Philanthropy Philanthropy plays a pivotal role in the financial planning of many affluent individuals, especially those with high-net-worth. Often, these individuals allocate a significant portion of their wealth to philanthropic causes, sometimes even more than what they leave for their…

Transferring Wealth and Asset Disposition at Death The process of wealth transfer and asset disposition at death is crucial. This involves the movement of assets from the deceased to the beneficiaries. Proper planning is essential to ensure the assets are…

Gifting for Families and Others Transferring wealth process requires a thorough understanding of tax implications, family circumstances, the choice of assets to be gifted, and the structure and recipient of the gift. Estate Planning and Lifetime Gifts Lifetime gifts, also…

Wealth and Income Sources for Public Company Executives Public company executives and traditional wage earners have different sources of wealth and income. For instance, a CEO of a multinational corporation like Apple Inc. typically has a higher base salary as…

Economic Net Worth in Complex Family Situations The wealth management traditionally centers around standard family structures, it’s crucial to acknowledge the intricacies that emerge from non-traditional family structures. These complexities can stem from blended families, previous marriages, cohabitation, and diverse…

International Private Wealth Management International private wealth management is a crucial component of financial planning for individuals and families leading an international lifestyle. This lifestyle could be due to various factors such as personal, health, political, or professional reasons. For…

Performance Evaluation Performance evaluation plays a pivotal role in assessing the effectiveness of investment programs. It is bifurcated into two primary components: performance measurement and performance attribution. Performance measurement quantifies the overall results of an investment program, both in absolute…

Retirement Planning Retirement planning is a modern concept that encompasses both financial and social aspects. It is a crucial part of human flourishing, which involves physical, mental, and spiritual health, as well as social connections. Phases of Retirement Retirement planning…

Impact of Taxes on Risk and Return in Portfolio Management The influence of taxes on risk and return is a significant factor in portfolio management. This is particularly true for portfolios owned by individuals, families, and businesses that are not…

Asset Allocation Private clients can invest in both public and private markets. However, this discussion primarily focuses on public markets due to the complexity of modeling returns for private investments, which often have intricate fee structures including base fees, performance…