Learning Center

6 minutes read

Are We Mistaking Index Performance For Diversification?

Contributed by: Nicholas M. Brown, CFA, CFP® The S&P 500 has delivered strong performance over the past three years. After navigating inflation shocks, aggressive rate hikes, and recession concerns, it has rewarded investors who stayed disciplined. For many, that resilience reinforced a simple narrative: stay invested in the index and let compounding do the work. Yet 2025 introduced a quieter development. While…

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5 minutes read

Early-Year Tax Planning in a High-Rate, High-Deficit Environment

Contributed by: Timothy Smith, CFP® Why January–February Is the Most Important Tax Window of the Year The most important tax planning window of the year isn’t March or April. It’s January and February. In a high-rate, high-deficit environment—where federal debt continues to expand and future tax increases remain a realistic policy response—early-year tax strategy has become one of the most powerful…

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7 minutes read

Market Volatility and Estate Planning

Contributed by: Brian Sak, CFP®, CLU®, ChFC® Market volatility is often discussed as an investment concern. From an estate planning perspective, it is more accurately a valuation event. When asset prices fluctuate, the cost of transferring wealth changes, sometimes dramatically. For families with taxable estates, these periods can create opportunities to improve long term outcomes if they are deliberately…

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3 minutes read

Opening the back door to tax-free earnings

As covered in our 401(k) – Super Roth article, a Roth IRA offers an attractive tax benefit. But, what do you do if you do not have a 401(k) or your 401(k) does not allow post-tax contributions? The answer is the Backdoor Roth which is the conversion from a Traditional to a Roth IRA. Both the Super Roth and Back Door options are for people who exceed the income limits (single filers that make over $168,000…

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4 minutes read

Navigating a Job Transition

Mostly gone are the days where someone spends their entire career working for one company. Talented executives have become “free agents” and can transition between companies as needed. When planned, these job transitions can be an exciting time. Sometimes factors beyond our control force us to endure an unplanned job transition. This can add stress, usually at the worst possible time, as a variety…

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7 minutes read

Are Your Trusts Working as Intended?

Contributed by: Brian Sak, CFP®, CLU®, ChFC® For wealthy families, business owners, and executives—particularly those with complex estate plans—trusts are often a key component of multigenerational wealth transfer, asset protection, and tax minimization strategies. Yet too often, trusts are created, then left dormant or mismanaged. As a result, what was once a well-designed structure can quietly unravel. At…

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5 minutes read

Charitable Giving and Impact Investing in an Uncertain Economy

Contributed by: Timothy Smith, CFP® Economic uncertainty has a way of making even the most values-driven investors pause. When markets are volatile, inflation is persistent, and headlines feel relentlessly negative, charitable giving and impact investing are often the first areas questioned. Should generosity wait for more stable times? Does impact investing still make sense when returns feel less…

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11 minutes read

The Ultimate Guide to Private Market Investing

Getting Started with Private Markets as part of a Comprehensive Investment Strategy for Accredited Investors. Private Market Investing has become increasingly popular over the years as investors seek higher returns in a low-interest-rate environment and an alternative to the daily volatility of the public markets1. Private Markets can be a profitable venture for the right investor. While investing…

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7 minutes read

Year-End Succession Planning Checklist for Business Owners Closing the Books on 2025

Contributed by: Sam Gagne As 2025 draws to a close, many successful business owners are turning their attention to year-end financials; finalizing tax positions, assessing profitability, and preparing reports for key stakeholders. Amidst the routine financial housekeeping, there lies a more strategic and often overlooked priority: business succession planning. Succession planning is not a once in a…

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6 minutes read

Why Early Year-End Planning Matters for High-Net-Worth Families

Contributed by: Austin Manning, CFP® Why Early Year-End Planning Matters for High-Net-Worth Families The most effective year-end planning does not begin in December. It starts weeks earlier, when families still have the space to evaluate their financial picture in a thoughtful and coordinated way. Affluent families, business owners, and corporate executives understand that their financial lives are…

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8 minutes read

Your 2025 Guide to Year-End Tax Decisions for High-Income Households

Contributed by: Dale Shaw, CFP®, RICP® As the final quarter of 2025 draws to a close, households with significant income face a familiar but often underused opportunity: proactive year-end tax planning. While the demands of business, family, and holiday schedules can understandably take center stage, those in higher tax brackets often stand to benefit the most from timely financial decisions made before…

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6 minutes read

Beyond the Headlines: Financial Planning Lessons from Government Shutdowns

Contributed by: Pijus Bulvinas, CFP® Every few years, the headlines return with a familiar sense of urgency: “Government Shutdown Looms.” For many Americans, this signals little more than a political standoff. But for others such as federal employees, contractors, and business owners with government clients, it can mean something far more personal: income disruption, operational uncertainty, and financial…

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12 minutes read

Tax Planning with Family Limited Partnerships (FLPs)

Authored by: Brian W. Sak, CFP®, CLU®, ChFC® For successful business owners and wealthy families, few tools offer the combination of control, tax efficiency, and estate planning flexibility that a Family Limited Partnership (FLP) can provide. But with that power comes complexity—and more than a few misconceptions. Used properly, FLPs enable families to retain control over significant assets, compress…

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6 minutes read

Liquidity Resilience

Contributed by: Dale Shaw, CFP®, RICP® Introduction: The Illusion of Liquidity Wealth is not always synonymous with flexibility. For many high-net-worth families—particularly those with significant holdings in private equity, real estate, or closely held businesses—net worth often includes assets that are valuable on paper but illiquid in practice. When markets are calm and capital is abundant, this…

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7 minutes read

Tax-Efficient Strategies for Selling a Business

For business owners who may have worked for decades to build up their companies, deciding to sell the business can be an emotional process. But it’s also a practical one where savvy business owners need to find ways to minimize the tax implications of selling a business to benefit themselves and other stakeholders. There are a number of strategies, particularly during the planning stage and the sales…

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6 minutes read

What Dogs Teach Us About Money

Contributed by: Pijus Bulvinas, CFP® It might seem unlikely that your Labrador’s early morning routine or your shepherd’s unflinching loyalty could offer lessons in financial stewardship, but they do. In a world driven by urgency, volatility, and short attention spans, our four-legged companions offer a powerful counterpoint: consistency, discipline, and perspective. These aren’t just characteristics…

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7 minutes read

The Hidden Risks of Entrepreneurship for High-Net-Worth Individuals

Contributed by: Caleb Christian, CFP®, CLU®, ChFC® Entrepreneurship is often portrayed as the ultimate path to independence, control, and wealth creation. For many high-net-worth individuals, especially those who have built their wealth through business ownership, the rewards of entrepreneurship are clear. But what is often less acknowledged—and far less glamorized—are the persistent risks that continue…

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6 minutes read

Are Your Investments in the Right Place?

