Private Wealth Management for Affluent Families and Business Owners
Private Wealth Management for Affluent Families and Business Owners
Private Wealth Management is an encompassing term that covers both financial planning and investment management. As a wealth management firm, we believe these two strategies go hand in hand. Building a financial plan, both personally or for your business, can drive investment management based directly around your goals, your timeline, and your vision for your future.
Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of our foundation of success.
Investment Management
Personal Investment Advisory Services
We understand that our clients who have accumulated significant assets (including those that have grown successful businesses) need a more custom white glove approach. We have tailored our service offering to help our Private Wealth Management clients to create a strategy to maximize and steward their wealth, mitigate taxes and risk, and map out their future. Our Investment Advisory Services include:
- Portfolio analysis and audit to help you analyze your asset allocation, portfolio structure, expenses, investment holdings, holdings overlap/redundancies, and tax-efficiency
- Help you invest like an institution using tax-efficient strategies such as Separately Managed Accounts and Direct Indexing with access to your own Outside Chief Investment Officer
- Access to Alternative investments such as Real Estate Investment Trusts and Private Credit
- Provide enhanced Working Capital and Cash Management
- Access to Securities-Backed Lines of Credit
Financial Planning
BPG Wealth Management can assist you in developing a personalized financial plan tailored to your individual situation. We provide a comprehensive approach to retirement planning, including both the accumulation phase and the distribution phase. We can provide in-depth analysis for all your qualified plans, including your IRA and 401(k) plans. We can help you properly evaluate your retirement portfolio to correspond with your overall retirement plan. And as you need Income from your retirement assets, we can help you develop a plan designed to maximize income while minimizing taxes, to help ensure that you do not outlive your resources.
Our financial planning process is designed to align your unique needs with your financial objectives to create a customized roadmap to your future goals. We aim to remove the question mark from your plan and ensure that you know exactly where you are, where you are heading, and how to get where you want to be. Planning scenarios and services may include:
- Retirement Income Planning
- Social Security Planning
- Estate Tax Planning
- Survivorship Planning
- Long Term Care Planning
- Charitable Giving Planning
- Informal Business Valuation and Business Exit Planning
Our Process
Step 1
Identify and prioritize your goals and objectives
This can include saving for retirement, maximizing investments, managing a budget, saving for college, minimizing taxes, and planning for a business.
Step 2
Data Gathering
We work with you to compile a full file of your financial life, including budget, assets, liabilities, protection, business interests, and income.
Step 3
Analysis
We work with you to analyze the data in the plan, confirm accuracy, and discuss how to align your current situation with where you want to be in the future. We also discuss potential variables and planning scenarios to incorporate into the plan and discover your best next steps.
Step 4
Recommendations
The final plan includes a complete, comprehensive set of recommendations. Our objective is to provide you with a set of clear, actionable steps to take to meet your financial goals.
Risk Protection Strategies
Insurance Solutions
Without proper protection, an unexpected disability or death could deplete the assets you have accumulated and jeopardize your family’s ability to reach its financial goals.
We can help you review and select the most appropriate protection plans for your situation, analyze how much coverage you need, and review the current policies you already have in place.
- Life Insurance Policy Review, Evaluation & Benchmarking
- Needs Analysis & Product Determination
- Life, Disability Income, and Long-Term Care Insurance
- Trust-Owned & Survivorship Life Insurance
- Buy/Sell, Split Dollar & Key Person Insurance
- Group Life, and Disability Insurance