$30 Million Net Worth Lifestyle Sustenance — PillarWM

Investors who enjoy a $30 million net worth lifestyle are in a prime position to do things that most others would consider to be impossible. They can invest in up-and-coming industries, explore the world, or simply kick back and spend their wealth in different ways. Such individuals may have worked hard to build up their wealth over years and decades. However, they must still find ways to protect their wealth and investments if they wish to sustain their lifestyle into the future. Lots of investors with a $30 million net worth turn to wealth management firms for help with wealth protection. At Pillar Wealth Management, we provide wealth management services for investors that have $5 million to $500 million in liquid investment assets. Such investors can learn about some of our specialized strategies by requesting a copy of our book 7 Secrets To High Net Worth Investment Management, Estate, Tax, and Financial Planning.

7 Secrets minified
STRATEGIES FOR FAMILIES WORTH $5 MILLION TO $500 MILLION

7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning


The insights you’ll discover from our published book will help you integrate a variety of wealth management tools with financial planning, providing guidance for your future security alongside complex financial strategies, so your human and financial capital will both flourish.

Clients frequently share with us how the knowledge gained from this book helped provide them tremendous clarity, shattering industry-pitched ideologies, while offering insight and direction in making such important financial decisions.

Understanding the $30 Million Net Worth

If you have managed to attain a net worth of $30 million or more, congratulations! This makes you one of the 70,000 Americans that have such a high net worth. Still, you may be wondering, “Is a net worth of $30 million an ultra-high net worth?” While no legal standard defines the boundary between high and ultra-high net worth, many financial experts consider $30 million to be the minimum for ultra-high net worth individuals. Learn more about the $30 million net worth lifestyle by speaking with one of our wealth managers.

What Investors With a $30 Million Net Worth Lifestyle Should Know

Possessing an ultra-high net worth means you are unlikely to go bankrupt anytime soon. However, investors that wish to protect and sustain their $30 million lifestyles should be aware of certain challenges that lie ahead. These include:

Meeting Your Portfolio Goals

Being able to invest wherever you please may not necessarily guarantee that you meet your investment goals. For example, many investors wish to diversify their portfolios by acquiring a wide variety of assets spread across multiple industries. However, this creates the challenge of knowing where to invest.

The more diverse your investment interests are, the less likely it is that you will possess in-depth expertise in each market or industry. Populating your portfolio with less optimal investments can negatively impact your portfolio performance. This makes it vital for investors to seek help with this task. You can learn some strategies to improve your portfolio performance by reading our special performance guide.

Managing Your Assets

Ultra-high net worth investors with large portfolios may also have trouble keeping track of their assets. This is a natural downside of having more assets than you can keep track of. Such portfolios are difficult to monitor, which can lead to disaster in the future.

Investors must stay up-to-date with each asset’s performance if they wish to ensure their portfolio is performing optimally. However, they may be focused on other wealth-building or protection tasks. Investors with $5 million or more in assets can learn about some of our own investment management strategies by reading our guide.

Planning for a Sustainable Retirement

Attaining a $30 million net worth typically requires a fair amount of long-term planning. This means ultra-high net worth investors usually possess some experience with financial planning. These investors will also need to put effort into planning their retirement.

Possessing a large net worth means you aren’t likely to go bankrupt during retirement. However, if you aren’t actively earning income anymore, you may need to downgrade your lifestyle to make your $30 million net worth savings last as long as possible. Many investors aren’t prepared to give up on the comforts and luxuries they have grown accustomed to. Therefore, they need to plan for their retirement well in advance. We talk about key retirement planning strategies for investors in our special guide.

Leaving Wealth For Your Family

Many investors are driven to grow and protect their wealth so that they can provide a comfortable life for their family. These investors should also consider how they will distribute their wealth to their children and beneficiaries following their passing. Please speak with our expert wealth managers to learn more about the estate planning process.

The truth is that the wealth distribution process can be needlessly complicated if investors do not plan for it beforehand. For any investor who passes away without a will, their wealthwill be distributed by the slow and often costly legal system. This creates unnecessary delays and introduces the risk of your family members not receiving the amount of the wealth you intended for them to receive. Investors can learn more about protecting their wealth by requesting a copy of our book The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies For Families Worth $25 Million To $500 Million.

Becoming More Tax Efficient

No investor is fond of paying their taxes. They may assign accountants or bookkeepers to help them with this task so that they can avoid thinking about it. However, it is vital for investors to pay careful attention to the taxes they pay on each of their assets and income sources.

