With The Incoming Trump Administration And Impending Interest Rates As we explore in our recently published book “The Art Of Protecting Ultra-High Net Worth Portfolios And Estates, Strategies For Families Worth $25 Million to $500 Million,” each family’s Investment Policy Statement should establish what is expected of money managers, and how and when the family … Read more
Where The Investment Policy Statement & Family Constitution Intersect In a previous article, we discussed the role and importance of the Investment Policy Statement. To recap, this document is a unifying statement of financial objectives that focuses on “hard” money issues. It differs from a Family Constitution, which is a document that seeks solidarity of … Read more
Investment Policy Statement — Biggest element to consider In a previous article we explored why investors must have an investment policy statement, which is a unifying statement of financial goals and objectives. And while this key document concerns itself with net returns after taxes, expenses, fees and inflation, today we are looking at another key … Read more
Investing Is War And Demands A Battle Strategy In our life-long experience as wealth management advisers, we have observed that investors of all kinds – including some ultra-high net worth investors — tend to focus entirely on the return of their individual investments. However, this approach is fundamentally flawed and puts investors at serious risk.Simply put: investing … Read more
Exploring the Nature of Ultra-High Net Worth Families Like many other experiences in both personal and professional life, obtaining ultra-high net worth status is a process that typically involves a series of linear stages. Based on our work with ultra-high net worth families over the years, we can refer to these stages in this article … Read more
High Net Worth Investors: 4 Beliefs Which Threaten Your Lifestyle Let us start with this: ultra-high net worth investors get far more right than they get wrong. They also typically have a tremendous amount of discipline, determination and drive. All of these characteristics translate into uncommon levels of wealth and success. When Risks Turn into … Read more
Ultra-High Net Worth Investors – Pillar Wealth Management With over 50 years of combined wealth management experience, we have unearthed a fundamental wealth management principle that, amazingly, most wealth/money managers don’t understand: the timing of when money flows in and out of a portfolio, combined with the sequence of returns, has a dramatic impact on … Read more
Ultra-High Net Worth Families Plan While today’s market volatility is certainly newsworthy, it is by no means new. We have seen this story play out many times before, and we will see it again. Yes, the so-called unpredictable shocks have different titles, but rest assured they are predictable and recurring. See if you recognize the … Read more
Ultra-High Net Worth Portfolio Protection Strategies The headlines scream out like something from the front page of a supermarket tabloid: “Stock Prices Sink in a Rising Ocean of Oil”, “Dow Tumbles 391 Points Amid Global Rout”, “Fears Rise that Plunging U.S. Stocks Could Pose Risk to Economy if Volatility Continues”, and so on. However, these … Read more
Traditional Financial Planning Is Hazardous To Your Wealth We have heard and seen many stories over our 18 years as wealth managers. From widows and widowers forced to reduce their retirement income by 30 percent to 50 percent to make their wealth last their lifetime; to retired couples having to sell their homes when their … Read more
