The Complete Guide to What We Do
If you are a high net worth or an ultra-high net worth individual in Baton Rouge, it is important for you to understand the importance of wealth management in Baton Rouge. Home to many wealth management firms of which few can offer the level of expertise provided by Pillar Wealth Management. We consider ourselves among the leading private wealth management firms in the nation, providing services to clients with $5 million to $500 million in liquid investment assets. Learn more through our guide for investors with $10 million or more.
Table of Contents
What is Private Wealth Management?
If this is your first time hearing about private wealth management, what it means can vary from firm to firm. At Pillar Wealth Management, we define it as a collection of financial services for high net worth and ultra-high net worth individuals. Our team of wealth managers have 60+ years of experience, offering services to high-value investors such as yourself.
These services include:
- Investment Management
- Estate Planning
- Tax Management
- Retirement Planning
- Risk Management
What are the Benefits of Private Wealth Management, Baton Rouge?
High net worth as well as ultra-high net worth individuals typically seek out private wealth management services when they do not possess enough time or knowledge to manage their finances on their own. After all, you should be focused on looking ahead, rather than worrying about past investments and spending energy protecting them.
At Pillar Wealth Management, our goal is to help you evaluate your current financial position and achieve both your short term and long term financial goals in the future. Learn about the different wealth management strategies in our book;The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies For Families Worth $25 Million To $500 Million.
To provide you a clearer understanding of the benefits we offer, let’s elaborate on our services.
Investors aiming to maximize their returns will need to allocate their assets in an optimal manner. However, this is easier said than done.
Our wealth managers can examine your portfolio and suggest various methods to increase your returns. Their in-depth knowledge of financial markets and trends enables you to make confident decisions regarding your investments. You can learn more about maximizing your portfolio performance using our helpful guide.
At Pillar Wealth Management, we understand how tedious it can be to keep up with market trends on a regular basis. So why not allow our experienced professionals to do it for you?
If you are a high net worth or an ultra-high net worth individual with a family, you may be planning to transfer ownership of some of your assets to your children. However, this process can be incredibly complicated and riddled with hurdles.
Our estate planning coordination can help you navigate through the challenges of estate transference and identify any hidden risks that may jeopardize their safety. This task should be completed sooner, rather than later. So take care of your estate planning today.
Managing your taxes can be an on-going process that takes up a fair amount of time and effort. However, failing to meet your legal obligations with regard to taxes can result in serious consequences. This includes large penalties and possibly even prison time.
At Pillar Wealth Management, our team of wealth managers keep a close eye on the assets in your portfolio and learn about any taxes that may be owed on them. This frees you from worrying about missed tax payments.
We also offer to help construct your portfolio in a tax-efficient manner, so that you do not pay a greater amount than you need to.
If you haven’t spent much time thinking about your retirement, there are many things worth considering. Once you leave your current occupation and retire, you will no longer have an active income source. As a result, you will become reliant on the passive income from your investments.
You may intend to have a comfortable and worry-free retirement with your savings, or you may desire to achieve some new financial goals. Our experts have plenty of experience helping high net worth and ultra-high net worth individuals such as yourself plan for their retirement.
We can examine your existing assets and create an achievable plan that keeps your assets secure. Our plans may also help you grow your wealth over time. Why settle for simply a good retirement when you can enjoy a great one? Check out our guide that includes strategies for growing your portfolio.
Each individual has unique needs in their retirement. So get in touch with our experts to learn how we can create a retirement plan that is right for you.
High net worth and ultra-high worth investors such as yourself are exposed to many implicit risks. This may be due to having assets in multiple markets across the country. If you are unable to keep track of each of your assets and the risk they are susceptible to, you may suffer from great financial losses at some point in the future. We discuss the risk of market fluctuations in our guide, available here.
Our wealth management experts strive to stay up to date with the latest developments in your portfolio to identify any risks that may impact you. We can create a comprehensive risk management strategy to keep you safeguarded from various risks you may not even be aware of. Here is our guide to choosing the right financial advisor for you.
