Wealth Management Louisiana:
The Complete Guide to What We Do
The best experts offering solutions for Wealth Management Louisiana focus on improvingyour portfolio performance and managing the wealth you’ve worked all your life for. They take a holistic and fiduciary approach to wealth management.If you have more than $10 million in liquid assets and are thinking of working with a professional, you must first find out what your potential financial advisor specializes in.Click on this link to explore how you can find the right expert for effective wealth management Louisiana. You can also contact us at Pillar Wealth Management and schedule a free consultation to discuss your financial needs and goals.
Pillar Wealth Management specializes in providing well-thought-out and customized wealth management financial solutions for individuals with $5 million to $500 million in investable wealth. Our wealth managers have over three decades’ worth of experience working with high net worth and ultra-high net worth individuals like you. We utilize carefully curated strategies to give you financial planning advice and investment management ideas.
Table of Contents
Our Wealth Management Louisiana Investment Philosophy
When it comes to distinguishing fiduciary wealth management financial solutions from ‘McDonaldized’ Wall Street firms, most highnet worth and ultra highnet worth families and individuals tend to fall for false hopes and promises.
And honestly, it’s not their fault! There are only so many things you can pay attention to while juggling your personal and professional financial affairs.
For this reason, the founders of Pillar Wealth Management choose to educate our potential clients about their wealth management needs and investment strategies based on what is best for their hopes and aspirations.
Simply put,your choice of expert wealth management Louisiana should be well-versed in:
- Lifestyle-based retirement planning (how to really make your money last based on your current or future lifestyle)
- How to invest significant cash windfalls, for instance, from real estate or business sales
- How to deal with divorce/marriage or the demise of a loved one
- How to grow andprotect your investment portfolio while taking into account the possibility of inevitable economic disasters (within your lifetime)
- How to deal with relocation
- How to unwind larger equity positions
- Holistic planning for inevitable economic corrections, such as bear markets, wars, acts of terrorism, recession, etc.
As a high net worth or ultra-high net worth investor, your goal should be to grow and protect your wealth so that you can build the financial legacy you desire. To find out how you should go about this, don’t forget to read our book ‘The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies For Families Worth $25 Million to $500 Million’. Our clients loved how this book helped them understand the ins and outs of high net worth investing and prepared them to devise a solid strategy for successful wealth management Louisiana.
We Share Your Burden
Given the massive amount of wealth you have accumulated over the years and your uniquefinancial circumstances, searching for the best expert forwealth management Louisiana can be mentally taxing and overwhelming. You might have worked really hard to get to where you financially stand today. Considering this, your search for the right professional can also be paralyzing.
Tell us, what do you do if you and your loved one can’t seem to decide what to eat on date night or for a birthday dinner? Do you tend to ask for your friends’ opinions and settle for whatever others seem to be raving about?
This approach isn’t going to help when it comes to wealth management Louisiana. In this case, what everyone is talking about are, most definitely, the large ‘cookie-cutter’ investment firms that employ Wall Street investment brokers and fresh graduates.
Many large banks, discount brokers, and well-known names in the industry have done a great job at marketing their services as the fabled ‘goose that lays golden eggs.’
However, when you get a peek behind the curtain, you only see ‘McDonaldized’ offers and services that very rarely take your personal ambitions into account before recommending financial maneuvers.
You need to start seeing through these marketing gimmicks and salesperson techniques, and for once, understand what they have to offer.
Are they what they say they really are or can they be the biggest threat to your money once you have partnered with them?
Are they planning holistically for your current and long-term financial serenity or are they slowly building a cunning trap that will eventually strip you of your period of self-actualization?
At Pillar Wealth Management, we strive to be different from these firms by putting your financial needs and goals at the forefront.We don’t believe ina one-size-fits-all solution. Our goal is to offer personalized wealth management financial solutionsthat set you up for financial success in the long run. Our wealth managers are completely transparent about your financial situation and objectives and what you need to achieve them.
To learn more about our services, feel free to start a conversation with us!
We would also suggest you read our free guide on improving portfolio performance by clicking here. It sheds light on everything you need to know to lay a strong foundation for a secure financial future.
We Help Ease Your Mind about Your Financial Future
Considering the fact that you can fall victim to Wall Street marketing gimmicks, you need to be mindful of two things:
- How expert wealth management Louisianaservices will help you grow and preserve your wealth. Consequently, how are they going to help you live the rest of your life to the fullest or in a manner you always dreamed of?
- How can you get holistic and fiduciary wealth management financial solutions, or more specifically, those that have a time-tested and proven track record of delivering financial peace and security to affluent individuals?
In our six decades’ worth of combined experience at Pillar Wealth Management, we have rarely come across highnet worth or ultra highnet worth individuals that claim to have found a financial advisor that:
- Plans based on what’s truly best for their clients as a fiduciary
- Uses a fully-customizable, proactive, and transparent planning/investing strategy
- Can confidently and timely discuss how their strategies have demonstrated satisfaction with respect to your personal financial aspirations
- (Or at the very least) Openly resolves your confusion about their services
Five Non-Negotiables for Expert Wealth Management Louisiana
Expert wealth managers have a proven track record of utilizing the growth of the market to maximize the returns on your investment portfolio while minimizing your losses from the inevitable market collapses.
