Comprehensive Wealth Management
Comprehensive Wealth Management is the integration of your values and goals with financial strategies and assets.
Comprehensive Wealth Management begins with understanding the relationship between your life and money. This is based on your values and goals for yourself, your family, your business and your community. Your goals then serves as a foundation from which your financial strategies and assets are built. This foundation provides you with clear direction when making financial decisions and ensures that your plan and your goals are connected.
Lifestyle planning, asset management, estate planning and tax planning are all elements of comprehensive wealth management. Each component plays a critical role in building your financial plan.
Estate Planning is the process of transferring one’s wealth during one’s lifetime or at death. At the time of death, there are three potential beneficiaries for your life’s work:
Estate planning allows us to identify choices and model the outcomes of these choices so you can decide the allocation among these three beneficiaries. Working with our clients and their existing tax and legal advisors, we will structure an estate plan that is connected to your goals for you, your family and others.
Every financial issue and financial transaction has a tax element. The only question is, is anyone watching? Efficient tax work requires expertise, planning and ongoing management. It requires a proactive strategy and then diligence on a day-to-day basis to manage the never-ending tax issues that people face.
Effective tax planning is critical when dealing with high net worth and high income clients. Our team of experts will assess your resources, capital, income and estate to assure they are structured efficiently to minimize the tax you pay. It is our belief that the people managing your financial assets must be actively involved with the ongoing management of tax.
In my experience, the greatest opportunity for creating value for our clients lies at the tax level.