Contributed by: Nicholas Brown, CFA, CFP In wealth management conversations, the focus often lands on asset allocation, market performance, or investment selection. Yet one of the most influential drivers of long-term after-tax wealth has nothing to do with the market at all—it’s how your investment accounts are structured. Most high-income earners and affluent families hold a combination of retirement…

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4 minutes read

Understanding the Qualified Business Income Deduction

What is the Qualified Business Income Deduction? The Qualified Business Income (QBI) Deduction is a tax provision introduced under the Tax Cuts and Jobs Act (TCJA) of 2017. This deduction, available under Section 199A, allows eligible taxpayers to deduct up to 20% of their qualified business income from their taxable income. The purpose of this provision is to provide a tax break to small business…

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9 minutes read

Managing Your 401(k) After Job Transition: Key Considerations & Advanced Tax Strategies

What to do with Your 401(k) after Leaving a Job: Key Considerations & Advanced Tax Strategies When navigating a job transition, whether entering retirement or an unexpected layoff, one crucial aspect that requires careful consideration is what to do with your 401(k) plan. Making informed choices is of utmost importance to safeguard your financial future. By taking stock of your existing plan and…

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4 minutes read

The Tax Equation in Business Succession

Authored by: Brian Sak, CFP®, CLU®, ChFC® When it's time to transition a business, the structure of the deal matters just as much as the successor. Whether passing it to family, selling to key employees, or exiting through a third-party sale, each strategy carries its own tax implications—some immediate, others long-term. This article outlines the most common succession techniques, the tax challenges…

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7 minutes read

The Cost of Doing Nothing

Contributed by: Dale Shaw, CFP®, RICP® There’s a common misconception among high-net-worth families and successful business owners: if the market is quiet and the balance sheet looks strong, doing nothing might be the safest move. After all, isn’t inaction better than a misstep? It’s a comforting idea — but a dangerous one. The truth is that wealth erosion rarely announces itself with a dramatic event.…

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3 minutes read

Understanding Premium Financing: A Strategic Approach to Wealth Building

Understanding Premium Financing Premium Financing represents a sophisticated financial strategy that involves the procurement of a bank loan to pay for insurance premiums. This approach is particularly advantageous for high-net-worth individuals seeking to preserve their use of capital in other areas, while securing desired life insurance coverage for liquidity planning. The Mechanics of Premium Financing Premium…

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5 minutes read

The Pros and Cons of Roth Conversions

Contributed by: Dale Shaw, CFP, RICP As wealth advisors, one of the most common questions we address involves the value of Roth conversions as part of a comprehensive financial strategy. While Roth conversions can be a powerful tool for tax efficient retirement planning, they are not a one size fits all solution. It’s essential to weigh the advantages and disadvantages carefully, considering your unique…

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7 minutes read

Understanding Restricted Stock Units: Strategic Considerations for High-Income Professionals

Contributed by: Caleb Christian, CFP®, CLU®, ChFC® For many corporate executives and key employees at oil & gas companies such as BP, Chevron, or Shell, compensation extends beyond salary and annual bonuses. Increasingly, companies are using Restricted Stock Units (RSUs) as part of long-term incentive plans. While RSUs can represent a substantial portion of total compensation, they also carry complexities—particularly…

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6 minutes read

The "Big Beautiful Bill": Reshaping Charitable Legacy Planning

Contributed by: Timothy Smith, CFP® In the world of wealth planning, quiet legislative changes often have an outsized impact on how families and business owners structure their estates, minimize taxes, and leave a legacy. The “Big Beautiful Bill” is a prime example. Though its title may sound casual, the potential implications for charitable legacy planning are anything but. Designed to modernize and…

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5 minutes read

Unlocking the Potential of 1031 Exchanges for Real Estate

Contributed by: Pijus Bulvinas, CFP & Richard Dorfman, Vice President, SRS Real Estate Partners Real estate investors are constantly seeking ways to maximize their returns while minimizing their tax liabilities. For those looking to sell appreciated property without incurring significant capital gains taxes, the 1031 exchange offers a powerful solution. Named after Section 1031 of the Internal…

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5 minutes read

Income Strategies for Retiring Executives

Contributed by: Austin Manning, CFP Retirement planning for corporate executives involves far more than deciding when to exit the workforce. With deferred compensation packages, concentrated stock positions, non-qualified plans, and golden parachutes in the mix, the path to financial independence is layered with complexity. One often overlooked tool in managing this transition is the annuity – a word…

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5 minutes read

Reconsidering Life Insurance

Contributed by: Caleb Christian, CFP, CLU, ChFC Reconsidering Life Insurance: Seven Misunderstandings Wealthy Families Should Avoid Among individuals with significant wealth, life insurance is often viewed as unnecessary. With assets sufficient to cover family needs, taxes, and liabilities, the assumption is that life insurance serves little purpose. Yet this view overlooks how insurance can function…

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6 minutes read

Inheritance or Legacy?

It takes no planning to leave an inheritance, you just have to pass away owning something. However, most wealthy families are more interested in leaving a legacy, which does require significant thought and planning. The Dilemma John has worked his entire life to achieve success in both his personal and professional life. He wanted nothing more than to create the best life for his loved ones, and worked…

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9 minutes read

Choosing Investment Options When Focusing on Estate Planning and Passing Down Invested Assets

Contributed by: Tom Kelley, MBA Estate planning is a critical element of wealth management, particularly for individuals and families aiming to preserve and transfer wealth across generations. Selecting the right investment options plays a pivotal role in supporting the preservation of financial legacies while mitigating tax liabilities and legal complexities. When aligned with a comprehensive estate…

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3 minutes read

2025 Estate and Gift Tax Updates You Need to Know

Authored by: Brian W. Sak, CFP®, CLU®, ChFC® In a significant update for estate planning and wealth management, the Internal Revenue Service (IRS) has announced an increase in the estate and gift tax exemption for 2025. The exemption amount will rise to $13.99 million per person, up from $13.61 million in 2024. Additionally, the annual exclusion gift tax limit will rise to $19,000 per individual up…

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6 minutes read

Understanding Net Unrealized Appreciation (NUA) for Oil & Gas Executives 

Contributed by: Tom Kelley, MBA As an executive in the oil and gas industry, particularly for leading companies like ConocoPhillips, Exxon, or BP, strategic financial planning is essential to managing your wealth effectively. One powerful tool that may be available to you is Net Unrealized Appreciation (NUA), a tax strategy that could significantly enhance your retirement distribution plans. In this…

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3 minutes read

Tax Efficient Wealth Strategies for High-Net-Worth Individuals

Contributed by: Austin Manning, CFP For high-net-worth individuals (HNWIs), effective wealth management requires more than just growing investments. Preserving wealth often hinges on mitigating tax liabilities, ensuring that more of your assets can be allocated toward personal goals, family needs, and legacy planning. With increasing complexity in the tax code, proactively adopting tax-efficient strategies…

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6 minutes read

Summer Strategies: Financial Planning Tips for a Season of Smart Spending

Contributed by: Pijus Bulvinas, CFP As summer approaches, so does a subtle shift in mindset. For many families, business owners, and executives, the season offers a temporary pause – a time for travel, leisure, and reflection. Yet this shift in pace also presents a unique opportunity to recalibrate your financial plan. While the warm months invite relaxation, they also reward those who remain intentional…

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3 minutes read

The Importance of Customized Financial Planning

Contributed by: Austin Manning, CFP For high-net-worth individuals, achieving financial success is only the beginning. Preserving and growing wealth, mitigating risk, and ensuring a lasting legacy require a strategic and customized approach to financial planning. While cookie cutter solutions, AI tools, and robo-investor support may work for the average investor, affluent individuals often require…

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6 minutes read

The Illusion of Urgency: How Sensational News May Skew Smart Investing

The media cycle is relentless. From morning talk shows to 24-hour business news, there’s a constant drumbeat of market commentary that can rattle even the most seasoned investors. On one screen, there’s a warning about an impending recession. On another, a pundit claims this year’s “must-own” stock is already doubling in value. For investors trying to protect and grow their wealth, this information…

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5 minutes read

Planning for Retirement in a Private Markets World

Contributed by: Dale Shaw, CFP For many high-net-worth families and successful business owners, the traditional rules of retirement may no longer apply. Portfolio models built exclusively on stocks, bonds, and annuities may still serve a purpose, but they are increasingly insufficient for those seeking more control, higher income potential, and better protection from volatility and taxes. The investment…

