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Financial Services for Wealthy Investors – PillarWM

Wealthy investors spend an ample amount of time managing their assets and wealth. Such tasks can be both time consuming and tiring. If you have between $5 million and $500 million in liquid investment assets, you should turn to Pillar Wealth Management for assistance with financial services. Our wealth management experts can help you achieve your financial goals in an efficient and worry-free manner. Read our special guide for investors with $10 million or more to learn about our approach to investing.

7 Secrets minified


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.

What is the Financial Services Sector?

The financial services sector includes banks, investment firms, lending institutions, realtors, insurance companies, brokerages, and accounting firms. The businesses in this sector provide banking, investment, tax, and other financial services. A variety of infrastructure and tools are utilized to deliver these services.

The Importance of the financial services sector

The Department of Treasury is the risk management agency for the financial services sector, which is considered a critical infrastructure sector.  Because of the economic importance of this sector and the need for trust between service providers and consumers, governments are needed to oversee the provision of many financial services.

Individuals and organizations utilize financial services to facilitate the execution of financial transactions in banking, investment, real estate, and insurance, among others.

Financial services allow money to be put to productive use. Instead of hoarding their money, consumers give their savings to intermediaries to invest in a mortgage or what might be the next great technology. Because this process can be complicated, most countries have regulations that protect borrowers and lenders and preserve the trust that is the basis for all financial services.

Banks and other financial service providers

Banks and other financial service providers accept deposits and repayable funds and make loans. They acquire funds to lend or invest with the goal of making a profit.

These providers administer payment systems that make it possible to transfer funds from payers to recipients and facilitate transactions and account settlement through the use of credit and debit cards, bank drafts, checks, and electronic funds transfer.

These businesses help companies and individuals buy and sell securities, foreign exchange, and derivatives. They may issue securities, thereby helping companies raise funds by selling shares or issuing bonds.

These providers offer advice and invest funds on behalf of clients, who pay for their expertise.

Insurance and related services

Direct insurers pool the premiums from consumers who seek to cover a risk. The insurer makes payments to those who have experienced a personal or business-related event, such as an automobile accident, which is covered by the insurance policy.

Reinsurers are companies or wealthy individuals who agree to cover some of the risks assumed by a direct insurer.

Insurance intermediaries, such as agencies and brokers, match up those seeking to pay to cover a risk with those willing to assume the risk.

Tax and accounting services

Accounting services focus on financial data and preparing financial statements. Tax accounting is a specialization in accounting.

Accounting services cover the comprehensive recording of an organization’s financial transactions, followed by analyzing and reporting these transactions. Other accounting services include management accounting, auditing, cost containment, and information systems.

Tax accounting includes tax return preparation; a tax accountant is also able to analyze the financial efficiency of the enterprise and recommend ways to reduce the taxes it has to pay.

What Are the Various Types of Financial Services?

So what exactly are financial services? A financial service is any professional service that involves investing assets or managing wealth. There are many types of financial services available to individuals with a high net worth or an ultra-high net worth. Please set up a free meeting with our wealth management experts to learn more about our financial services.

Some important financial services include:

Portfolio Analysis

– Investment Management

Retirement Planning

– Estate Planning

– Insurance Planning

– Tax Planning

Portfolio Analysis

Wealthy investors often acquire assets in a wide variety of places. This could be to diversify their portfolio, or for growing their wealth as quickly as possible. However, the more your portfolio expands, the more difficult it becomes to keep track of each investment.

You may have some understanding of each asset in your portfolio, but you may be unsure about how they fit in with the rest of your investments. Portfolio analysis services enable you to understand your portfolio better and whether it is aligned with meeting your future goals. Wealthy investors can learn about some of the portfolio growth strategies we use in our special guide.

Investment Management

Investment management can be thought of as a comprehensive approach to managing one’s investment portfolio. These services are especially useful for investors who would like to regularly keep track of their investments without losing sight of their other wealth-building activities.

