If you’re looking for a wealth management firm or a financial advisor in Atherton, California, the first thing to determine is if your assets align with the area of expertise of your potential advisor. Pillar Wealth Management serves high and ultra-high net worth families and individuals who have $5 million to $500 million in liquid net worth. If that’s you, use the Ultimate Guide to Choosing the Best Financial Advisor, which was created to help people with $10 million or more find the best wealth manager for their needs.
To learn more about Pillar Wealth Management, keep reading this page, look around our site, or simply give us a call to schedule a free consultation.
If you are a high-income earner or own assets between $5 million and $500 million, then you would most likely need specialized help in handling your finances and protecting your wealth.
Strategies For Families Worth $25 Million To $500 Million
The Art of Protecting Ultra-High Net Worth Portfolios and Estates
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.
This article shows how a financial advisor in Atherton can help you with your finances, and what to look for in an Atherton wealth management company. If you would like even more information, check out our resource on The Ultimate Guide to Choosing the Best Financial Advisor: For Investors with $5 Million to $500 Million in Liquid Assets. It explains why you need to be extra careful with selecting the right financial advisor, and shows you how to find the best wealth manager for you, someone who will preserve and grow your hard-earned wealth.
If you live in the Atherton area and you’ve been looking for help with managing your wealth, you can sign up for a free consultation from Pillar Wealth Management today. You’ll speak to the company’s co-founders Chris Snyder and Hutch Ashoo.
What to Consider When Searching for Financial Advisor Atherton
It is an open secret that Atherton is one of the best places to live in California and even the country. This is partly because of the serene atmosphere and the high standard of living. In Atherton, over 70% of the population have bachelors’ degrees or higher. Also, a whopping 90% of residents own their own homes, with the median home value placed at $2 million.
This means that living in Atherton can be quite expensive. Additionally, earning a high income presents you with a unique set of challenges, especially when your net worth is between $5 million and $500 million.
Not every financial consultant in Atherton will be the right fit for you. When you search for ‘financial advisors near me,’ many of the wealth managers you find will probably be more suited to handling the middle class rather than the upper class. Many will be ill-equipped to handle the unique needs of high and ultra-high net worth investors.
It is imperative that when you search for financial advisors near you to select the one whobest understands your unique management needs and has a clearly defined process for how to meet them. If you would like to get a comprehensive guide on how Pillar achieves outstanding performance for all our clients, get our free guide, Improving Portfolio Performance: The Shifts Multi-Millionaires Must Make to Achieve Financial Security and Serenity
In this resource, you’ll discover that optimizing performance requires much more than picking the right equities and bonds. The guide will re-define performance for you, share stories of real high net worth investors, and show you how to squeeze every cent from your portfolio.
4 Wealth Management Atherton Options
When it comes to managing your finances, you can choose from a couple of options. Let’s take a look at the choices you have, and briefly examine the pros and cons of each one.
1 – Personal Finance Management
As with all things, you can simply decide to manage your finances by yourself. Obviously, this method is the cheapest method of managing your finances.Or is it? While you do not need to pay any advisory fees to a wealth manager, if you manage your finances yourself, there is a rather obvious downside to doing so.
Managing finances requires a rather robust skill set. You would need to be knowledgeable in investing, accounting, tax planning, estate planning, and a host of other related skills.
If you are lacking in any one of these skills or don’t have the time to apply them as necessary, then you can lose a lot of your money or even all of it. Think about it. If you are not good at investing, and you invest your money improperly, you might lose all your investments.
This has happened to wealthy people throughout history. Ted Turner lost over 80% of his wealth in just a couple years from the AOL-Time Warner implosion.
Also, if you are not good at filing taxes, you might unknowingly be guilty of tax evasion, which can also be awfully expensive. Wealth creation is one thing, but wealth protection is another. For an in-depth understanding, request a complimentary copy of our book, The Art of Protecting Ultra-High Net Worth Portfolios and Estates: Strategies for Families Worth $25 Million to $500 Million.
As you can see, managing your finances personally might not be the best idea unless you have the required knowledge and skills or are willing to learn them, and have the time to do so. Talk to one of our elite wealth managers and experience the vast difference between our process and any other you’ve seen.
2 – Robo-Advisors
The most basic type of portfolio management is done with robo-advisors. A robo-advisor is a computer algorithm that decides the best place to invest your money when you put it into an investment account. This is a suitable solution if you lead a simple financial life. As someone with a high net worth, however, you will probably need several services that factor in some complex financial requirements.
Therefore, this type of wealth management would most likely not work for you, the affluent investor. Especially if you have $10+ million, try looking at this resource.
3 – Financial Planning
The job of a financial planner in Atherton is to help you develop a reliable plan for your finances. This plan, when thoroughly made, will guide your savings, expenses, and investments.
Typically, these kinds of plans last for a few years. However, as good as a financial plan is, it is not enough to meet all your financial needs especially as it should be updated for any major life changes or new goals, in addition to quarterly updates.
Typical financial planners do not pay proactive attention to the plans they develop for all their clients. It takes too much time, and most average planners have too many clients for this to be possible.
Pillar Wealth Management serves fewer clients in part because we commit to giving them a high level of ongoing attention. We continually update their plans, re-balance their portfolios, and keep them apprised of upcoming decisions related to taxes, retirement, and other financially impactful situations. See what else we do for our high net worth clients.
4 – Wealth Advisors
As an affluent person, what you need is holistic financial services. To this end, it will be in your best interest to work with a financial advisor in Atherton. A wealth manager, a specialized version of a financial advisor, performs the duties of an investment broker and financial planner. They’ll help you plan a financial strategy and manage your investment portfolios for you.
To learn more about wealth advisors, request a complimentary copy of our book. This book talks about how to protect your wealth and build it up for future generations.
If you have liquid investable assets of between $5 million and $500 million and require financial advisory services in Atherton, be sure to check out Pillar Wealth Management LLC.
You can learn more about what we offer by scheduling a no-obligation consultation call with our co-founders, Hutch Ashoo and Chris Snyder. They specialize in managing wealth and giving financial advice to high net worth and ultra-high net worth individuals.
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