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4 minutes read

The Importance of Financial Literacy for the Next Generation

Contributed by: Pijus Bulvinas, CFP Financial literacy has long been a cornerstone of individual and family success. Yet, as financial markets grow more complex and life expectancy increases, equipping the next generation with financial knowledge has never been more critical. This isn’t a matter of teaching children to save their allowance; it’s about preparing them to navigate an intricate web of…

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6 minutes read

Balancing Growth and Preservation in a Portfolio

Contributed by: Austin Manning, CFP In today’s shifting economic environment, successful wealth management requires more than simply choosing investments that “perform.” It demands an intentional balancing act — between growing assets to meet future goals and preserving the wealth already built through years of effort, risk, and success. For affluent families, corporate executives, and business owners,…

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4 minutes read

The Bumpy Road to the Market’s Long-Term Average

Since 1926, the U.S. stock market has served as a powerful engine of wealth creation, delivering an average annualized return of approximately 10%. While this long-term performance is encouraging, it's important for investors to understand that these returns are not delivered in a straight line. In fact, they mask a wide range of outcomes that investors have experienced from year to year. The Reality…

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5 minutes read

The Emotional Side of Business Succession Planning

Contributed By: Tom Kelly, MBA For many business owners, their company is more than an asset—it is a legacy. It represents years, often decades, of hard work, sacrifices, and deep personal investment. As a result, succession planning is not just a financial or operational decision; it is an emotional one. While the technical aspects of business transition—valuation, tax strategies, legal structures—are…

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5 minutes read

How to Structure Family Trusts for Enhanced Legal Protection

Contributed By: Caleb Christian, CFP, CLU, ChFC Family trusts play a critical role in preserving wealth across generations, mitigating legal risks, and supporting financial security goals for beneficiaries. However, the effectiveness of a family trust depends on how it is structured. An improperly designed trust may expose assets to unnecessary taxation, legal disputes, or creditor claims. For high-net-worth…

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5 minutes read

The Role of Asset Allocation During Volatile Markets

Contributed By: Pijus Bulvinas, CFP Periods of market volatility often generate unease for even the most seasoned investors. News cycles filled with uncertainty and swiftly changing market conditions can trigger emotional decision making, leading to actions that may harm long-term financial outcomes. During these times, one principle has consistently proven its importance: disciplined asset allocation. Asset…

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6 minutes read

Core Estate Planning Documents Everyone Should Have

Contributed By: Brian Sak, CFP, CLU, ChFC Estate planning is often viewed as a task to be handled "later." For many successful individuals and families, it’s easy to deprioritize because it involves difficult conversations—about incapacity, mortality, and control. Yet, the absence of a structured plan doesn’t defer those outcomes. It simply removes your voice from them. At Granite Harbor Advisors,…

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6 minutes read

New IRS Rules on Donor-Advised Funds

Contributed By: Tim Smith, CFP New IRS rules on donor-advised funds could reshape charitable giving strategies for high net worth families. Philanthropy has long been a cornerstone of wealth stewardship among high net worth families. Whether motivated by a commitment to legacy, community impact, or tax efficiency, charitable giving plays a critical role in many estate and financial planning strategies.…

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5 minutes read

Navigating the Volatility of Financial Markets: Strategies for High-Net-Worth Individuals

Authored by: Austin Manning, CFP Market volatility is an unavoidable reality for investors, particularly high-net-worth individuals (HNWIs) who have substantial assets exposed to financial fluctuations. While these shifts can create unease, they also bring potential for reassessment and repositioning within a well-structured investment framework. Addressing market turbulence effectively requires a…

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5 minutes read

The Hidden Risks of DIY Investment Management for High-Net-Worth Individuals

Contributed by: Dale Shaw, CFP, RICP For high-net-worth individuals, managing investments independently might seem like a cost saving strategy. However, without professional oversight, even the most financially savvy individuals can fall into costly traps. Investment mismanagement can lead to missed opportunities, excessive risk exposure, and significant tax inefficiencies. Here’s why DIY investing…

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7 minutes read

Trades Tariffs - The Good, The Bad, & The Ugly

Authored by: Nicholas M. Brown, CFA, CFP In their 2016 book War By Other Means, Robert Blackwill and Jennifer Harris argue that the United States has historically lagged in leveraging economic tools to achieve political objectives. That same year, the country elected a president who made economic policies—particularly trade tariffs—a central pillar of his foreign policy approach. As President Trump…

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8 minutes read

Tariffs, Tightening, and Turbulence: Unpacking Market Uncertainty in the Face of Shifting Policy

Authored by: Nicholas M. Brown, CFA, CFP In recent weeks, the conversation dominating the financial headlines has centered on tariffs—and whether or not they will ultimately be implemented. Initially perceived by many as a tactical move—a bargaining chip in the administration’s broader agenda, which includes border security, trade rebalancing, and domestic manufacturing support—tariffs have quickly…

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5 minutes read

Don’t Let Tariffs Derail Your Long-Term Strategy: What Investors Should Do Now

Authored By: Brian Sak, CFP, CLU, ChCF In early 2025, a new wave of tariff policy updates has unsettled global markets. As trade rhetoric intensifies between the United States and major economies—including China and the European Union—investors are once again contending with heightened volatility, fluctuating commodity prices, and geopolitical uncertainty. While headlines focus on the noise of tariffs…

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6 minutes read

Tax Reform Under a Republican Led Congress and Presidency

Authored by: Brian W. Sak, CFP, CLU, ChFC With a Republican administration and Congress in power, potential tax reform measures could significantly impact high-net-worth individuals, small business owners, and corporate executives. While the specific proposals remain uncertain, historical legislative priorities offer insight into the possible changes on the horizon. This article explores the key areas…

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3 minutes read

The Role of Private Equity in Business Transitions

Contributed by: Tom Kelley, MBA For many business owners, transitioning a company—whether through sale, succession, or strategic restructuring—is one of the most significant milestones of their professional and financial lives. This process often involves navigating complex decisions about legacy, value realization, and future growth. Private equity (PE) can play a critical role in facilitating these…

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3 minutes read

The Role of Trusts in Estate Planning

Contributed by: Austin Manning, CFP Estate planning is an essential component of managing and preserving wealth, particularly for families, business owners, and executives with significant assets. Among the many tools available, trusts stand out as a versatile and effective way to protect, manage, and transfer wealth in alignment with your wishes. Understanding the role of trusts in estate planning…

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3 minutes read

Planning for Intergenerational Wealth with Intentionality

For many families with significant wealth, creating a lasting legacy that benefits future generations is a paramount goal. Intergenerational wealth planning goes beyond simply transferring assets—it requires a thoughtful approach to ensure that your values, priorities, and financial strategies align to serve your family well over time. At Granite Harbor Advisors, we believe intentionality is a cornerstone…

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3 minutes read

Understanding the Risks and Benefits of Self Insurance

Contributed by: Caleb Christian, CFP, CLU, ChFC For successful individuals and business owners, self insurance can seem like an appealing alternative to traditional insurance. By taking on the financial responsibility of covering potential losses rather than transferring risk to an insurance provider, self insurance may offer greater control and cost savings—but it also comes with significant risks.…

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4 minutes read

Collaborative Philanthropy: Working With Other Wealthy Families

Contributed by: Timothy B. Smith, CFP For many high-net-worth families, philanthropy is not just a way to give back—it’s an opportunity to leave a legacy and create meaningful change. Increasingly, families are discovering the power of collaborative philanthropy, where they partner with other wealthy families to amplify their collective impact. At Granite Harbor Advisors, we understand that successful…

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4 minutes read

Relocating Your Tax Home: A Guide to Changing State Domicile

Contributed by: Dale Shaw, CFP, RICP In today’s increasingly mobile world, high-net-worth individuals often find themselves weighing the benefits of relocating to a state with more favorable tax laws. While the prospect of saving on state income taxes, property taxes, or estate taxes is appealing, changing your state domicile requires careful planning. This guide highlights the possible substantial…