They see how well your portfolio performs based on how close you are to your life-goals and measure its performanceon quarterly stress tests.
They keep a check on your expenses and taxes while recommending a year-over-year lifestyle budget that helps you build your financial launch-pad for retirement.
They consider portfolio performance as just one factor that goes into measuring progress against your financial goals.
They are independent and fiduciary.
If you choose to partner with the right financial advisor, you may be able to save hundreds of thousands of dollars, or perhaps, even millions in taxes and sundry expenses!
Right Now You’re Probably Wondering…
- What a ‘stress test’ is and how your qualitative life-goals fit into your financial equation to really make your wealth last?
- How can you maximize your returns and minimize risks while achieving the lifestyle you want?
- What ‘fiduciary’ financial management really means and why it is so important to partner with advisors who aren’t bound by the restraints of their company policies and internal goals?
While it is natural to have these questions in mind, let’s tell you that finding the best expert for effective wealth management Louisiana can be as simple as finding a firm that offers fully customizable services tailored to fit your personal needs and goals. These services should not only help you achieve your choice of lifestyle but also cater to your risk-averseness and holistically deliver financial serenity.
At Pillar Wealth Management, we do not question our clients about their desired ‘rate of return’ or ‘risk tolerance.’ We prioritize financial security over portfolio performance to put you in the best position for achieving long-term goals.This shift is crucial for successful wealth management Louisiana. If you’re looking for a quick guide on how we mean to maximize your portfolio returns, quickly browse through another one of our guides called, ‘5 Critical Shifts For Maximizing Portfolio Growth Strategies.’
Financial Chaos is Very Real: A Short Real-life Story
In our many years of experience, we happened to come across a San Francisco couple who had worked for numerous Silicon Valley companies and were planning on retiring early. Naturally, they were excited to live the next plenty of years with financial serenity, despite the high costs of living in the Bay Area.
This couple scheduled a meeting with us to discuss their portfolio featuring $5 million in liquid assets. We questioned them about their finances, how much income they were looking forward to, their retirement goals, and their wealth managementplans.
After every meeting, we seemed to be moving forward as it usually does in consultation sessions.However, we noticed a strange reaction from the clients on the mention of $5 million.
What we found out next completely justified this reaction.
Apparently, the dotcom collapse had caused this couple’s $32 million in liquid assets to fall all the way down to just $5 million. To put things into perspective, their investment portfolio was now only 16% of its entire value in Y2K.
Naturally, this story can make anyone skip a heartbeat, let alone the couple who suddenly lost $27 million!
Upon hearing their story, the room was instantly clouded with a grim aura and we realized just how much this couple valued their $5 million. Suddenly, all of their questions were now thrown to one side and replaced with new, much simpler questions:
“Can we make it?”
“Do we have enough?”
So, What Had Gone Wrong?
The Silicon Valley couple had hired a financial advisor who had formulated a farfetched investment strategy which includedvery aggressive investments. Since they fell into the trap of beautifully packaged but mostly hollow promises, this couple was of the opinion that their wealth was distributed into big-name companies. Not only were they wrong but their previous financial advisors had also failed them miserably.
The lack of experience and the fact that these so-called professionals prioritize their personal/professional goals instead of yours is the reason they resort to emotional and greedy investing.
All the self-proclaimed experts who offer below-average services for wealth management Louisianarisk all of your hard-earned money and assets by investing in firm-driven portfolios and predetermined ‘cookie-cutter’ strategies. This is whyour clients’ portfolios suffered huge losses in the midst of economic disasters anddestroyed all of their dreams.
What Could Have Been Done Instead
By partnering with qualified and experienced professionals offering holisticwealth management financial solutions, you will be able to see that they don’t only focus on maximizingyour returns from market gains but they also have a contingency plan for when things turn ugly and you need to mitigate risks and minimize your losses.
The couple we had the pleasure to meet also appreciated the fact that the nearly 60 collapses of the entire dotcom stock market took about 13 years to return to where it was initially.
To further understand the scope of our holistic services, you can schedule a free consultation with our fiduciary wealth management team.
Schedule a 15-Minute Meeting for Wealth Management Louisianawith Pillar Wealth Management
Pillar Wealth ManagementLLC is your one-stop-shop for effectivewealth management Louisiana. We are an experienced, fee-only, and independent fiduciary firm that focuses on providing holistic and customizable wealth management services to a few highnet worth or ultrahigh net worth individuals, families, and even private company owners. In doing so, we focus our resources on our clients without risking their wealth and retirement funds like all other Wall Street firms.
We offer wealth management services that will help construct a smooth runway to take you and your loved ones off into a worry-free lifestyle or retirement. Our financial planners also ensure the security of your business and personal assets so you can tend to your personal life and affairs while we manage your finances in the background.
If you like what you read in this post, click here to start a conversation with one of our fiduciary financial advisors.
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