FirstCitizensWealth,2025 Bevond WealthReport for BusinessOwners
FirstCitizensWealthTable of contents3569MethodologyClickthrough to key takeawaysBusinessownershipExit planning and retirement15Businessworth17Businessownerprofile
FirstCitizensWealth.MethodologyFirst Citizens Wealth partnered with Logica Research to conduct thesecond iteration of the Beyond Wealth Reports,It uncovers new insights about the behaviors and atitudes of wealthyAmericans and business owners on money management, retirementand estate olanning. and business successionolanning222500 Business ownersThisstudy, the Beyond Wealth Reportfor BusinessOwners, focuses22.2with fewer than1,000employeson those wealthy Americans who are also business owners222and $500K+ in investable assetsA companion study,the Beyond Wealth Report for WealthyAmericans, focuses on findings and insights relat ed to wealthyAmericans-those with $500,000 or more in investable assets.Responses were collected through an online survey during Augustand Septemberof2025.
FirstCitizensWealth.More than profit: Purpose and persistenceThis year's Beyond Wealth Report for Business Owners highlights theMany are retoling operations, adjusting pricing, paying down debt atforces shaping business ownership in 2025--and how owners arehigherratesthan their peers and increasing retirement contributions tostre ngthen both business and personal fin ances,Owninga businesstoday mea ns managing complexity onmultiplefrontsOwners also re port having slightly more set aside for retirement than nonowners, butthey planto fully retirce later atage66-a fiull vearbevond theizacies and succession plans. Like otherwealthvbeers. That decision isn'tjust rooted in financial gain.Nearly al owners weAmericalmore than half of whom sav thev are"somewhat"or"'verv'gurveved this vwear--94%- affim that running a business is "worthit,"citing personal fulfilment and a sense of control as key factorsRunninga business h as alwavs been about more than profit -and whileweligh heavily on most Americans,uncertainty may shape the environment, t does not dictatethe outcome.While inflaowners faceShifts in govem ment policy, such asAsyou explore thefindings inthis year's Bevond Wealth Reportfora pidlychanging tariffs and rising interest rates. threate n to impact not onlyBusiness Owners, I invite you to recognize the challenges, resourcefulnesstheirpersonalbalance sheets but also their businessesWith foresight and vision, business own ers are continuing to turn today'sDespite these pressures, business owners remain notablypressures into tomorrow's opportunities.self-assured:54% say they 're confide nt in their fin ancialsituation,compared with just35% of non-owners. Thatconfidence isndtincidental-it's eamed throughaction.ReportAuthor&SeniorDirectorofWeathPlanning&Knowedge, FlrstCitizensWealth
First CitizensWealth.Click through to key takeawaysBusinessowners are stay ing the course by focusing on growth rather than exit plans, though doubts remain a b...
