We believe simplicity improves your life, and we do not conflate wealth with complexity. However, there are some parts of the investment process where our customized approach can be particularly impactful for high net worth investors.
We focus on the capital performance of your investments and the dividends and interest they pay. Careful attention is given to minimizing taxes. Our financial advisors help clients think about their investments like a business that pays them income every quarter.
Taxation is an important issue, and we focus on minimizing it for our clients. Tax mitigation strategies are implemented on your accounts from the start of the investment process. In addition, we work closely with accountants to help navigate often complicated and unclear taxes that may apply to your investments - whether they are of immediate importance or something to be considered down the line.
This service can be of particular help to business owners, who often must navigate a complicated and ever-changing tax system. Whether it is regarding day-to-day operations or creating a plan to unwind or sell a business, we have advisors with vast experience in this area who can help business owners design an efficient strategy and find clarity amid complexity.
We provide expertise and assistance to high net worth investors beyond just investment management and asset allocation. These include managing required minimum distributions (RMDs), college savings planning, cash flow planning and budgeting, risk mitigation, eventual capital disbursement - whether via inheritance or charitable giving, and more.
As a high net worth investor, our low fees may be one of the most important pieces of the service we provide. Beyond just AUM (assets under management) fees, many firms tack on a variety of other fees that can chip away at your wealth. You can see many of the fees charged by the financial industry here.
For investors interested in environmental investing, we have a dedicated solution. Learn more here.
Estate Planning: Generation-Skipping Tax
High Net Worth Investors
Like many things in the tax code, what once was an opportunity to avoid tax (gifting assets to other generations to avoid paying additional estate taxes) has been replaced with a tax.
Estate Planning: Federal Estate Taxes
High Net Worth Investors
It’s essential to design your estate plan around relevant estate tax, inheritance tax, and gift tax rules. You may be exposed to the estate, inheritance, gift tax, or generation skipping tax depending on your circumstances.
Estate Planning: State Estate Taxes
High Net Worth Investors
Even if you don’t think Federal estate tax will apply, you may still be exposed to state estate or inheritance taxes. Each state has specific rules around estate and inheritance taxes.
Using a Donor-Advised Fund vs a Private Foundation
High Net Worth Investors
Donor-advised funds (DAFs) and private foundations are both charitable giving vehicles that help people facilitate their philanthropic goals. However, with different structures, rules, and features, donor-advised funds and private foundations each come with unique advantages and limitations.
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