Comprehensive Reporting:
- Preparing a comparative personal net worth statement on an agreed upon schedule
- Preparing a detailed cash flow summary
- Preparing an estate distribution flowchart
- Preparing annual budgets
Investment Allocation, Selection and Monitoring:
- Managing your portfolio on a discretionary basis or as an investment consultant
- Developing strategic and tactical recommendations regarding the construction of your portfolio
- Selecting appropriate investment strategies and managers from an open architecture platform
- Monitoring and reporting on investment performance and asset allocation
- Maintaining account data and supervising transaction activity
Income Tax Planning and Compliance:
- Preparing tax returns, or working with your accountants to have them prepared, for you and your entities
- Preparing periodic income tax projections, offering tax planning advice and preparing estimated tax vouchers
- Accounting for your reportable transactions and helping you meet your US reporting requirements for foreign transactions
Estate Planning:
- Reviewing your estate planning documents
- Recommending improvements to your plan
- Ensuring that essential tasks are completed
- Implementing your estate plan
- Monitoring and recommending changes in conjunction with your attorney as circumstances change
Family Financial Literacy Education and Coordination:
- Working with your adult children to see that they are organized and utilizing appropriate techniques
- Organizing family meetings to educate members of your family and to ensure collegiality and cooperation among the generations
- Ensuring that all members of your family are acting in concert regarding their planning, within the bounds of confidentiality
Family Philanthropy:
- Coordinating your charitable giving
- Identifying tax efficient assets for charitable giving
- Maintaining records of and tax returns for your private foundation
Cash Flow Planning and Bill Paying:
- Developing a cash flow plan for individuals and entities
- Coordinating all major cash transactions
- Paying all bills and providing periodic activity reports and bank reconciliations for monitored accounts
Risk Management:
- Reviewing property and casualty and life insurance coverage
- Assessing the adequacy of liquidity to meet anticipated and potential cash obligations
- Assessing concentration and counterparty risks in your investment portfolio
