Prudent financial guidance for affluent families
Our professionals help families address the many financial matters they face, balancing today’s needs with the goals of tomorrow. There are college educations to be funded and insurance plans to be made for protecting your family, your income and your property. Whatever the need, we’ll be here for you as your family builds, grows and evolves into future generations.
Often times, family wealth is concentrated in a single stock received through inheritance or a successful business career. We design strategies to hedge, monetize, diversify or transfer assets, while mitigating tax implications. Another risk to wealth is the erosion of investment gains due to taxes. Our knowledge of tax-advantaged investments and the tax impact of specific transactions can help you keep more of what you’ve earned.
The heads of families are also highly interested in leaving a legacy for their children, grandchildren and community organizations they support. We design strategies to not only provide for those you care about, but also potentially generate personal tax benefits and further your overall wealth management plans.
Many of the successful and hardworking families we serve represent first-generation wealth. Our goal is to help them prepare their heirs for the money versus just preparing the money for their heirs.
We work hard to open up the conversation with our clients by asking goal-oriented questions such as: What is important to you? Do you talk about money with your children? Do you discuss how you made your money with your children? What does wealth mean to you? What does it mean to your children?
Using this knowledge, our team is able to implement age-appropriate education plans for our clients’ children and grandchildren. We will communicate frequently regarding various topics, from general budgeting to setting up a savings account. It helps give our clients more confidence about passing money down to the next generation of their family. Once their children reach adulthood, a large number become our individual clients, as well.
Our mission is to serve as your family’s financial advisors for life, handling all matters related to managing and preserving your wealth, and building your legacy – so you are free to focus on enjoying your life and the people important to it. As of December 2015, our average existing client family tenure is over 16 years.
Changes in tax laws may occur at any time and could have a substantial impact upon each person’s situation. Investors should consult a tax professional for tax advice specific to their situation.