The Psychology of Selling a Business (That Nobody Warns You About)

Selling your business is a financial event.But it's also an emotional one.Albert Fox, Managing Director & Financial Advisor at Morgan Stanley shares what happens after the exit……when founders have to navigate sudden wealth, behavioral biases, and the challenge of making smart decisions with life-changing amounts of money.We explore the psychology behind wealth, the mistakes that can quietly derail long-term financial success, and why protecting what you've built requires just as much intention as building it in the first place.Build Something Magnetic.Albert Fox is a Financial Advisor with the Wealth Management division of Morgan Stanley in Mount Laurel, NJ. The views expressed herein are those of the author and may not necessarily reflect the views of Morgan Stanley Smith Barney LLC, Member SIPC. www.sipc.org. Albert Fox may only transact business in states where he is registered or excluded or exempted from registration http://brokercheck.finra.org/Search/Search.aspx. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Albert Fox is not registered or excluded or exempt from registration. Past performance is no guarantee of future results.Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trusts, estate planning, charitable giving, philanthropic planning or other legal matters.Morgan Stanley Smith Barney LLC.  Member SIPC.      CRC 5712632  7/26