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3 minutes read

How to Avoid Probate: Effective Estate Planning Tips

Contributed by: Brian W. Sak, CFP, CLU, ChFC Probate is often a time consuming and costly process that can create unnecessary stress for your loved ones. For families and individuals with significant assets, avoiding probate is a strategic way to facilitate a smoother transition of wealth. By incorporating thoughtful estate planning techniques, you can protect your heirs, preserve privacy for the family,…

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4 minutes read

How to Ensure Business Continuity After Your Exit

Contributed by: Tom Kelley, MBA For many business owners, their company represents years of dedication, vision, and effort. Planning for the continuity of your business after your exit is not just about protecting your legacy; it’s about ensuring the stability of the company, the well-being of its employees, and the financial security of your family. Yet, many entrepreneurs delay this critical planning…

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3 minutes read

Private Aviation: Leasing vs. Purchasing Aircraft

Private aviation is often seen as the ultimate symbol of success, efficiency, and convenience. For individuals and families with significant wealth, the decision to use private aviation is less about luxury and more about optimizing time, ensuring safety, and maintaining privacy. Yet, a critical question remains: should you lease or buy a private aircraft? This article explores the key considerations…

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4 minutes read

Managing Risks Associated with Real Estate Investment

Contributed by: Caleb Christian, CFP, CLU, ChFC Real estate has long been a cornerstone of wealth building strategies for investors, offering the potential for income generation, capital appreciation, and diversification. However, like any investment, it is not without its risks. Managing these risks effectively requires a proactive approach and careful planning to safeguard your wealth and optimize…

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5 minutes read

Structuring Donor Advised Funds for Maximum Impact

Contributed by: Timothy B. Smith, CFP Charitable giving is a core value for many high-net-worth families, corporate executives, and small business owners. Whether driven by a desire to leave a legacy, engage the next generation in philanthropy, or simply support causes they care about, strategic charitable planning allows individuals to maximize their impact while taking advantage of significant tax…

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6 minutes read

The Trade Off Between Basis Adjustment and Estate Taxation

Contributed by: Brian W. Sak, CFP, CLU, ChFC For high-net-worth individuals, preserving family wealth across generations often involves balancing two competing priorities: minimizing estate taxes and maximizing the capital gains tax benefits through a basis adjustment. These two objectives frequently intersect, particularly when deciding whether to leave assets in an estate or transfer them into a…

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3 minutes read

Charitable Giving Through Investments: Benefits and Impact

Authored by: Nicholas M. Brown, CFA, CFP As 2024 draws to a close, many investors find themselves in a fortunate position. The markets have delivered a year of solid growth, and many portfolios could be brimming with appreciated securities. While this success is worth celebrating, it also creates an opportunity to reassess philanthropic strategies. One powerful option is donating highly appreciated…

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4 minutes read

How Annuities Can Transform Your RMD Strategy

Authored by: Tom Kelley, MBA The SECURE 2.0 Act, signed into law in December 2022, introduced significant updates to retirement planning rules, including changes to required minimum distributions (RMDs). These adjustments offer retirees more flexibility to manage their savings effectively while opening new opportunities for incorporating annuities into retirement plans. Among these, annuities stand…

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4 minutes read

Planning for Educational Investments for Future Generations

Investing in the education of future generations is one of the most impactful legacies a family can create. For many affluent families, this means going beyond standard savings plans and exploring sophisticated strategies that ensure educational goals are met while maintaining financial stability. Granite Harbor Advisors understands the unique challenges and opportunities of educational planning, and…

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5 minutes read

How to Use a Family Office to Unify Wealth and Governance 

Contributed by: Pijus Bulvinas, CFP For families with significant wealth, managing financial, legal, and operational complexities can feel like juggling a set of constantly moving priorities. The stakes are high—not just for protecting wealth but for maintaining family harmony and ensuring that your wealth aligns with your values and long term goals. This is where a family office becomes indispensable. A…

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5 minutes read

Understanding Tax Thresholds

Authored by: Dale Shaw, CFP, RICP As your wealth grows, so does the complexity of your financial obligations. One of the most significant and often misunderstood aspects of financial planning is navigating tax thresholds. These thresholds, the income levels at which specific tax rates or rules apply, play a pivotal role in determining your overall tax liability. For high-net-worth individuals, business…

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5 minutes read

How to Create a Strategic Giving Plan Aligned with Your Values

Contributed by: Timothy B. Smith, CFP® Strategic giving allows families, business owners, and executives to maximize the effectiveness of their contributions, create a lasting legacy, and experience the fulfillment of purposeful generosity. At Granite Harbor Advisors, we understand the complexities of wealth management and the unique considerations of high-net-worth individuals when it comes to charitable…

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6 minutes read

Tax Loss Harvesting in a Positive Market

Contributed by: Nicholas M. Brown, CFA, CFP 2024 is shaping up to be another banner year for equity investors, with the S&P 500 up over 20% for the year at the time this article was written. To the extent those gains occur in accounts with capital gains exposure, a positive market could also create the possibility for significant tax liability. One way to address capital gains exposure is through…

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5 minutes read

How to Pass on a Family Business to the Next Generation

Contributed by: Tom Kelley, MBA For many families, a business is not just a source of income; it is a legacy. Successfully passing on a family business to the next generation involves more than a handshake or an informal agreement. It requires intentional planning, strategic preparation, and a focus on preserving family harmony while ensuring the business remains strong and sustainable. At Granite…

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6 minutes read

Building Liquidity into a High-Net-Worth Portfolio

Contributed by: Austin Manning, CFP® High-net-worth (HNW) individuals often face unique financial challenges. A key consideration among these is liquidity—ensuring access to cash or liquid assets when unexpected opportunities or emergencies arise. While a robust portfolio typically includes a mix of investments designed for growth, income, and preservation, building liquidity is essential for both…

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6 minutes read

(eCLAT): Combining Philanthropy with Wealth Transfer Strategies

Contributed by: Brian W. Sak, CFP®, CLU®, ChFC® For high-net-worth individuals seeking to balance charitable giving with strategic wealth transfer, the Enhanced Charitable Lead Annuity Trust (eCLAT) is a powerful tool. This sophisticated strategy enables donors to make substantial contributions to charity while preserving and growing wealth for their families. By incorporating life insurance into a…

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5 minutes read

How to Prepare Your Business for Sale: 10 Tips for Success

Contributed by: Pijus Bulvinas, CFP® and Sam Breske, Director, Affinity Ventures If you are getting ready to sell your business or believe that a sale may be on the horizon in the next several years, it is crucial to plan accordingly. Proper planning and preparation for the sale of your business can significantly impact the success and profitability of the transaction. Here are 10 steps to consider…

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5 minutes read

Planning for Luxury Real Estate Purchases

Luxury real estate represents not just a home but also a significant investment, a statement of personal style, and often a strategic component of a broader wealth management plan. For high-net-worth individuals, the purchase of a luxury property can be both exciting and complex. To ensure the process aligns with your financial goals and avoids costly mistakes, a comprehensive plan is essential. At…

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4 minutes read

Navigating the Secure 2.0 Act's Higher Catch-Up Limits

Authored by: Dale Shaw, CFP®, RICP® Beginning in 2025, the annual contribution limits to 401(k) plans, 403(b) plans, governmental 457 plans, and the federal government’s Thrift Savings Plan will increase to $23,500. The age 50+ catch up contribution will be $7,500. Also, the SECURE 2.0 Act introduces a higher catch up contribution for those between the ages of 60-63 bringing their catch up contribution…

