Top Investment Firms to Help Grow Your Wealth –PillarWM
If you’re a high net worth or an ultra-high net worth individual in San Francisco, Los Angeles, or anywhere, you need to carefully invest your wealth if you want to keep it safe. Even though the task sounds simple, it’s actually quite hard to implement. Thus, if you’re an investor who has $5 million to $500 million in liquid investment assets, you should seek assistance from investment firms or financial advisors such as Pillar Wealth Management. Don’t forget to read our comprehensive guide for investors with $10 million or more to know more about the best investment strategies.
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.
Table of Contents
- 7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning
- How Should High Net Worth Investors Invest?
- What Are the Top 10 Investments?
- Which Are the Top Wealth Management Firms?
- Top Investment Firm for Ultra-High Net Worth Investors
- Pillar Wealth Management Personal Advisor Services Include:
How Should High Net Worth Investors Invest?
Investing your wealth in different assets is an excellent strategy because it offers you an additional income source. Assume you want to start a new small business, plan for your retirement, set up a charitable organization, or simply do financial and estate planning or portfolio management. In such cases, investments can grow your wealth and allow you to meet your financial targets. At Pillar Wealth Management, we offer investment management services to individuals who have liquid investable assets worth anywhere between $5 million and $500 million.
However, a vital question remains: How should high net worth investors invest, and what should be their priorities? So, if you are a high net-worth investor, here are a few strategies to help you make the right investment decisions. Alternatively, you can even speak to our competent investment advisors by signing up for a free consultation here. Surely our investment advisors are different from a discount broker or a robo-advisor.
Determine Your Personal Financial Goals
Before you make any investment, you should always evaluate your financial situation. This involves figuring out your financial goals and risk tolerance. Knowing your personal financial roadmap will help ensure that you take a planned approach towards your financial objectives.
Evaluate Your Risk Tolerance
Risk is an inevitable investment component – with any investment you make, you can profit or lose. Therefore, before you invest, you must identify and understand your risk tolerance. Some common risks associated with investments include:
• Risk of Market Fluctuations: Market trends are constantly changing, and an unpredictable market shift can prove to be very risky to your investments.
• Risk of Losing Income: Disabilities, serious illnesses, and fatal accidents are common and can happen to anyone.
At Pillar Wealth Management, our experienced advisors offer risk management advice as well. We formulate detailed plans to lower the risk you face from sudden market shifts and highlight your portfolio’s assets that face the most risks. Make sure to read our comprehensive guide for investors who have $10 million or more to know why risk tolerance shouldn’t be the most fundamental factor in your investment strategy.
Diversify Your Investments
The practice of diversifying investments within various asset classes allows you to reduce the risk of facing substantial losses. Ideally, you should invest in an assortment of bonds, stocks, and other securities to ensure that your assets are safe and secure. For instance, if volatile market movements negate your gains in one area, they might increase your returns in another area.
Along with diversifying assets in several different geographical locations, industries, and categories, ultra-high net worth individuals also reduce their risk by investing in tax-free bonds. So, if you want to diversify your portfolio’s risk, you can use our services and get advice on optimum investment decisions. Read our book, The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies for Families Worth $25 Million to $500 Million to know more about risk diversification and management techniques.
Factor in Retirement Plans
Many high net worth investors have particular retirement goals. For instance, some want to spend their retirement living comfortably on their savings, whereas others aim to accomplish specific post-retirement objectives.
Whatever your plans are, you need to factor them in your investment strategies and invest accordingly. This is because after you retire, you will no longer have access to an active source of income. Instead, you will have to live off the passive income your investment generates. So, make sure you have a clear idea of what you want to do post-retirement and invest accordingly.
At Pillar Wealth Management, our team will talk with you and assess your portfolio to ensure that you meet your post-retirement financial goals in the best possible manner. Read this insightful guide here to learn more about the critical shifts you need to make to maximize portfolio growth!
What Are the Top 10 Investments?
Now that you know how to invest, you must be wondering about where to invest and the top 10 investments.
