Comprehensive Wealth Management Services
Our Wealth Management service delivers a comprehensive financial planning process that is collaborative, intimate, and ongoing. We support you in clarifying your goals and take responsibility to partner with you to implement your plan.
Financial Independence
Many of our clients are still accumulating wealth from their employment, business, or profession. All of our clients, however, are eager to know whether what they have already accumulated, or expect to acquire, is adequate to comfortably achieve all of their important goals. Through our comprehensive and rigorous process, we work to guide our clients towards sound, tax-efficient strategies for managing the complex interplay of the following considerations:
- Budgeted expenses and resulting savings program
- Whether to continue employment or business involvement or to “retire”
- Planning a sound post-work distribution strategy (taxable and tax-deferred)
- What investment returns to pursue and risks to accept
- The amount and timing of family and charitable gifts
Stock-Based Compensation
In addition to direct cash compensation, many of our clients have compensation in the form of stock options (ISOs and non-qualified) and restricted stock. While these stock-based compensation plans are potent sources of wealth accumulation, potential pitfalls include overconcentration in one stock and an overreliance on the success of one company.
Employer Retirement Plans
Many of our clients have access to company benefits programs which may include 401(k)s, deferred compensation, profit sharing and/or a pension plan. We help clients to integrate their company-provided benefits into their overall financial plan. If you are an employer or own a business, we can assist in selecting and implementing an appropriate retirement-plan solution.
Risk Management
We review all of the risks that our clients face including property loss, liability, health, and disability, and evaluate how best to manage these exposures. Often, clients are in a position to protect themselves from many of these risks. In other cases, insurance or some other structure is essential to avoid or mitigate the risk.
We have no vested interest in any particular insurance product or solution. Our clients can therefore depend on a thoroughly competent and unbiased assessment of their overall insurance portfolio, a combination difficult to find elsewhere.
Wealth Transfer
Our advisors are expert in the broad array of estate planning issues and opportunities, including the use of wills and trusts, optimal forms of property ownership, estate and gift taxes, philanthropy, and strategies for property transfer between spouses and through the generations of the client’s family.
Philanthropy
Many of our clients want to make a difference and have a positive impact during their lives – through volunteer work and charitable giving. Our comprehensive planning process helps clients identify and prioritize their willingness and capacity for making charitable contributions. We then create custom charitable-giving solutions to optimize the use of our clients’ financial resources while also using all available tax benefits.
Optimal gift structures might include donor-advised funds, supporting organizations, private or family foundations, direct cash or stock gifts, and a wide variety of charitable trusts such as charitable lead and charitable remainder trusts.