If you are seeking private banking for the potentially higher interest rates and services they offer, you should know that we offer many of the same services. High net worth as well as ultra-high net worth individuals gravitate towards private banks as they enable them to carry out all their banking activities from one place. Some of these banks may offer wealth management services; however, they rarely offer the expertise we can provide at Pillar Wealth Management.
While we may not be able to perform all bank-related functions, we can still assist you with investing your liquid assets. These include cash accounts, bond investments, and equities. Our experts can also provide investment advice unique to you and create plans for transferring your wealth to your beneficiaries.
At Pillar Wealth Management, we understand the key role that accounting plays in wealth management. Keeping track of your cash flow should be a top priority for the well being of your assets and financial advisor Baton Rouge operations.
It is only by gaining a thorough understanding of your finances that we can create plans to keep your finances secure and achieve your long term goals.
Where to Find Wealth Management?
If the biggest question on your mind is “how do I find wealth management for me,” you may be tempted to seek out wealth management services from any firm in Baton Rouge. However, we position ourselves as a premier wealth management firm for a variety of reasons. Sign up for a free consultation to learn more.
Here are some reasons to choose Pillar Wealth Management for private wealth management and money management in Baton Rouge.
We strive to provide each client with personalized service. This is because we understand the importance of listening to your unique needs and concerns before advising you on financial matters.
Our wealth managers spend an ample amount of time reviewing your finances and taking any and all considerations into account prior to creating our plans.
Wealth managers are required to stay up to date with the latest developments in their client’s portfolio. This is important for ensuring the client does not take on any unnecessary risks without being fully informed. However, some wealth management firms maintain sparse contact with their clients and update them only a few times a year. This leads to less than optimal outcomes that may jeopardize the security of your finances and assets.
At Pillar Wealth Management, we believe it is necessary to stay in touch with clients throughout the portfolio management process. You can expect us to stay in touch when examining your finances, during the creation of your plans, and also afterward to ensure that you are able to follow through on our plans.
We understand the special importance of providing our clients with regular updates. For this reason, you can always expect a real human voice to answer our phone lines.
We have 60+ years of experience offering services to high net worth and ultra-high net worth clients. We have aided our clients in overcoming a variety of challenges and hardships in the past. The advice we offer and the plans we create were finely tuned through many years of trial and error.
We guided our clients through the 2008 Financial crisis and are currently helping them through the current pandemic. It’s impossible to predict when a sudden market shift will occur, so it’s best to use the services of experienced wealth managers who can help you weather through difficult times.
All of these experiences have added to our vast bank of knowledge, and we are proud to offer a level of expertise that few wealth management firms can compete with.
Growing Your Wealth
High net worth as well as ultra-high net worth individuals often seek out wealth management firms for the purpose of keeping their existing wealth secure. However, at Pillar Wealth Management, we offer to not only keep your finances safe but also to grow your wealth in the process.
This can be important for investors who are still working, but it is especially crucial for those that have retired and are relying on their existing assets for passive income.
Wide Variety of Services
Many of our clients were drawn to our firm for the wide variety of services we offer. As mentioned earlier, we provide services related to investment management, estate planning, tax management, retirement planning, risk management, banking, and accounting.
By choosing our services, you won’t need to seek help from other financial professionals and institutions. The more of our services you use, the better understanding we gain of your finances. This enables us to provide the most fitting advice and craft custom plans to help you meet your future goals.
Getting in Touch With Pillar Wealth Management
If you are a high net worth or an ultra-high net worth individual with $5 million to $500 million in liquid investment assets, you can get in touch with us through our website. Sign up for a completely free consultation, or contact us for a simple chat, or to get a second opinion regarding a financial decision.
We are open to all high net worth and ultra-high net worth clients in Baton Rouge. Start managing your wealth with the help of trusted professionals today.
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