dollar Roundtable and is a former U.S. Navy Top Gun pilot.
Ronald F. Smith, CLU, ChFC
Ron is a Chartered Financial Consultant with Honeycutt, Smith & Associates. Ron has 51 years' experience in the financial services industry and has served in both Field and Home Office Management capacity. He holds the Chartered Life Underwriter's and Chartered Financial Consultant's designations and specializes in Business Succession, Estate, Retirement, and Charitable Giving plan design.
Ron is a published author and a national authority on the use of visuals for effective communication. A five-year member of the Board of Directors of the San Diego Association of Life Underwriters, his professional memberships also includes the Society of Financial Service Professionals, the Planned Giving Roundtable, and is an emeritus member of the Estate Planning Council.
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