Private Client Services

Financial Planning

Wealthy families and individuals often grapple with a variety of conflicting goals when making wealth management decisions. Frequently, clients come to us with financial planning questions because something has happened. A business has been sold, vested stock options have been exercised, wealth has been inherited, or retirement is imminent. Events like these can change one's financial views and even alter one's goals.

Regardless of why a client needs a financial plan, we understand that there are emotional as well as financial aspects to the decisions we help our clients make. With that in mind, we approach financial planning on several levels by:

Working with each client, and, if desired, with his or her other professional advisors-to develop a comprehensive wealth management plan.
Continuously monitoring all investment plans and results, adjusting them when necessary.

Most important, we recognize that planning decisions must be dynamic, subject to evolution as clients grow older, as children reach adulthood, and as circumstances or the markets change.

Our personalized approach to wealth management helps to answer the complex questions that come with wealth and ensures that each client's financial plan meets his or her specific needs.

Comprehensive financial planning includes:

Cash flow and financial position analysis, which summarizes and assesses your income and expenses, key budgeting issues and your cash reserves for emergencies or future opportunities;

Funding specific accumulation goals, such as educating children or grandchildren, or purchasing a vacation home, through the development of an appropriate investment strategy based on your specific time frames and risk tolerance;

Income tax planning, including the identification of appropriate tax savings strategies that may be available in your situation;

Retirement Planning, focused on evaluating needs and developing strategies for both the accumulation and distribution phases of your life;

Risk management, which involves identifying potential risks, such as a loss of health, property, income or life; and developing appropriate strategies for protecting against these risks; and

Estate planning and wealth preservation, including the development of estate organization and distribution strategies that seek to assure that your wealth is preserved and passed efficiently and cost-effectively to the people or organizations you want, at the time you want, and in the manner you want