Individual and Family Wealth Management

Individuals who are no longer working know the value of protecting assets to ensure they maintain a steady income and don't outlive their money. Whether you're about to retire, just retired, sold your business, inherited wealth, or are responsible for managing family trusts, your prime concerns are likely preserving and growing your principal and generating tax-efficient income. At some point, you'll probably be considering intergenerational wealth transfer to children or other family members, establishing a foundation to further a favorite cause, or making a substantial donation to help a not-for-profit institution carry out its mission.

In developing a financial plan that addresses your unique needs at this point in your life, we would consider a number of important issues. One is how to most tax-efficiently withdraw money from your assets as income by tapping into the appropriate mix of qualified accounts and non-qualified accounts. Another is creating a diversified investment portfolio that helps reduce your exposure to the inherent risks of the marketplace. By striking the right balance among various asset classes, both within the equity markets and the alternative investment markets, we can build your portfolio with investments that help minimize risk and maximize the opportunity for growth while simultaneously generating income. A third issue is understanding the insurance that you may already own and recommending changes necessary to keep you from being over- or under-insured and maximize the coverage you get for the premium paid.

In developing this plan, we would follow our proven six-step process that enables us to fully understand your specific needs and goals and build solutions best suited to your situation. Read more about our six-step financial planning process.