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6 minutes read

The Benefits of Establishing a Private Foundation

Contributed by: Timothy B. Smith, CFP® In the world of philanthropy, private foundations hold a unique and esteemed position, offering wealthy donors, philanthropists, and nonprofit leaders an avenue to maximize their charitable impact. Establishing a private foundation is an important strategic move that provides lasting benefits to society and personal legacy. This article explores the many advantages…

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7 minutes read

Adapting to Interest Rate Changes

Authored by: Nicholas M. Brown, CFA, CFP® Investors are navigating a unique economic landscape today, characterized by declining interest rates alongside a yield curve that seems to be shifting from an inverted state to a more typical configuration. It's a much different environment than even just 12 months ago. Understanding the dynamics of this environment and its implications for different asset…

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4 minutes read

Valuing Your Business for Succession and Sale

Contributed by: Tom Kelley, MBA In the dynamic world of business, preparing for succession or sale demands a meticulous approach, with business valuation standing out as a critical component. Accurately valuing your business not only sets realistic expectations but also lays the foundation for a successful transition. Here, we review the importance of accurate business valuation and explore key principles…

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3 minutes read

Wealth Preservation in Times of Political Uncertainty

Contributed by: Austin Manning, CFP® In today's rapidly changing political climate, high net worth individuals and investors face unique challenges when it comes to preserving wealth. The strategies outlined below are potential financial planning and wealth management solutions to safeguard assets amidst uncertainty. Proper Diversification of Asset Classes Diversification is a fundamental strategy…

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4 minutes read

Navigating Business Exit Planning: What Are My Options?

For business owners contemplating their next steps, understanding and evaluating exit options is crucial. This article explores the fundamentals of exit options analysis, emphasizing its significance and exploring the two primary categories for private ownership transitions: "inside" and "outside" strategies. The Essence of Exit Options Analysis Exit options analysis is not simply a checklist of potential…

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5 minutes read

Educating the Next Generation on Financial Responsibility

Contributed by: Pijus Bulvinas, CFP® In today's rapidly changing economic landscape, financial education has become more critical than ever for the next generation. With challenges such as rising student loans, economic uncertainty, and an increasingly complex financial world, it is imperative for young people to develop a strong foundation of financial literacy early on. By equipping children and…

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4 minutes read

Business Continuity Planning for Entrepreneurs: Securing Your Future

Contributed by: Caleb Christian, CFP®, CLU®, ChFC® In the dynamic world of entrepreneurship, the resilience of your business is just as crucial as its growth. Business continuity planning (BCP) is an essential strategy that ensures your business can weather unforeseen disruptions. For entrepreneurs and small business owners, a robust business continuity plan is not just a safeguard—it's a strategic…

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5 minutes read

How to Align Philanthropy with Personal Values

Contributed by: Timothy Smith, CFP® In the current landscape, philanthropy offers a significant opportunity for individuals to make a meaningful impact within their communities and beyond. To maximize the benefits of charitable giving, it is essential that these endeavors align with one's personal values and long-term goals. With over 25 years of experience in financial planning and philanthropy, I…

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5 minutes read

Election Year Markets

Authored by: Nicholas M. Brown, CFA, CFP® We are just a few short days away from Election Day, where the United States will elect its next President, the entire House of Representatives, and a third of the US Senate seats. This election cycle has seen a swirl of political activity unlike any other previous election cycle. It is not uncommon for election seasons to bring uncertainty, speculation, and…

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10 minutes read

Generation Skipping Tax (GST) Simplified: Pitfalls and Planning Opportunities

Contributed by: Brian Sak CFP®, CLU®, ChFC® Navigating the seemingly endless tax regulations can feel daunting, especially for high-net-worth families and business owners striving to preserve and protect generational wealth. According to the book "Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values", 90% of family wealth is dissipated by the third generation. Ineffective…

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4 minutes read

Using Buy-Sell Agreements to Protect Your Business

Contributed by: Tom Kelley, MBA In the dynamic world of business, continuity and stability are paramount. Business owners often face the challenge of safeguarding their enterprise against unforeseen events that can disrupt operations. One of the most effective tools in ensuring business continuity is the buy-sell agreement. This strategic legal document is essential for protecting your business from…

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4 minutes read

Navigating the Rise of Historically Large IRA Balances

Authored by: Austin Manning, CFP® In recent years, the financial landscape has witnessed a significant uptick in the size of Individual Retirement Accounts (IRAs), with balances reaching unprecedented levels in 2024. This trend is not just a statistical anomaly but a reflection of several contributing factors that have converged to shape retirement planning in profound ways. Factors Driving Growth…

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5 minutes read

Navigating the Complexities of Medicare and the IRMAA Surcharge in 2024

Contributed by: Dale Shaw, CFP®, RICP® High-income earners face a pivotal aspect of their retirement planning—understanding and managing the Income-Related Monthly Adjustment Amount (IRMAA) surcharge associated with Medicare. This surcharge, which can significantly increase Medicare costs, is a crucial consideration for those in higher income brackets. This article aims to demystify the nuances of…

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6 minutes read

You've Agreed to Sell Your Business. What's Next?

By: Brian Sak CFP®, CLU®, ChFC® Selling your business is a monumental milestone, often accompanied by a wave of emotions and critical financial decisions. For many exiting business owners, this moment represents both the culmination of years of hard work and the start of a new chapter. But what happens after you've shaken hands on the deal? In this comprehensive guide, we'll walk you through the essential…

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8 minutes read

Charitable Planning: A Strategic Avenue for Philanthropic Impact and Wealth Management

Contributed By: Timothy Smith, CFP Charitable planning stands as a cornerstone in the realm of wealth management, offering affluent individuals and families a pathway to leave a lasting impact on society while simultaneously optimizing their tax strategy. A charitable approach can provide substantial benefits, including tax relief, income generation, and most importantly, legacy preservation. Some…

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5 minutes read

Mitigating Estate Tax: The Role of Spousal Lifetime Access Trusts (SLATs)

Contributed by: Brian W. Sak, CFP®, CLU®, ChFC® In the complex world of estate planning, the Spousal Lifetime Access Trust (SLAT) can be an attractive strategy for married, high-net-worth couples looking to manage taxes, preserve wealth, and transfer assets across generations. Understanding a SLAT's benefits is crucial for those aiming to secure their family's financial future. This knowledge is vital…

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5 minutes read

Qualified Small Business Stock (QSBS)

Qualified Small Business Stock (QSBS) presents a significant opportunity for investors seeking to minimize tax liabilities while supporting small businesses. Established under Section 1202 of the Internal Revenue Code, QSBS offers unique tax incentives that can be highly beneficial for both entrepreneurs and investors. This article will provide an in-depth look at what QSBS is, how it functions, who…

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8 minutes read

The Importance of Life Insurance in Retirement Planning During the Great Wealth Transfer

The “Great Wealth Transfer” refers to the monumental shift of wealth from the Baby Boomer generation to its heirs. Over the next few decades, an estimated $84 trillion will be transferred to younger generations. This unprecedented movement of assets presents opportunities, but also challenges, for families seeking to secure their financial futures through the seamless transfer of wealth from one generation…

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5 minutes read

Supreme Court's Decision in Connelly v. United States: Implications for Business Owners with Buy/Sell Agreements

On June 13, 2024, the Supreme Court delivered its decision in Connelly v. United States, a landmark case that has significant implications for business owners with entity redemption buy/sell agreements. This ruling has reshaped the landscape of estate tax calculations and necessitates careful consideration of alternative structures for buy/sell agreements and life insurance policy ownership. Below…

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9 minutes read

The Great Wealth Transfer is Underway: Navigating New Frontiers in Retirement

The impending transfer of wealth from Baby Boomers to Millennials and Gen Z is not just an unprecedented shift in economic power, estimated at $84.4 trillion by the year 2045, but also a crucial lifeline for the latter generations who are navigating through a vastly different and more challenging economic landscape than their predecessors. Unlike the Boomers, Millennials and Gen Z have been grappling…

