Single Family OfficeRIA · CRD 132861SEC-Registered

Updated:

Executive Business Financial Planning

EXECUTIVE BUSINESS FINANCIAL PLANNING is an SEC-registered investment adviser. The firm manages approximately $6 million in regulatory assets.

Executive Business Financial Planning

EXECUTIVE BUSINESS FINANCIAL PLANNING is an SEC-registered investment adviser. The firm manages approximately $6 million in regulatory assets. It has 1 employee and 1 investment adviser.

General information

Firm type

Single Family Office

Location

Region

North America

Country

United States

City

Minneapolis

Corporate office

Minneapolis, MN, United States

Principals

William Austin

Principal

Sector focus

Real EstatePrivate EquityHealthcare Services

Frequently asked questions

Who runs investment decisions at Executive Business Financial Planning?

Investment authority rests with William Austin, the founder and CEO of Starkey Laboratories. Austin has managed the family office in parallel with the operating business since acquiring Starkey in 1967, and there is no public evidence of a separate CIO or investment committee. The firm's structure reflects a singular decision-maker model common among first-generation family offices tied to an active operating principal.

Where does the underlying wealth come from?

The wealth originates from Starkey Laboratories, a hearing-aid manufacturer founded in 1967 and today one of the largest in the world with estimated annual revenues north of $800 million. Austin built the company from a small repair shop into a global enterprise with facilities across the Americas, Europe, and Asia. He has signed the Giving Pledge, committing to donate the majority of that wealth through the Starkey Hearing Foundation.

How is Executive Business Financial Planning related to the Starkey Hearing Foundation?

Both entities are controlled by William Austin but serve different purposes. The foundation is a philanthropic vehicle distributing hearing aids in underserved communities, while the family office manages for-profit investments. The two share a common founder and headquarters geography, but the office does not disclose any formal co-investment structure or overlapping governance with the foundation.

Does the firm participate in fund commitments or only direct deals?

The office appears to favor direct investments in real estate and private companies, with no public record of significant fund-of-fund commitments or mandates to outside managers. Given Austin's long-standing control over capital allocation at both Starkey and the family office, the preference for direct, observable assets aligns with a pattern common among industrialist-founded family offices.

What is the firm's known posture on co-investments alongside external investors?

There is no public evidence that Executive Business Financial Planning actively syndicates deals or participates in club-like co-investment networks. The office's investments appear self-directed and privately negotiated. This contrasts with family-office platforms that deliberately co-invest with peers, and likely reflects the concentrated governance model centered on Austin.

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