Have you ever visited a foreign land, and felt the excitement (and angst) about the unknown elements of your destination?  Having wonderful guides on your journey, who are familiar with the local culture and landscape, potential dangers, and the best sights to see can make your trip all worthwhile. 

Comprehensive planning and wealth management is much like taking that special trip.

You likely know in general terms what you want, such as providing the ideal family legacy and how to communicate your values.  You likely want to protect your assets, pay less in current income and future estate taxes, grow your wealth, have your heirs and business partners engaged in the planning, and transfer your estate as efficiently as possible when you are gone.

But how can you communicate your desires in such a manner that your planners can know exactly what you want and (more importantly) what you don’t want?  This is the heart of comprehensive planning, and for all of their technical skills, most professionals fall short in helping you in this critical area.  Your advisors need to be experienced in three elements of communication – listening, asking questions, and explaining possible solutions in plain language.

Our virtual multi-family office structure allows for multiple personal meetings and virtual meetings to ensure that we understand your goals and desires.  This process is called discovery, and it allows us to get to know each other as well.  Only after you are confident that we know your situation thoroughly will planning begin.

A review of your current estate plan, investment and tax structures will commence after discovery.  We explain what your current situation will bring about over time, and how it may or may not be in line with your long-term wealth goals.  Implementation of plans, investments, and structures that can better help you achieve your ultimate goals takes places here.

Finally, working with your Personal Financial Coordinator, we communicate regularly with you in your preferred communication manner any changes that we recommend.  Every family is different, and the amount and level of communication and follow up runs the gamut from very involved to very hands off.

It’s time for the element that can move the needle more than other planning – Tax & Administration * Click Here to continue the journey around the Convergent Virtual Multi-Family Office Path of Needs.

* Convergent Virtual Multi-Family Office is not a CPA firm