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9 minutes read

Navigating the Complexities of 280G Regulations in Mergers and Acquisitions

In the journey of any business, the strategic steps of mergers and acquisitions (M&A) stand as pivotal moments that can shape the company's path for years to come. For those entering this field, it's crucial to grasp that every move carries significant weight. Even a minor action can trigger a tax consequence under Section 280G of the Internal Revenue Code, impacting founders, executives, and key…

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6 minutes read

Ensuring Your Legacy through Estate Planning: Preparing for the Inevitable

During a recent estate plan meeting, one of our most trusted partner estate attorneys shared a thought that deeply resonated with us and our clients. She emphasized, "Leaving your family without a plan in place is one of the most inconsiderate things you could do." We couldn't agree more. When a loved one passes away without a proper plan, it can cause significant stress, unintended burdens, and consequences…

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5 minutes read

Tips for Increasing the Benefits and Tax Breaks of Health Savings Accounts (HSAs)

In the complex world of healthcare finance, one tool often stands out for its versatility and tax advantages - the Health Savings Account (HSA). HSAs are tax-advantaged medical savings accounts available to taxpayers enrolled in high-deductible health plans. But beyond being merely a savings tool, the HSA, when used strategically, can offer significant financial benefits. This guide will provide valuable…

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5 minutes read

Navigating the Alternative Minimum Tax Changes: A Comprehensive Guide for High Income Earners

Navigating the Alternative Minimum Tax Changes: The landscape of taxation is complex, and it becomes even more intricate when it comes to high income earners. One such complexity is the Alternative Minimum Tax (AMT), a tax system designed to ensure that wealthier taxpayers pay a minimum amount of tax, regardless of the deductions and credits they may claim. With the changes brought about by the Tax…

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5 minutes read

Financial and Estate Planning for High-net-Worth Individuals with a Blended Family

In the intricate realm of financial and estate planning, an additional layer of complexity arises when dealing with high-net-worth individuals who have blended families. The challenge lies in striking a delicate balance between the financial needs and goals of each family member, while also ensuring that wealth is strategically managed and preserved for future generations. This blog post aims to illuminate…

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6 minutes read

Navigating Complex Tax Regulations for High-Net-Worth Individuals

Navigating Complex Tax Regulations for High-Net-Worth Individuals When it comes to tax planning, high net worth families must pay adequate attention to three distinct taxes on their wealth: income tax, capital gains tax, and estate tax. Understanding and managing these taxes effectively is not only a requirement but also a strategic move to safeguard wealth and ensure future financial health. This…

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7 minutes read

Empowering Your Estate: The Dynamic Partnership of Estate Planning Attorneys & Wealth Advisors

The Dynamic Partnership of Estate Planning Attorneys & Wealth Advisors Co-Author – Amy R. Koontz, Attorney at Malouf Nakos Jackson & Swinson, P.C. As American retirees prepare to transfer a staggering $36 trillion over the next 30 years to families, friends, and charitable organizations upon death1, it’s critical to understand that a seamless transfer of wealth requires more than just a will.…

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7 minutes read

Maximizing Real Estate Returns in Texas

Maximizing Real Estate Returns in Texas: Investment Strategies & Ownership With Texas's changing property tax landscape, real estate is becoming an increasingly attractive asset class. Discover if and how real estate may fit within your investment portfolio. In 2023, Governor Abbott signed one of the most significant property tax cuts in American history, officially using $18 billion of the state’s…

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5 minutes read

Maximizing Tax-Advantaged Wealth: Creating Strategic Partnerships Between CPAs & Wealth Advisors

One of the most significant threats to the long-term success of wealth accumulation, particularly for high-net-worth individuals, is the burden of taxes. The question to all finance professionals, from CPAs to wealth advisors, is simple: What steps can we take now to proactively help maximize wealth and minimize tax burdens in the future? Often, these strategies require the partnership of a CPA and…

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6 minutes read

Secure Your Business Legacy: The Power of Buy-Sell Agreement Planning for Business Owners

The Power of Buy-Sell Agreement Planning for Business Owners As a business owner, ensuring the long-term success and continuity of your enterprise is usually at the very top of the list of priorities. One of the essentials that can help you achieve this goal is effective buy-sell planning. This article delves into the significance of buy-sell planning for business owners and highlights the key strategies…

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7 minutes read

Understanding Your Retirement Benefits: Things to consider as a BP Executive Preparing to Retire

How do I make the most of my BP retirement benefits? As one of the most lucrative positions in the oil and gas industry, BP executives enjoy exceptional employee benefits. However, navigating these offerings can be overwhelming, even for high-level executives. From cash compensation and severance packages to stock options and bonuses, the array of benefits can be daunting to navigate—especially anticipating…

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5 minutes read

A Comprehensive Guide to the Private Equity Due Diligence Process

Private Equity Due Diligence Process Private equity investments offer the potential for significant returns, but they also carry a considerable amount of risk. Therefore, conducting a thorough due diligence process is crucial to evaluate the viability and suitability of these opportunities. We have constructed a robust infrastructure that allows us to bring private equity opportunities directly to…

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5 minutes read

The Clock is Ticking: Why Accredited Investors are Taking Advantage of Private Placement Life Insurance (PPLI)

As today's top federal estate tax rate, or "death tax," currently tops out at 40%, proactive planning is needed for high-net-worth individuals who want to avoid nearly half of their estate going to taxes rather than their heirs upon death.1 With sizeable estate tax exemptions currently set to expire on December 31, 2025, combined with today's historically attractive tax rates, there has never been…

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5 minutes read

Pros and Cons of Private Equity Investing: What You Need to Know as a High-Net-Worth Investor

Private equity investments can be an attractive option for investors looking to diversify their portfolios and potentially earn higher returns. However, before jumping into this type of investment, it's critical to consider whether it's the right choice for your individual financial goals and risk tolerance. What are the pros of private equity investing? Higher potential returns: Private equity investments…

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7 minutes read

Is my money safe? Understanding the impact of a bank collapse

The recent collapses of Silicon Valley Bank (SVB) and Signature Bank (Signature) resulted in two of the three biggest bank collapses in U.S. history, behind the 2008 collapse of Washington Mutual. This has created uncertainty over the stability and liquidity of all banks, especially for those with over $250,000 FDIC limits in a single institution—including many small businesses needing liquidity for…

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6 minutes read

How to Create Liquidity by Selling a Business to an ESOP

Selling a closely held business can be an incredibly complex process that requires a lot of thoughtful planning. For business owners, two challenges often come to the forefront: finding a buyer and creating a liquidity event for the business owner. Selling a business to an employee stock ownership plan (ESOP) can address both of these issues while also creating an incentive for employees. Here’s a…

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5 minutes read

Why Average Rate of Return is Not the Key to Retirement Income Planning

Many investors use the average rate of returns as one of their primary metrics for assessing portfolio performance. In your earning years, the average rate is a useful benchmark because most people are focused on total wealth accumulation. But when you enter retirement, the order in which you experience those returns becomes much more important. A bad year or two at the start of retirement could have…

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7 minutes read

Cash flow in early retirement: Six considerations for high-net-worth individuals

Many people dream of retiring early so they can spend more time with family and their passions outside of work. But early retirement can present some unique risks, even for high-net-worth individuals. To ensure financial goals are met, thoughtful planning is required, particularly when it comes to cash flow. In a recent video presentation, Granite Harbor partner Tim Smith, CFP® discussed considerations…

