Divorce is a complex process that affects just about every aspect of your life, from financial to emotional, physical to legal. For affluent couples with ultra-high net worth, the complexity is high, and the stakes are even higher. You will be making some of the most difficult and important financial decisions of your life during…
With the current market volatility and economic uncertainty we are facing in our nation currently, many people find themselves stressed about money and their financial situation. During times like these, it’s easy to either lose focus on investing or become hyper focused on investing. Your situation is unique, and there is no one size fits…
High Net Worth Individuals (HNWI) often have higher risk exposure and more complex insurance requirements. HNWIs are sometimes more prone to legal action from those who seek to gain a profit from their wealth, or in some cases, even targeted because of their wealth. Unfortunately, HNWIs are often underinsured, as many have obtained first-generation wealth,…
You’ve probably heard the numbers; about $68 trillion in U.S. wealth is expected to change hands from older generations to younger generations in the next 25 years. Unfortunately, much of that wealth won’t make it the 3rd generation, the grandchildren. Rarely is the issue that the financial advisor didn’t do a good job. Most of…
According to one recent study, around 25 percent of American parents are planning to spend alltheir money in retirement, and not leave their children an inheritance. Interestingly enough, not leaving an inheritance seems to be somewhat of a trend among the ultra-high net worth these days. Investing guru Warren Buffet, tech titan Bill Gates and…