Business Financial Group is a San Antonio-based financial consulting firm that was launched in January 1998 to provide customized guidance for all the financial needs of a business owner. Founders Kim Moore and Lynn Weirich, two longtime friends and business associates, believed their clients wanted customized, personal attention and would benefit from a multifaceted relationship.
The late 90’s were proving to be extremely dynamic times for financial consultants because of the changes in laws and distribution systems. Moreover, industry experts were sounding the death knell for personalized advice: They claimed consumers would undertake to educate themselves about options and begin “shopping” for the most convenient and least expensive products, never seeking professional advice. With a then-combined 25 years of helping families with insurance and investment needs, Kim and Lynn disagreed with that prognosis. They believed clients not only wanted customized, personal attention but also would benefit from having all financial matters handled by one firm they could trust.
They set out to create a holistic firm that would cover all the services a business client could need. The partners focused on gradually providing each of those services, starting with business succession planning and individual personal financial advice. Kim and Lynn then branched into assisting clients in providing medical insurance coverage and other group employee benefits for themselves and employees and, later, corporate retirement plans, which allow clients to support employees’ financial goals while building the client’s wealth.
In 2013, their initial dream of offering comprehensive services became a reality when BFG had the opportunity to add payroll processing and human resource management and consulting to its list of services.
The firm now serves both business and individual clients. The team helps business owners develop and maintain impactful, coordinated employee programs to help their employees plan for the future and helps individual clients develop financial and investment plans to fulfill their personal dreams.