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5 minutes read

Benefits of Private Placement Life Insurance (PPLI) for the Ultra-Affluent

Tax rates are currently at or near historic lows. But ask just about anyone and the expectation is that taxes are sure to increase in the future. So, finding tax-efficient shelters for wealth accumulation is important for protecting long-term portfolio value and accomplishing tax planning goals. For the ultra-wealthy, private placement life insurance (PPLI) can provide powerful tax benefits while helping…

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6 minutes read

Income Tax Planning in Early Retirement: Strategies for HNWIs

Anyone entering retirement must manage the tax implications that come with shifting their primary income source from their employer to other income streams like social security. But for high-net-worth individuals (HNWIs) with robust portfolios, income tax planning can be particularly complex. Retiring early can complicate the tax planning process even further. In a recent video presentation, Granite…

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5 minutes read

Don’t Let Age Guide Your Retirement Planning

There are many rules of thumb in the world of personal financial planning, particularly when it comes to retirement planning. Some common “rules” are to be more conservative with your money as you get older, or that the percentage of bonds in your portfolio should be equal to your age. These rules may be appropriate for some, but not for all. Many affluent individuals often have more flexibility as…

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5 minutes read

The Sandwich Generation: Breaking the Cycle to Create Multi-Generational Wealth

“The sandwich generation” is a term used to describe those people who are simultaneously raising children and taking care of their aging parents, all while trying to plan for their own retirement and personal needs. Being sandwiched in between two generations can create an unsustainable financial situation that introduces new risk, potentially jeopardizing your long-term financial health. Let’s look…

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6 minutes read

Stock Compensation Strategies: How to Balance Risk and Achieve Tax Efficiency

Many corporate executives receive stock as part of their total compensation package. This not only helps align personal goals and company objectives while rewarding top talent with appreciable assets, but many executives enjoy tying their finances, in part, to their employer. They believe in their company and in their own ability to help that company grow. But as total compensation becomes skewed toward…

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6 minutes read

Using life insurance to transfer wealth

Good estate planning answers three key questions: Where does your stuff go? Who is in charge? And what are the rules? Life insurance can be one of the most tax-efficient ways to answer these questions because it can limit tax exposure while protecting and facilitating generational wealth. Here’s a look at how you can develop a life insurance strategy that will help preserve your legacy for generations…

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3 minutes read

10 Interview Questions to Ask Your Financial Advisor

Ask the Right Questions Not all financial advisors are the same. Asking the right questions can help you find the right advisor for your specific goals. However, you may not be aware of what questions to ask or even what a good answer would be. You may find this concise summary of questions helpful in your search. 1. Are you…

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5 minutes read

Inflation: Responding Appropriately with Flexibility and Discipline

Inflation is a hot topic these days with many experts and financial institutions offering predictions about the short- and long-term outlook. The truth is, no one can tell the future, and trying to guess our way around what will or will not happen is poor financial planning. Instead, let us take an objective look at the risks associated with inflation, the right mentality for approaching the issue,…

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3 minutes read

Do I Need a Financial Advisor?

In the 21st century, endless information is accessible in the palm of our hands. With a few clicks, we can find the basic information we need to make financial decisions quickly and easily. But for some of us, basic information is not enough. Additionally, we tend to have limited amounts of time for researching, implementing, and monitoring financial decisions. If you find yourself thinking about some…

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5 minutes read

Rolling over your 401(K)? Consider Net Unrealized Appreciation first

At Granite Harbor Advisors, we believe in helping our clients better understand all of their options so they can make the best decision for their families. To that end, here is a more detailed look at what net unrealized appreciation is and how you can use it to advance your financial goals. What is net unrealized appreciation (NUA)? Net unrealized appreciation is simply the difference in value between…

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4 minutes read

Super Fund your Roth IRA for Tax-Free Earnings

United States Army veteran William Victor Roth will forever be remembered for creating one of the most utilized tax-savings tools available. During his 30-year career as a US Senator, he pioneered a new retirement savings vehicle, the Roth Individual Retirement Account (Roth IRA), as part of the Tax-Payer Relief Act of 1997. With the previously established “traditional” IRA, the tax benefits are realized…

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4 minutes read

Keys to Effectively Setting and Reaching Goals

Have you heard the saying, “you can do anything if you set your mind to it”? Well, there is a lot of truth to that statement. The real question is, how do we “set our mind to it” effectively? The answer is in effective goal setting. This short article will outline an efficient process for setting and reaching virtually any goal. The key is to be S.M.A.R.T. about it. Which is to say that goals should…

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3 minutes read

Is This Risk Worth Taking?

Have you ever been faced with a difficult decision? Not sure which way to go because you didn’t fully understand the risks involved? Much like playing cards, there are times where we need to fold, and move on, and there are times where we should stay in the game based on anticipated risks and rewards. When evaluating risk associated with financial planning, there are some risks that we are willing…

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Introducing Mariner Capital Fund I

In this special launch episode of The Balance Sheet podcast, Granite Harbor Managing Partner Nick Brown sits down with Derek Taylor, Managing Partner of Granite Harbor Capital, to announce the official launch of Mariner Fund I and discuss the firm’s expansion into private markets.

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Inheritance Vs. Legacy: Which One Will You Leave?

It takes no planning to leave an inheritance. You simply have to pass away owning something. If you wish to leave a meaningful legacy to future generations, it takes careful and thoughtful planning. Join GHA's Dale Shaw and our colleague and friend Julia Dean, founder of the Dean Law Firm as they discuss the differences from their experiences with families that have left a lasting legacy, and those that have simply left an inheritance. Learn about the key conversations that need to take place now to set your family on a track for multi-generational financial security that aligns with your desired legacy.

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Granite Harbor Advisors - Who We Are

Located in Houston, TX, Granite Harbor Advisors stands out for our comprehensive expertise in investment management, holistic financial planning, and advanced life insurance strategies. Our unique approach to holistic wealth management sets us apart not only in the competitive local Houston market, but also nationally with our meticulous financial planning services, investment expertise spanning both public and private markets, and advanced strategies for estate planning and life insurance. Focused intently on helping business owners, corporate executives, and high-net-worth individuals & families live their best lives, we are dedicated to crafting tailored and sophisticated solutions that align with the distinct needs of our clients. Our team, comprised of seasoned financial and investment advisors, provides individualized guidance, established us as the premier option for those looking to partner with a team of experts.

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On-Demand Video - Beyond 401(k) Rollovers

Exploring Advanced Tax Strategies for Your Retirement Account After Leaving a Job In the ever-changing landscape of employment, the decisions you make regarding your company retirement account after leaving an employer have never been more critical. You or your loved ones may be faced with tough choices of if, when, and how to move your company retirement savings. This single decision holds immense weight, as it can either become a major tax trap or a significant wealth-building opportunity shaping your financial future. Join us for an informative webinar where we delve into the common pitfalls and key considerations surrounding this pivotal decision, including how to: Identify the options for your 401(k) after leaving an employer Understand the potential tax diversification within your 401(k), how to preserve these advantages, and avoid overpaying on future taxes Capitalize on one of the biggest tax advantages available exclusively to company stocks owners Equip yourself with the knowledge needed and exact questions to ask to navigate this advanced planning terrain

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On-Demand Video - Taxes in Retirement

Taxes will most likely be your largest strain on cash flow as you enter retirement. Having a clear understanding of your current tax situation is half the battle. Being able to effectively apply tax savings strategies to your specific situation is the other half. At Granite Harbor Advisors, our mission is to help families live their best lives by educating them first. From there, confident decisions can be made about the future. This video covers the following: Summary of Recent Tax Law Changes from the Following Acts: o Tax Cuts and Jobs Act o Build Back Better Act o Inflation Reduction Act o SECURE Act 1.0 and 2.0 Common (and some not-so-common) Strategies for Tax Savings in Retirement like: o 3 Roth Planning Opportunities for High-Income Earners o Balancing the 3 Types of Tax Buckets for Diversification o 2 Unique RMD Strategies o Mitigating Income Tax AND Transfer Tax for Wealth Transfer Planning o “L.I.M.I.T.-ing” the 5 Financial Risks in Retirement in a Tax-Efficient Way:ancial security that aligns with your desired legacy.

