The Annuity Warning Every Ultra-High Net Worth And High Net Worth Household Must Heed! True Life Story of a Couple Duped by a ‘Guaranteed’ Annuity” Every good heist has a red herring. If you don’t know that term, it’s a common story element in mysteries and film noir, where a clue or insight turns out … Read more
It’s no secret. High net worth individuals pay the most money in taxes, and this is unlikely to change anytime soon.However, because you pay the most, you also stand to save the most when you implement smart tax planning strategies to minimize your losses.If you are a high net worth individual with over $10 million … Read more
How to Protect Your Retirement Accounts During High Net Worth Divorce 7 Smart Tips to Ensure Your Divorce Doesn’t Derail Your Long Term Financial Prosperity Divorce is messy. For high and ultra high net worth households and their retirement accounts, divorce is really messy. Depending on how contentious your potential divorce is shaping up to be, you … Read more
Sometimes a bit of luck, intuition, and common sense may make timing work for investors on a few occasions. However with statistics and the dangers around this approach, high net worth investors have little to gain and much to lose by pursuing a strategy of market timing. What is market timing? It’s an attempt to … Read more
There’s a second and related truth to that. Investment performance rises and falls. No one earns market-defying gains year after year. But investment costs – those just keep on coming. While some investment costs are tied to performance, many are not. As you’re about to see, you should stop asking so many questions about performance, … Read more
These include things like new cars, second or third homes, boats, college tuitions, and things of that sort. Even in retirement, you’ll have some major distributions that you’ll likely know about well in advance. Any competent wealth management firm for high net worth individuals should have a system that accounts for these planned major expenses in a … Read more
How Ultra High Net Worth Individuals Can Protect Their Wealth Even When Life Happens 4 UHNW Strategies to Ensure Your Wealth Withstands the Great Unknown They say the only certainties in life are death and taxes. Two problems with that are of particular concern to ultra high net worth individuals (defined as having $30 million … Read more
How to Respond to Market Volatility in 3 Smart Steps Are You Freaking Out From What Market Volatility Is Doing to Your Monthly Statements? 3 Healthy and Sensible Ways to Respond to Market Volatility Few envelopes in the mail can arouse such an extreme breadth of emotion as your financial statements. One month, when your … Read more
Understanding The Difference Between Investment Management and Financial Planning Is Critical To Securing Your Lifestyle You‘ve probably spent most of your life trying to get to a point where you can live the life you always dreamed of. Having a liquid net worth of $1 million, $10 million, or $300 million is not easy; all … Read more
How To Hire Your Go-To Financial Advisor When interviewing potential advisors to work on your family’s behalf, you should ask a number of pertinent questions, beyond just getting basic contact and bio information, education, and credentials. You want to hire an advisor who is familiar and capable of dealing with someone of your net worth. … Read more
