Wealth Management
I work with entrepreneurs and families is to help them create, preserve, and transfer wealth through investment, legacy and business exit planning.
My investment planning is driven by the belief that tax efficient, risk managed portfolio strategies will best create and preserve client wealth over the long term. I believe that the best measure of a portfolio’s performance is: Does it meet the client’s intended purpose, e.g., a comfortable retirement?
It’s a given that estate tax reduction, or elimination, is a hallmark of an effective legacy plan. Our plans have saved hundreds of $millions in taxes for client families. But my approach to Legacy planning also reflects a conviction that a family’s legacy involves more than its assets and that financial wealth transfer should reflect an accountability for, a responsibility to, and the stewardship of, the family’s wealth. The objective is to advance and empower future generations rather than impact them negatively.
My efforts in business exit planning are rooted in the experience of seeing business owners, for want of a solid succession plan, fail to realize fair value when they sell, or die before monetizing their businesses, Wealth management in this context is about growing and preserving the businesses transferrable value, enabling a business owner to transfer the business to whom she or he wants, when she or he wants for what she or he wants.
Life Insurance Planning
My approach to life insurance is that it is problem solving tool—unlike any other—to be employed only when it is needed, or can enhance the effectiveness of other business or legacy planning strategies. My role is to bring clarity to the client, and his or her advisors, regarding its importance in that client’s particular planning situation; then to find the right product from the right company for that circumstance.
Long misunderstood, and more so today with a host of new ever more complex variations, expert guidance is more important than ever in understanding life insurance.