Wealth Management

Congratulations! You’re doing it!

You’ve reached a point where your assets exceed the annual revenue of most small business around the world.

You are running your very own Money Business. But do you really want a full-time job managing your finances and constantly worrying about how markets, economics, and tax laws might impact your future?

Maybe your financial life is complex – after all, nothing good comes easy.

Maybe you’ve accumulated more than $1,000,000 and need comprehensive financial planning that integrates tax strategies and investment management.

Or maybe it’s a combination of factors: you want to manage your own investments but need expert support with everything else.

Wealth Management Includes:

  • Financial Projections – You need answers about the kind of foundation today’s decisions are building. The more you have, the more costly uninformed decisions can become. How do you make sure you are setting your future self – and your family – up for success while maintaining flexibility? Projections help you understand the potential long-term ramifications of today’s decisions and support more informed financial choices that reflect the complexities of your personal situation.

     

Avoid costly mistakes with informed, forward-looking decisions.

  • Integrated Smart Planning – Tax Planning helps reduce the amount of wealth loss to income taxes over your lifetime and minimizes the tax burden you may leave to your heirs. Many people think tax planning is about reducing the taxes owed on your next annual tax return. However, not all tax deductions are created equal. In many cases, deductions simply defer taxes to a later time. Smart Planning helps clients make more informed decisions by identifying the long-term tradeoffs of today’s tax strategies. Rather than creating tax minefields that could sabotage you and your heirs, Smart Planning clarifies the intent behind specific tax strategies and if they are the right fit for you.

Reduce taxes now and for future generations.

  • Proactive Investment Guidance – Your investments need to work for you. Like any good boss, you need clear, realistic standards and expectations for the job at hand. Stop allowing your investments to dictate your life. Instead, seek guidance that aligns with and enhances your overall financial goals. Whether you need investment advice, investment management, or a combination thereof, we believe that a well-designed investment plan should be rooted in your broader financial planning.

Investments aligned with your goals, not market noise.

  • Risk Assessments – What happens if the markets crash? What if there is a premature death? What if one of your children or grandchildren is disabled? What if inflation is out of control for the next 20 years? What if one of your kids needs a loan to start a business but doesn’t pay you back? Wealth Management helps develop strategies to address these issues and more.

Protect your wealth from life’s unexpected challenges.

  • Estate Planning – Estate planning includes developing a customized plan for your family and coordinating with a qualified attorney to ensure you get the legal documents you need, while being practical and effective. Financial planning is about your life. Legal documents are about creating rules. We think you should start by focusing on your life and the legacy you want to leave, and the practical steps to get there, before you have an attorney write the rulebook.

 Craft a legacy that reflects your values and vision.

  • Personalized What-If and Strategy Sessions – Life doesn’t have a playbook. Your story is likely to be different from anyone else’s. What-if and strategy sessions help you weigh the potential ramifications of decisions before you take your next leap forward. What if you buy a vacation property? What if you have to financially support an aging family member? What if you want to financially support a child? What if you want to initiate a substantial philanthropic or family gifting plan? What if you relocate your primary residence to a new state to take advantage of income or inheritance tax rates? Our Wealth Management programs help you understand the potential lifetime impact of your decisions, and what you may want to consider before you make your next move.

 Evaluate big decisions before making your next move.

  • Stress-Testing – The most common type of financial projection is a linear projection, which is a straightforward forecasting model where future values are expected to follow a consistent, straight-line trend. For example, market returns will be 8% per year. But what happens if returns are above or below their expected results? What happens if the average changes or there are a series of really bad years? Stress-Testing allows us to examine projections alongside corresponding what-if scenarios, helping establish a more realistic range of outcomes. This illustrates the likelihood of a financial decision resulting in positive or negative consequences. As the old proverb says, “hope for the best and plan for the worst.”

 Plan for volatility, not just best-case scenarios.