FAMILY Wealth MANAGEMENT SERVICES

 

              Portfolio management: portfolios are managed to meet the family’s goals and objectives within their risk boundaries;  investment strategies are carried out according to a written investment policy prepared for the family by the Firm;

                             Income tax planning and compliance: proactive planning is provided considering all aspects of the family’s financial position;  asset management decisions are made with tax considerations in mind; we will assist in calculating quarterly estimated payments and coordinate with your tax professional;

                             Wealth succession planning: comprehensive estate planning is carried out drawing on the Firm’s experiences with other wealthy families; we will coordinate with your estate attorney or recommend professionals from among those we have worked with;

                             Family philanthropy: charitable giving is coordinated to meet the Family’s goals using a variety of instruments to maximize charitable intent; the philanthropic plan is prepared considering income and estate tax consequences and the family’s multi-generation planning;

                             Risk management: the family’s risk profile is considered on a global basis in determining that adequate insurance in place—life, property and casualty, disability, long-term care—all within the context of the family’s need;

                             Accounting and record keeping: financial position, income and expenses, and cash flows are reported on a comprehensive, consolidated basis;

                             Ancillary management services: real estate management (commercial, residential and vacation homes), risk management (assessment of life, property and casualty insurance needs and costs), personal and administrative services are provided as part of the comprehensive review of the family’s financial situation.

                                                                   

These services, which cover diverse disciplines, may not all be provided by the Firm; however whether provided by others, or ourselves, we believe it is imperative that they be coordinated between the various providers.  This comprehensive, coordinated approach improves the likelihood that overall goals are reached and family wealth maximized.