Examples: 

• We met two young doctors several years ago who put all of their savings into high-cost insurance policies. We recommended a new savings allocation strategy that included terminating the current insurance policies, buying term insurance, starting education savings accounts for their young children, and increasing retirement savings. With this plan, these clients are reaching their goals much faster and more efficiently. 
• We met a young couple who were dissatisfied with the investment allocation plan their broker had recommended to them. After more discussion and discovery, we helped them move their investments into a more aggressive allocation to enhance long-term return potential. 

This centers around educating our clients, whether this is teaching them about financial planning before/after receiving an inheritance, showing and explaining complex estate planning and wealth transfer techniques, and meeting with the next generation to help develop what family stewardship means to them and how a successful financial life looks.

Examples:

• We met with an individual who recently inherited an unexpected sum of money. Since we started working with them, we have discussed and educated them on several financial planning topics such as investment planning, risk management, planning for their descendants, and planning for retirement.
• We work with clients who have large estates that need help planning for future generations while coordinating with their personal financial and charitable goals. This often includes building out and updating their complex estate plans to create Generation-Skipping-Tax (GST) Exempt Trusts and helping them fund and create an investment policy that will benefit generations to come.

This could be business owners that have sold or are looking to sell their companies or employees that participated in a company or private equity fund’s liquidity event.

Examples:

We met with an individual working for a private equity fund’s portfolio company that had recently been sold in an all-cash deal. This drastically changed their net worth, and we were able to work on a strategic long-term investment plan incorporating private markets that ensured this individual’s life goals could be fulfilled. Given this change in net worth, we also helped them work through new insurance and estate planning needs that were not in place before the company’s sale.

We met an individual who knew that they would be selling their family business in the coming years. We worked with this individual to plan out what the goals of the sale were, which led to us confirming that family members were content with the planned liquidation and that there was no viable successor within the family or the company. Throughout the process, we discussed estate planning techniques to transfer wealth to the next generations and protect this family’s legacy. The client received a minority stake in the company, so we helped them diversify their overall investment portfolio with private and public market investments to help reach both personal and family goals.