The truth is that most investors are paying much higher taxes than needed. There are a variety of strategies out there to help investors. We discuss the importance of estate planning in more detail in our special guide for investors with $10 million or more.

$30 million net worth lifestyle

How a Wealth Manager Can Help $30 Million Net Worth Investors

You may be wondering, “What’s the best way to live off 30 million dollars?” There is no simple answer to this wealth-related question as each investor has their own lifestyle and goals to achieve while protecting their wealth. If you want to know, “How do I protect my $30 million?”,the best strategy is to seek expert assistance from a professional such as a wealth manager.

Wealth managers are a special type of financial advisor. They cater exclusively to individuals with a high or ultra-high net worth and can assist them with protecting and growing their wealth. Wealth managers offer numerous services to help investors with specific financial goals. Some of these services include:

• Portfolio analysis

• Asset management

• Retirement planning

• Estate planning

• Tax planning

Portfolio Analysis

A wealth manager’s portfolio analysis services can help you in many ways. The wealth manager takes the time to study your portfolio carefully and identifies any problems or risks present. They then inform you about these issues and recommend strategies to avoid them or to minimize their potential impact.

All investors should use portfolio analysis services at some point. If nothing else, these services help you understand where you stand in relation to your portfolio goals. Please set up a video meeting with one of our wealth managers to learn more about our portfolio analysis services.

Asset Management

Wealth managers can also help investors with managing their portfolios. They can keep up with each asset and offer regular reports on their performance. This allows investors to focus their efforts on other wealth-building areas and receive updates as needed.

Wealth managers are well-suited to handle this task because they are well-versed in asset management. They understand the complicated ins and outs of this process and know when to step in.

Retirement Planning

Investors who are concerned about achieving their dream retirement can benefit from using retirement planning services. A wealth manager will take the time to learn about your retirement vision. They can then help you estimate your retirement expenses. Finally, they can create a tailored strategy to help you achieve a retirement with all the luxuries and comforts you currently enjoy.

These professionals may encourage you to start budgeting to help you boost your savings before retirement. They may also advise you to selectively invest in stable assets that offer passive income. Such strategies can help put your mind at ease as you approach retirement.

Estate Planning

Investors that wish to control how their wealth will be distributed following their passing can benefit from a wealth manager’s estate planning services. These professionals can help you with setting up a will that describes exactly how you wish your wealth to be distributed. They may also assist you with setting up trusts. Both strategies are vital as they help you maintain better control of your wealth after your passing.

Tax Planning

As mentioned earlier, many investors pay higher taxes than they need to. Wealth managers are familiar with various strategies to help investors reduce their tax burden. This includes restructuring their portfolios to make them more tax-efficient. In some cases, the wealth manager may recommend changing your state residency to reduce your taxes. These strategies can be helpful for anyone that believes they are paying more taxes than they need to.

Is a Wealth Manager Worth It?

Investors that aren’t familiar with wealth managers may be wondering if it is worth using such services. The benefits of hiring a wealth manager generally outweigh the costs by a wide margin.

Wealth managers generally charge a fixed annual fee for their services. This is based on the value of the assets entrusted to them. Clients can reach out to these professionals for assistance as often as needed and without having to pay extra each time. This means they can receive specialized advice and guidance on important financial matters such as wealth protection and growth.

The right wealth manager can offer guidance on complex matters. This includes assistance with executing advanced financial strategies without having to possess knowledge of them. This gives you access to a wide wealth of knowledge at a relatively affordable cost.

Why Choose Pillar Wealth Management?

There are many wealth management firms to choose from across the country. However, few wealth management firms can match the quality of personalized services we provide at Pillar Wealth Management. Our wealth managers have amassed over six decades of experience with helping clients. They understand the different types of hurdles they face in their wealth-building and wealth protection journey.

Our wealth management experts take the time to understand your unique background and financial goals. They then create special financial plans tailored to your exact needs. This winning strategy has helped numerous clients in the past. Protect and grow your $30 million net worth with the assistance of a professional. Please set up a complimentary introductory video meeting with our wealth managers to get started with our services.

To be 100% transparent, we published this page to help filter through the mass influx of prospects, who come to us through our website and referrals, to gain only a handful of the right types of new clients who wish to engage us.

We enjoy working with high net worth and ultra-high net worth investors and families who want what we call financial serenity – the feeling that comes when you know your finances and the lifestyle you desire have been secured for life, and that you don’t have to do any of the work to manage and maintain it because you hired a trusted advisor to take care of everything.

You see, our goal is to only accept 17 new clients this year. Clients who have from $5 million to $500 million in liquid investable assets to entrust us with on a 100% fee basis. No commissions and no products for sale.

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