A solid investment management strategy is crucial if you wish to grow your wealth or set up passive income sources for retirement. Our multifaceted investment management approach can help you achieve these goals in a realistic and manageable manner. Learn about some strategies to improve your portfolio performance in our special guide.

Retirement Planning

Most wealthy investors wish to retire at some point in their lives. Some aim to do this once they turn 60, while other ambitious investors strive to retire by 40. In either case, the challenges of retirement are always the same.

Retirement usually means giving up on your primary source of income and living off the savings you have built up. High net worth or ultra-high net worth individuals rarely have to worry about their retirement savings running out, but they may need to downgrade their lifestyle to stretch out their savings for as long as possible.

Retirement planning services help you plan for your retirement beforehand so that you can enjoy the remainder of your years in comfort and luxury. For example, many wealthy investors set up passive income sources via investments as part of their retirement plan. The income generated by these investments is then used to sustain their post-retirement lifestyle. We discuss the importance of wealth management before retirement in our book The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies For Families Worth $25 Million To $500 Million.

Estate Trusts

Estate Planning

Estate planning is another essential service that all wealthy investors need at some point. This service helps plan the distribution of your wealth and assets to your children and beneficiaries following your passing.

Estate plans are crucial to ensure your wealth goes to the right places and in a timely manner. In addition to this, a robust estate plan can help minimize taxes on your estate. This allows your children and beneficiaries to receive the full amount you intended.

Insurance Planning

Insurance planning is vital for individuals with a high net worth or an ultra-high net worth. Wealthy individuals often own high-value assets and possessions that are vulnerable to damage or theft. Ordinary insurance policies may not offer sufficient coverage to replace these items in the event of theft or an accident. Insurance planning helps wealthy investors choose insurance policies that offer the right coverage to protect their assets and possessions.

Insurance planning can also be helpful in choosing a health insurance plan to keep you and your family covered in the event of an emergency. A hefty medical bill for an unexpected surgery or procedure can leave a significant dent in your savings. This can be avoided if you have coverage under the right health insurance plan. An insurance planner can help you browse through multiple policies to find the one that meets your needs.

Tax Planning

Individuals with a high net worth or an ultra-high net worth pay some of the highest taxes in the country. This is primarily due to the belonging to higher income tax brackets. However, much of the taxes wealthy individuals pay are on their numerous high-value assets.

There is no way to avoid paying your taxes legally, but you may be able to reduce the amount you owe by restructuring your portfolio or business. This is precisely what tax planning services are for.

You can become more “tax-efficient” by planning your expenditures beforehand, selecting the right investments, and timing purchases correctly. An experienced wealth manager can offer guidance with each of these tasks. Please set up a free meeting with our wealth managers to learn more about our tax planning services.

Why You Need Financial Services From a Wealth Manager

After reading about the various types of financial services out there, you may be wondering “Do I need financial services?”. In most cases, the answer is yes. However, a better question may be “why do you need financial services from a wealth manager?”.

Wealthy investors should seek out financial services from a wealth manager for the following reasons:

Understanding Your Finances

Many wealthy individuals focus on building wealth continuously, but few truly understand their own finances. This is especially true when you receive income from multiple sources and have investments in different places.

Understanding your own finances is crucial for future planning purposes. If you don’t know where you stand in the present, you won’t be able to make predictions about your financial situation in the future.

A wealth manager can study your portfolio and incomes sources and offer clearer insight regarding your cash flow and savings. This information lets you know where you currently are and can help you decide where you would like to go.

Protecting Wealth

If you have spent many years or even decades building up your wealth, you may be concerned about its safety. Wealth protection can be challenging for just about anyone. After all, your assets are vulnerable to numerous risks at any time.

A wealth manager can help identify any risks your wealth is exposed to, and can come up with strategies to mitigate these risks or minimize the damage they do. This protection is vital, as it helps keep your retirement savings secure.

