Deals & People July 27, 2010

Navix Offers a Way “Out” for Business Owners

Business owners looking to move on to a different life stage now have a new option.

 

Reported by

White Horse Advisors, LLC has unveiled a 14-step process for business value creation and exit planning.

The process, termed Navix by the Atlanta, Georgia-based firm, provides a framework for White Horse Advisors’ exit planning clients to chart a course for their business and personal goals.

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According to a press release, the 14-step process takes business owners from the initial determination of exit strategy, through risk management, tax and succession planning, and eventually to life after exit. 

“Exit planning is the conscious effort to grow your business in a manner that can efficiently convert ownership into personal financial freedom and confidence,” said Patrick Ungashick, president of White Horse Advisors. “In our experience, most business owners have more than half of their personal net worth tied up in the business and its supporting assets. Navix identifies and implements strategies designed to maximize business value and tax-efficiently extract that value for personal financial freedom.”

White Horse Advisors, LLC is an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors.

For more information on Navix, visit www.whitehorseadvisors.com.

Deals & People July 27, 2010

ETFChannel Comes Online

BNK Invest, Inc. has launched an exchange traded fund (ETF) research website. 

 

Reported by

The site, ETFChannel.com, says it is aimed at providing retail investors, along with small and large financial advisers, access to the types of data and tools that larger hedge funds and institutional players leverage to their advantage each and every day.” 

The announcement notes that the site “includes a number of ground-breaking features that allow investors to dig deeper into ETFs than ever before”, purporting to act as a “one-stop source for aggregated data on more than 800 ETFs”.  

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An ETF look-up on the site will provide investors with information about the fund’s net asset value, Average Broker Ratings, in-depth fund holdings, sector and country concentrations, as well as a current quote for the fund.   

According to a press release, another unique feature is the ETF Finder, a tool that the firm says allows investors to identify ETFs that hold certain stocks, as input by the user.  “For example, an investor looking to buy into a fund that holds stock in top consumer electronics companies can enter the symbols of several individual companies into the ETF Finder and discover unique ETFs that hold their desired stocks,” according to the press release. 

The site also analyzes trends in the ETF data to create Top Lists to help users, including the Most Heavily Shorted ETFs (with data from ShortSqueeze.com) and the Top Ranked ETFs by Average Broker Rating with data from Zacks Investment Research.  According to the firm, the most interesting Top List of all may be the “Unloved ETFs” List, those ETFs with at least six months of trading history, with the lowest total dollar amount traded in the last 20 trading sessions. Historically certain ETFs have been shut down due to low investor interest, according to the firm. 

BNK Invest, Inc. develops, owns and operates financial web sites which it says enable individual investors and financial advisers to “gain valuable insight into, and stay informed about the financial markets.” 

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