Business acumen may create wealth, but prudent investment is required to maintain it, let alone make it grow.
Holistic
Fundamental human needs do not vary greatly between the affluent and the wealthy. What varies is the complexity of their lives, the number and location of their assets, the scale of their liabilities, their personal and business commitments, their plans and their lifestyles. Making sure that nothing is left out of focus produces a higher quality picture.
Tailored To You
We like what we like. Ensuring that we have the freedom to spend our time as we choose, doing what we like with the ones we love is critically important. We protect, maintain and grow that freedom using our wealth plan.
Wealth Planning Overview
Our wealth planning process provides clients with peace of mind and control.
- Qualifies and quantifies what’s really important and provides a framework to achieve it
- Provides guidance on how much can be safely spent on lifestyle and leisure
- Gives piece of mind that family wealth will be managed optimally in all areas
- Ensures that wealth transfer to loved ones is maximized and taxes minimized
- Reduces risk
We hear your story. What brought you to where you are today. What’s important to you. What do you want. What do want to avoid. What do you want to achieve. What do you want to change. (We also ask you questions about money).
When you already have ‘enough’ to retire it becomes even more important to have objective goals that can be tracked. These goals may now no longer be financial. We establish a framework to make sure that you are consistently moving towards your goals.
Here we determine the best strategies to meet your individual goals, looking at them from every angle. We share our planning process with you and solicit any questions, concerns or shortcomings to ensure that everything is correctly aligned before moving on to execution.
Execution could mean any number of different things. In short, for us, it’s getting to work and building the structures and solutions that help our clients get what they want. A holistic and well produced wealth plan will involve the successful planning, execution and maintenance of a large number of solutions simultaneously.
All machines need maintenance. Your wealth plan, consisting of many different moving parts and components, needs to be maintained, sometimes repaired, and sometimes replaced. Our clients benefit from having a team of specialists on call to guarantee that there are no shortages, failures or downtime when it comes to your private and professional life.
Service Areas
Goal success probability analysis, goal tracking, stress testing, Monte Carlo simulations, spending and drawdown simulations, drawdown method planning and modelling, cash management strategy and needs analysis.
Life, critical illness, accident and liability protection planning, disability insurance, medical power of attorney agreements, shareholder buy-sell agreements, key-man insurance, insurance based estate and inheritance tax liability strategies.
Let us take one easy thing off of your to-do list.
Tax planning services for the primary country of residence and operation of the principal, principal’s family and main business.
Clients are increasingly global and sometimes have family and business interests at opposing sides of the globe which requires very careful and deliberate tax planning. Strategies look to reconcile differences in tax regimes across different jurisdictions, ensuring tax efficiency and compliance.
Personal and corporate bookkeeping, filing and reporting. For international families this can become a labyrinthine mess if not handled strategically and methodically. Avoid penalties and unnecessary tax overpayment by creating a robust accounting framework.
Inter vivos (during life) and post mortem (after death) wealth transfer planning will empower you to give more of your wealth to your beneficiaries at a reduced cost (probate, tax, legal). There is an extensive toolbox available to the modern wealth manager. Speak to your private wealth manager today to understand what tool might work best for you.
Many clients accumulated their wealth independently through business. Owning a private business means that you wear two hats; one as a business owner, and one as an individual. Each side of your identity must be catered to by a detailed financial plan. This is what differentiates you from others. A boilerplate financial plan for an individual will fall short of fulfilling the needs of a successful business owner.
Whether you are a founder, minority, or majority shareholder of a publicly traded, listed company you are a statistical anomaly in the context of the greater population. Speak to a wealth manager today to learn about what strategies other clients in your situation are employing to protect and maximize their stakes whilst remaining compliant of regulator and exchange rules.
We deal with a variety of asset classes and are well versed at managing risk at a granular level. We continuously monitor and manage intra-asset correlations, risk budgets and allocations while employing a ‘tactical overlay’ to take advantage of short-term market opportunities. We can also sit on top of portfolios managed externally and provide advisory and counsel services where required.
Client fleets are commonly comprised of vehicles, boats and aircraft. Considerations will vary depending on whether the asset is owned outright, fractionally or leased. Tax, usage requirements, purchase and sale require a nuanced understanding of fleet management. The same is also true for client collections. Client collections are usually art, but may be other rare or valuable items like books or wine.
We differentiate between homes and properties to separate out personal-use real estate from commercial and investment real estate. Investment real estate is monitored, appraised and modelled alongside our capital market and alternative investments. Family use properties are less actively managed by design, with the focus being on rights of usage between family members, maintenance, upkeep and staffing.
Pre-IPO, IPO, private and strategic sales. Inheritance. Settlements. Public figures (sports & entertainment) contracts.
If wealth planning is like building, then trusts, foundations and companies are the wood, bricks and stone. Speak to your wealth manager to request an audit of your current structures to see if there’s any work that needs to be done to maintain what you’ve built for the long run.
Asset backed loans, securitized loans, business and personal credit solutions, art finance, bridge loans, boat and plane financing.
Think ‘Butler with an MBA’. Our concierge service provides convenient lifestyle support services to our clients and their families. Speak to an adviser today to learn more about what we do for our clients.