As a resident of Los Altos and likely a member of the top 1% with a net worth, your finances represent much more than just a number. It’s your future, your family’s future, your peace of mind and freedom to not worry, and for some, the influence you want to have on the world. If you have over $10 million to invest, you want the best financial advisor working tirelessly for your best interest. To find that person, check out this special guide from Pillar Wealth Management, which exclusively serves families and individual investors who have $5 million to $500 million in liquid assets.
Wealthy residents of Los Altos need to know who to trust to help manage their finances. In this article from Pillar Wealth Management, we talk about what financial advisors are and what you should be looking for in a Los Altos financial advisor.
Pillar Wealth Management is a leading financial advisory and wealth management company in the Los Altos and California area.
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Here’s a quick note before we delve deeply into financial planning in Los Altos and adjacent areas. If you are on the lookout for a financial advisor in Los Altos and need help managing assets between $5 million and $500 million, then get in touch with us.
You can sign up for a free consultation with Pillar Wealth Management today. In this free consultation, you’ll be speaking directly with the company’s co-founders Chris Snyder and Hutch Ashoo. The firm specializes in managing wealth for multi-millionaire clients with unique investing needs, just like you.
Things to Consider When Selecting Financial Advisors in Los Altos
Los Altos is a very good place to live in California because the area is one of the most prosperous in the nation.With the median household income at over $200,000, far higher than the national average of $56,000, this is a place people live who aspire to a particular type of lifestyle.
However, this prosperity also has its disadvantages. Because of the high income, low unemployment rate, and the incredible quality of life, Los Altos can be quite expensive to live in.
More than that, earning a high income or possessing a high net worth comes with its own challenges. Not every financial advisor in Los Altos has a deliberate and proven process for working with these unique challenges. If you want to optimize your investment performance and solidify your long term financial serenity, we highly recommend this free guide, written specifically for people like you, Improving Portfolio Performance: The Shifts Multi-Millionaires Must Make to Achieve Financial Security and Serenity.
The Critical Difference
Most wealth managers are likely to offer services that are tailored to suit people in the middle class instead of the top 1%, and would not meet your needs.
It is imperative that when searching for a financial advisor, you should search for a financial advisor in Los Altos that understands your unique situation and comprehends your money management needs.
If you want a comprehensive guide that will show you how to find the perfect financial advisor for you, get our resource, The Ultimate Guide to Choosing the Best Financial Advisor: For Investors with $5 Million to $500 Million in Liquid Assets.
We specifically created this resource for you, the affluent individual that is faced with the hard choice of choosing the perfect financial advisor. Other than reading that, the best way to see and understand how vastly different our investment planning approach is, and how we’ve tailored it for people with high net worth, is to talk to us.
As you probably know, the choice of a financial advisor is not one to be made lightly or without much thought.
Rather, you need to consider a lot of factors and be doubly sure that the financial advisor that you choose is perfect for you and your unique situation.
The resource clearly outlines the risks of choosing a financial advisor that is unsuited for you and reveals the most essential criteria by which to look for the perfect financial advisor that you need.
Should You Manage Your Finances Personally?
When it comes to managing your wealth, you have numerous options. The first and most obvious option is to manage your finances personally and invest by yourself.
This is, of course, the cheapest course of action, it will also be the most challenging. And it will give you the biggest chance of making mistakes.
Most high-net-worth individuals decide not to manage their finances themselves. This is because it requires them to have a great deal of financial knowledge and expertise in financial planning.
It also ends up dominating so much of your time that you could be using better in other ways.
Managing your finances by yourself would mean that you must have a very good understanding of investment options, tax and estate planning, and accounting. You would also need to develop many other fiscal management skills.
If you want to live an affluent life and enjoy your wealth, then rather than focus on it entirely when managing it, a better way is to get an excellent financial advisor. The right type of financial advisor can turn your wealth into generational wealth.
Why You Need a Wealth Advisor near you in Los Altos
As you begin your search for a financial advisor in Los Altos, you will find multiple financial solutions available to you. Before making a choice, however, it’s essential to understand what the goal of a financial advisor is.
The goal of a financial advisor or wealth manager is to help you maintain your wealth and make possible the lifestyle you have always dreamed about, for the rest of your life. We do this by investing it wisely, ensuring that you can live the kind of lifestyle you want without worrying about losing your money or running out of it in retirement.
It’s as much about growing your wealth according to your 100% customized wealth management plan as it is protecting your wealth. Both perspectives are critical and must work in tandem to achieve what you’re looking for. For a detailed look at this, 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.We’ll send a copy directly to you if you want to learn more about protecting your wealth and ensuring that it lasts for generations
Yet the question remains, how do you ensure great results on your investments?
As a high net-worth individual, you’ll need holistic financial planning. This is why working with the best financial advisor in Los Altos should be your top priority. A good wealth advisor will play the role of both a financial planner and an investment broker.
They will help you plan a financial strategy, as well as manage your portfolio on your behalf. They will also assist you with complex financial matters.
So don’t delay, book a no-obligation, free consultation call with the co-founders of Pillar Wealth Management, Hutch Ashoo and Chris Snyder.