Research indicates that, of the wealthy couples surveyed, 5 main concerns in managing their wealth exists*. These concerns are:
Wealth Preservation
Consulting on the best allocation of investments that meets their risk levels while still helping them towards reaching their goals**.
Efficient Tax Planning
Maximizing various tax strategies to legally lower their tax burden.
Estate Planning
Transferring wealth to family or loved ones.
Asset Protection
Protecting and safeguarding their wealth.
Strategic Charitable Giving
How to take advantage of various giving strategies that maximize the benefits for both the giver and receiver.
*Russ Alan Prince and David A. Geracioti, Cultivating the Middle-Class Millionaire, 2005.
**Asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment losses.