Meeting Your Financial Goals

Most wealthy investors have certain financial goals they wish to achieve. However, these goals often require extensive planning and careful execution. This planning can be made much easier with the help of a wealth management expert who is familiar with the ins and outs of financial planning.

A good wealth manager can assess your financial goals and let you know whether or not they are attainable. Similarly, they can also inform you if you have the potential to achieve even greater goals. The wealth manager can then chart out a roadmap to help you get to where you need to be at a manageable pace. You can learn how to select a financial advisor using our special guide.

Saving Time

Managing your assets takes up a fair amount of time, and becomes only more tedious as you acquire more assets. A wealth manager can take care of these duties for you on a regular basis, and provide crucial updates only when needed.

You may be reluctant to offer someone partial control of your assets. However, wealth managers are well-educated and understand the complexities of asset management. Allowing them to take care of some duties on your behalf also gives you more time to focus on other wealth-building activities. Please set up a meeting with our wealth managers to learn how we can assist you.

Why Choose Pillar Wealth Management?

Investors with $5 million to $500 million in liquid investment assets should seek out Pillar Wealth Management’s financial services. Our wealth managers are well suited to serve the needs of high net worth as well as ultra-high net worth investors.

Clients choose our services for numerous reasons. This includes:


Wealth management is no easy task and requires plenty of experience. After all, each decision a wealth manager makes could impact your finances and wealth greatly. Experience is what separates a good wealth manager from a great one.

At Pillar Wealth Management, we are proud to say that we have over sixty years of experience serving clients. Each of our wealth managers possesses an educational background in finance, but it is their experience that makes them truly great. This experience enables them to assist clients in overcoming any challenge and achieve their goals.

Number of Services

Our wealth managers offer a wider variety of services compared to ordinary financial advisors. This includes:

– Portfolio Analysis

– Investment Management

– Retirement Planning

– Estate Planning

– Insurance Planning

– Tax Planning

Each of our wealth managers takes the time to understand your background and offer advice that is tailored to your unique needs. They can point out how a particular investment move may impact your retirement plans, or how a certain acquisition could increase your taxes.

This comprehensive approach to wealth management is preferable to choosing financial services individually from various professionals. Learn more about the importance of financial services in our guide for investors with $10 million or more.

Personalized Services

Our wealth managers take on a limited number of clients each year so that each one receives personalized attention. At Pillar Wealth Management, we understand that each investor has unique needs and goals in mind. Over the years, we have learnt that a personalized approach to wealth management tends to be more effective than a one-size-fits-all approach.

We customize each plan so that they fit with your needs in the present, and can help you carry out advanced strategies without requiring in-depth knowledge of finance. Please set up a complimentary free meeting with our wealth managers and start managing your wealth more effectively.

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Financial services include banking services, such as checking and savings accounts, mortgages, loans, and credit cards, and investment services, including trading and asset management.

Some of the major areas of financial services are banking (including mortgages and other loans), investment (including trading and asset management), real estate, accounting, and insurance.

Financial services providers work with their clients to establish a financial plan that includes strategies for achieving financial goals such as a comfortable retirement and profitable investments.

Financial services help individuals and organizations improve their financial well-being, providing advice and guidance on increasing income, reducing expenses, and minimizing taxes.

Financial services providers are businesses that help individuals and organizations achieve their financial goals, such as increasing income and maintaining their lifestyle in retirement.

Honest, open communication is critical to building a long-term, trusting relationship with the client. The financial advisor should be transparent about fees and potential conflicts of interest.

Financial services professionals need to be good problem solvers; they need to have good communication skills, such as listening and empathizing with their clients.

Transamerica Corporation is the largest financial services company in the world, focusing on insurance and investment and retirement services.

A bank is a financial services company since it deals in many types of financial transactions, but it may not provide all possible financial services, such as establishing a trust or foundation.

Because accountants work with all types of financial transactions, they are included in the financial services sector.


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.

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