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On-Demand Video - Inheritance Vs. Legacy: Which One Will You Leave?

It takes no planning to leave an inheritance. You simply have to pass away owning something. If you wish to leave a meaningful legacy to future generations, it takes careful and thoughtful planning. Join GHA's Dale Shaw and our colleague and friend Julia Dean, founder of the Dean Law Firm as they discuss the differences from their experiences with families that have left a lasting legacy, and those that have simply left an inheritance. Learn about the key conversations that need to take place now to set your family on a track for multi-generational financial security that aligns with your desired legacy.

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On-Demand Video - Understanding Life Settlement: Recognizing the Market Value of your Life Insurance

Do you have a life insurance policy that you no longer want or need? Do you have expiring term insurance that you don't wish to convert? Do you have a cash need now and lack the desire to continue paying premiums on your life insurance policy? If you answered yes to any of these questions, you may want to learn about the life settlement options available to you. Life insurance is an asset just like anything else you own, and should not be thrown out with the trash if you no longer need or want it. There may be significant market value in that asset. Join our colleague and friend Jamie Mendelsohn, EVP with Ashar Group as we discuss the complexities and considerations associated with the life settlement market.

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Halftime Strategy Session: Bitcoin

Bitcoin: It's hot...It's not....Here is a brief educational video about the basics of cryptocurrency. Gain an understanding of the risks, and potential applications of cryptocurrency.

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Building Traction Within Your Business

Our trusted business advisor and friend, Gene Roberts joins us about the importance of having structure in your business. Structure for effective accountability, and structure for efficient communication. Gene explains the basics of the Entrepreneurial Operating System (EOS), and how it can transform your business.

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On-Demand Video - Navigating Early Retirement & Severance

Are you considering early retirement? Did you just receive a severance? Many would love to be able to retire early, but just not sure if they can. There are some unique challenges that only early retirees will face. Join us as Managing Partner, Tim Smith walks us through how to navigate many of those challenges, and some specific planning strategies you could consider when planning for your own retirement or severance planning. Learn how to handle your pension, 401(k), deferred compensation, stock compensation, and more to mitigate taxes and maximize wealth during retirement.

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On-Demand Video - Estate Planning in a Changing Environment

Join our trusted colleagues and estate planning attorneys, Benjamin Kelly and Amy Koontz as we discuss the key factors to consider in crafting your family's estate plan. Learn how the current tax environment might be creating the best opportunity for preserving and protecting multi-generational wealth we have ever seen or may ever see.

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Estate Planning in a Changing Environment

Join our trusted colleagues and estate planning attorneys, Benjamin Kelly and Amy Koontz as we discuss the key factors to consider in crafting your family's estate plan. Learn how the current tax environment might be creating the best opportunity for preserving and protecting multi-generational wealth we have ever seen or may ever see.

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The Biden Tax Proposal

Join Managing Partner, Brian Sak as he unpacks the potential tax legislation that is slated as part of the Biden Tax Proposal. While time will only tell which of these pieces of legislation will actually pass into law, it will most certainly give you a key insight into what lawmakers are focused on right now.

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2026 Social Security & Medicare Guide

A comprehensive, easy-to-reference overview of 2026 Social Security and Medicare rules, including benefit calculations, tax thresholds, premiums, IRMAA brackets, and key planning figures to help individuals make informed retirement decisions.

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Mariner Capital Fund Investor Overview

This handout offers a high-level overview of Mariner Fund I, an opportunity fund designed to provide diversified access to select private equity, real estate, and private credit opportunities. It outlines the fund’s purpose, investment approach, and key considerations for qualified investors. This collateral is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only to qualified investors by means of a private placement memorandum and other offering documents, which should be read in their entirety. Private investment services offered through Granite Harbor Capital, LLC, a wholly owned subsidiary of Granite Harbor Advisors, Inc., a Registered Investment Adviser. Mariner Fund I is not and will not be registered under the U.S. Investment Company Act of 1940 or the Securities Act of 1933.

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Mariner Capital Fund Investor FAQ

This document addresses frequently asked questions about Mariner Fund I to help qualified investors better understand the fund’s objectives, structure, and investment approach. This collateral is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only to qualified investors by means of a private placement memorandum and other offering documents, which should be read in their entirety. Private investment services offered through Granite Harbor Capital, LLC, a wholly owned subsidiary of Granite Harbor Advisors, Inc., a Registered Investment Adviser. Mariner Fund I is not and will not be registered under the U.S. Investment Company Act of 1940 or the Securities Act of 1933.

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Big Beautiful Gifting Opportunities for High-Net-Worth Families in 2026+

Planning Insights. With The One Big Beautiful Bill Act (OBBBA) enacted in July 2025 and recently announced inflation adjustments, new tax brackets taking effect on January 1, 2026, are now known. General information; not tax, legal, or investment advice.

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The First 30 Days: Safeguarding Wealth & Well-Being After Job Separation

You’re not alone. Our one-page checklist helps you prioritize the first 30 days after a job separation: severance and taxes, health coverage, unemployment benefits, retirement accounts, and equity deadlines—organized by week so nothing gets missed. Clear, steady guidance when you need it most. General information; not tax, legal, or investment advice.

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Why High-Net-Worth Individuals Should Consider Long Term Care

Nearly 70% of Americans over 65 will require long-term care, and for high-net-worth couples the challenge is not paying for it, but preserving portfolios, protecting spousal income, and safeguarding legacy goals—making proactive LTC planning a vital part of wealth management.

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How and Why Wealthy Families Use Life Insurance

Many people think about life insurance as financial protection against premature death. The death benefit to be paid is a replacement for lost income and helps keep the family going. But most affluent families aren’t overly concerned with income replacement. Instead, wealthy families use life insurance to protect assets because of the specific tax benefits and ROI it can provide.

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Money in Motion

As a business owner or executive, you recognize the value of hard work and have achieved success through persistence and determination. You also understand that goals are best accomplished using a team of professionals collaborating to bring fresh ideas, innovations and perspectives. When it comes to wealth planning, it’s vital to take the same collaborative approach with trusted advisors to build upon a solid foundation and achieve maximum potential.

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Succession Planning Starts Now

At Granite Harbor, we recommend business owners begin continuity and succession planning as soon as their business comes into existence. We also help business owners create and modify plans as needed, offering guidance to protect personal finances as well as the financial health of the business.

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Retirement Planning with Purpose and Confidence

Whether you are a young executive just starting to formulate a retirement strategy, approaching retirement age, or making the long-awaited transition into retirement, a trusted team of financial advisors can provide experienced and objective guidance to help keep your plans on track.

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Avoid Emotional Money Mistakes

Making financial decisions with confidence Experienced leaders understand that emotional reactions and split- second decisions rarely yield the best results. When challenges arise, business owners and executives instead rely on data, thoughtful strategies, and experience to help their organizations achieve performance goals. The same is true for personal finances. When uncertainty arises or things do not go as planned, letting emotion guide your decision-making can have profound financial implications. After years of hard work to achieve success, it can be extremely difficult to separate emotions from disciplined decision-making. Even a brief moment of compromised judgment can have a lasting effect on your financial health and legacy. To help you avoid missteps, a team of fiduciary-level advisors can provide valuable objectivity and a voice of reason when complex emotions are involved. This ebook examines situations that can sometimes lead to emotional decision-making and how the right advisors can help you stay on track toward successful wealth management.

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