There are several investment options that you can choose from. These include low-risk options such as money market accounts and certificates of deposit to moderate-risk options such as corporate bonds and even high-risk choices such as stock index funds. The wide range of investment choices is honestly great! It means that you can find investments that offer various returns and match your risk profile.
If you’re a high net worth or an ultra-high net worth individual who wants to grow their wealth, you can go with a low-risk investment that offers a reasonable return. Or you can choose investments that have a higher risk but offer a higher return as well. However, the best route is to adopt a balanced approach to secure your current wealth and give yourself room for growth in the long term. If you want to learn more about securing and growing your wealth, make sure you read our guide on Improving Portfolio Performance.
Here is a list of investment options with varying risk levels and returns.
Real estate is broadly categorized into commercial and residential real estate. It is no secret that high net worth and ultra-high net worth prefer real estate as a great investment option.
Investing in traditional real estate involves buying a property and selling it after a while at a higher price. It also includes owning property and collecting rent as a form of fixed income.
A mutual fund pools cash from investors to purchase bonds, stock, or other assets. Investing in mutual funds allows you to diversify your assets cost-effectively.
Mutual funds are an ideal investment choice if you want to save for retirement or have another long-term financial goal.
Several investors view private equity investments as a route to highly profitable opportunities in the financial market. Private equity typically buys entire companies instead of taking a partial equity interest.
Overexposure to equity can make your portfolio fluctuate significantly due to volatility. Unfavorable geopolitical situations or changes in global trade can result in significant shifts in the markets.
Thus, some high net worth and ultra-high net worth investors opt for hedge funds to protect their portfolios from market risks. To know more about hedge funds and whether they’re the right investment choice for you, register for a free consultation with our investment advisors.
Gold and Precious Metals
Gold, silver, and other precious metals such as palladium have long been recognized as highly valuable. These precious metals hold a strong place in high net worth and ultra-high net worth investors’ portfolios even in the present day.
Investing in precious metals is an excellent way to diversify your portfolio and hedge against inflation.
Tax-Free Municipal Bonds
Tax-free municipal bonds are a popular investment choice amongst high net worth and ultra-high net worth individuals. They are fixed-income investments issued by government agencies, states, and cities to finance projects.
You can buy these bonds separately, or if you want to diversify, you can buy funds that own a basket of them. The best thing about these investment options is that the interest on these bonds is exempted from federal tax, offering a higher return than or equal to taxable bonds of a similar level.
Purchasing and holding growth stocks is a great investment choice for high net worth and ultra-high net worth investors. These growth stocks don’t pay dividends; instead, they produce returns through share price appreciation. This means you don’t have to pay any taxes on your growth while it occurs.
Collectibles are items that are worth far more than their original selling price. They are considered alternate investments, i.e., they don’t fall into any other category such as bonds, cash, real estate, or stocks.
Investing in collectibles can be both rewarding and can help you maximize your returns. Some common collectibles include fine art, wine, stamps, and classic cars.
NASDAQ 100 Index Funds
An index fund based on the NASDAQ-100 is a popular choice for high net worth investors who want to get exposure to major tech companies. The funds are based on the NASDAQ’s 100 biggest companies, which means they’re the most stable and prosperous. These companies include Amazon, Apple, Microsoft, etc.
Bitcoin and Other Cryptocurrency
A cryptocurrency is a virtual or digital currency that uses cryptography that is impossible to counterfeit due to its high-security feature.
Tangible securities or real assets do not back cryptocurrencies. They are traded between consenting parties without the involvement of any broker.
Which Are the Top Wealth Management Firms?
Some of the largest wealth management firm are BlackRock, The Vanguard Group, UBS Group, State Street Global Advisors, Fidelity Investments, Allianz, JP Morgan Chase, Bank of New York Mellon. However, not all the firms out there are suitable to meet your needs.
For instance, some may not have the requisite experience, whereas others may not be offering the services you need. On the surface, some wealth management firms offer wealth management plans that are tailored to client needs. But in reality, they are not. Still, the best wealth management firm will provide a wealth management plan that meets your needs.
Well then, the question remains – which are the top wealth management firms? The answer to this question isn’t so simple. Instead, a top wealth management firm involves a combination of several different qualities.
The following is a list of the most critical factors that make a wealth management firm excellent and stand out from the rest. Additionally, you can also read our ultimate guide to determine which are the top wealth management firms.
Experience with Affluent Clients
Wealth management for clients who have assets worth $5 million to $500 million is significantly different from wealth management for clients who have assets worth $100,000 or less. Hence, the critical factor that makes a wealth management firm the best is whether they have experience working with high net worth and ultra-high net worth individuals.
Of course, there are other wealth management companies, such as Morgan Stanley Wealth Management or Merrill Lynch Wealth Management. But Pillar Wealth Management’s wealth managers have more than six decades of combined experience assisting high net worth and ultra-high net worth clients. Thus, we are well-versed in managing, securing, and even growing the wealth of such individuals.
Excellent Track Record
An asset management firm’s track record also plays a crucial role in determining if it’s really the top one in the industry. If you think of it, there’s no point using a wealth management company that hasn’t delivered value to its customers. In fact, it’s just a waste of money!
Thus, before choosing a wealth management company, make sure you read reviews on websites such as the Better Business Bureau. This will help you determine if the firm is genuinely fit for your needs.
At Pillar Wealth Management, we know that every investor has their own risk tolerance, return expectation, and time horizons. Therefore, we strive to provide personalized service to every client that comes our way.
Others may not know about content measurement, audience insight, partners process data, product development, measure ad performance, and measure content performance. But we understand your financial goals thoroughly before giving you any wealth management advice. Moreover, our wealth management teams use a holistic approach for formulating investment techniques that are specifically catered to your individual preferences.
Top Investment Firm for Ultra-High Net Worth Investors
If you’re an ultra-high net worth individual, you must be thinking, “What should I look for in an ultra-high net worth asset management firm?”
Here is a list of things you need to look for in investment companies for ultra-high net worth investors.
Expense and Tax Optimization
The best investment firm will not just work to grow your wealth but will also focus on efficiently reducing any extra costs such as interest on credit cards. Thus, make sure you opt for a firm with complete expense and tax management techniques. To know more about tax-saving strategies, register here, and schedule a free consultation with our wealth management teams.
Active and Passive Investment Management
Active investment management can offer short-term gains, but it can cost you a lot in management fees and taxes.
Passive investment management is a more strategic procedure to allow clients to do better in the long term. Thus, when opting for an investment firm, make sure they offer an optimal combination of active and passive management to help you accomplish both your short and long-term financial goals.
Assets Under Management
Assets under management (AUM), often known as funds under management, is a financial term that refers to the overall market value of all financial assets managed by a financial company (such as a mutual fund, venture capital firm, or depository institution) or a decentralized network protocol.
Pillar Wealth Management Personal Advisor Services Include:
Gain access to a wide array of financial advisory and wealth management offerings, with one all-inclusive simple fee:
• Safe retirement planning and income/lifestyle optimization and maximization of high net-worth and ultra-high net worth portfolio performance
• Development of an investment portfolio that best fits your performance ex desired lifestyle — while still allowing you to sleep at night
• Individualized wealth management analysis and financial planning based on the lifestyle you most desire
• M&A/business or Real Estate planning
• Inheritance investing, estate planning, trusts, life insurance advice
• Death or divorce financial transitions
• Minimize taxes, fees, and other costs
• No pressure to buy investment products you don’t need, trade requests and advice you don’t understand, or other irresponsible and disrespectful actions
• Direct access to our top wealth managers and financial advisors
• Referral to other professionals like tax accounting firms, insurance specialists, estate planners
Using the right investment firm plays a crucial role in maximizing investment returns. At Pillar Wealth Management, our investment advisors understand your financial goals and help you create strategies to fulfill those goals.
To learn more about how our investment managers can help you sustain and maximize your wealth, sign up for a free consultation with us!
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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