BUILDING YOUR
WEALTH STRATEGY
As we build our advisor relationship with you, our focus remains on you, and on helping resolve complex issues within the following four life planning components:
Each component is addressed when – and if – it plays an integral role in your life. We help you balance and identify changing needs within your career and creative aspirations, charitable goals, family sharing time, and social and leisure activities. When changes are warranted, we help ensure smooth transitions: for you, or for multiple generations and branches within your family.
Enhancing Wealth
For managing your financial portfolio, we offer a prudent approach based on our fiduciary relationship with you as your trusted investment advisor.
We have a legal responsibility to act in your best interests – and we take that responsibility very seriously.
We tailor your portfolio’s level of risk according to your personal preferences, goals and circumstances. In addition, we assist with appropriate asset location between taxable versus tax-advantaged accounts.
We apply these techniques for individual investor, retirement plan sponsor and institutional client relationships alike.
Seeking to Protect Wealth
Your financial goals may span a lifetime, or even generations. Preparing for unexpected events can help keep your long-term strategy on track. Once we’ve defined your objectives, we work with you to identify potential risks to your financial plan and explore ways to help address them.
Our approach to seeking to protect your wealth is thoughtful, deliberate and tailored to your circumstances. Planning comes first, with consideration of taxes, inflation, market fluctuations, privacy and security concerns, potential legal claims, property and casualty losses, business continuity, and your legacy goals.
We then work with you and, as appropriate, your tax and legal professionals to evaluate strategies, documents and procedures that may help manage those risks. Insurance and related tools may also play a role when they address a clearly defined need within your overall plan.
Transferring Wealth
While many identify leaving a legacy as among their most important life goals, research from The Williams Group, indicates that only about one-third of wealth transfers succeed after transition! Equally interesting, a common trait among those who succeed is the ability to sustain a smooth and open flow of internal communications among family members. (Source: The Williams Group, thewilliamsgroup.org)
That’s why we have the resources in place to assist with financial management and estate planning details, but we also offer guidance on the critical personal dynamics that may represent the key to success in multigenerational wealth transition.
Donating Wealth
The true value of philanthropy lies in the meaning it brings to those both giving and receiving. For example:
A pleasant by-product for a family engaged in charitable pursuits appears to be the value it adds to effective communication of family values among generations. (Source: The Williams Group, thewilliamsgroup.org)
Ongoing legislative reform may afford existing and new opportunities for charitable giving to play an increasing role within your tax planning efforts. Keeping up with the latest regulations in this area can add value to your charitable pursuits. If your goals include a philanthropic component, we carefully integrate it within your overall strategy.
The tax and estate planning information offered by the advisor is general in nature. It is provided for informational purposes only and should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.