High-Net-Worth Individuals & Families
Managing Complex, Multigenerational Wealth
Families with substantial wealth face unique challenges to protect and preserve their assets across multiple generations.
At Granite Harbor, our team of experts understanding these complexities and will work with you to develop a personalized strategy that addresses your comprehensive goals and concerns. With a diverse range of private equity and private insurance solutions along with a rigorous due diligence process, we provide distinctive opportunities to achieve more advantageous outcomes than traditionally available to most investors. Plus, we take a proactive and ongoing partnership approach to collaborating with CPAs and attorneys to optimize total wealth and free up your time to focus on what matters most to you.
A: Look for an independent, fiduciary firm with a proven track record of success working with high-net-worth families. Their team of advisors should have deep experience in complex wealth management and be committed to developing personalized strategies for each client. As part of their asset management solutions, providing access to a range of both public and private equity as well as private life insurance can provide distinctive advantages for diversification, fee efficiencies and growth opportunities for your wealth.
Choosing a firm that takes a proactive role in initiating and maintaining alignment with your CPA and attorney for a comprehensive wealth management plan is also important.
A: A comprehensive estate and tax plan is essential for protecting your family's wealth and minimizing taxes. With constantly changing tax laws and legislation, along with your evolving needs and assets, this requires open, proactive conversations with your wealth management team, often including a wealth management advisor, attorney and CPA.
Life insurance can also provide distinctive advantages as a tool to support tax and legacy goals, providing a tax shelter for wealthy families and supporting wealth accumulation, leverage and liquidity goals. Working with a specialized firm that understands how to properly design and fund policies for your advanced planning needs is essential and requires ongoing review and alignment.
A: High-net-worth individuals often have robust philanthropic ambitions and may need help structuring their giving to maximize impact and tax advantages. A knowledgeable financial firm can help you consider top charitable giving strategies, such as: