When it comes to the management of significant wealth, quality guidance beats quantity. For families with significant balance sheets, having access to specialized advisors and even discussions about building a philanthropic legacy all require a suite of elevated services.

Below are some ways that your team at Saling Wealth Advisors can help.

With financial success comes increased complexity and uncommon risk factors as you work to grow your wealth, seek tax efficiency, and preserve wealth for future generations. To navigate those intricacies, you will need to rely on a team that includes other legal, tax, and risk management professionals.

Your team at Saling Wealth Advisors is positioned to construct the most comprehensive financial picture and can lead the coordination with the other members of your professional team. We can also refer and vet new specialists: trust and estate specialists, lawyers, and more.

Not only can having alignment among the various professional services in your life provide you with access to detailed insights about your financial circumstances, but a comprehensive view can help guide your efforts over time and enhance your ability to monitor your progress toward your goals.

Liquidity management can be a delicate balancing act to ensure that you have access to lines of credit and the right amount of cash available to cover expenses and seize opportunities. We can help you navigate the right mix of cash, debt, and investments to meet your needs.

For many families with significant wealth, philanthropy can be a rewarding enterprise. Recent data shows there are over 1.8 million nonprofits registered with the IRS. These organizations reflect every aspect of life, from arts and culture to health and education. Investing in a cause you care deeply about is one way to build a legacy and make a positive impact on the world.

To unite your passion projects with your financial picture, we can provide consultation and planning on financial topics well beyond investments. We can help you evaluate the philanthropic and charitable strategies that match your ambitions. This is likely to involve considering the various types of charitable trusts, private foundations, funds, and endowments; weighing relevant tax and privacy considerations; crafting a strategic giving plan; involving your family and loved ones in key discussions; and more.

To enjoy complete and personalized support for your entire family, we are purposeful in engaging your children, grandchildren, and other family members. A key responsibility for our team involves educating your heirs and loved ones by equipping them with the knowledge to be active participants in the financial planning process.

Affluent individuals and families have unique needs and the potential to assume more risk than the average investor. Our team can provide access to a variety of products and investments tailored to your more elevated aspirations and risk tolerance. The evaluation of these new opportunities, private market or alternative investments, will never be assessed in a silo, but will always be discussed as to how the asset fits within your overall financial picture.

As always, we are here to help by simplifying the complex for multi-generational families.

Sources: assetmark.com; insight.factset.com; investopedia.com; amgfunds.com; issuelab.org

This material is not financial advice or an offer to sell any product and is not a recommendation to buy or sell any particular security. The opinions expressed are those of the Saling Wealth Advisors’ Management Investment Team and are subject to change without notice.

Saling Wealth Advisors (“SWA”) is an independent SEC registered investment advisor. Registration does not imply a certain level of skill or training. This material is provided for informational and educational purposes only. More information about SWA including our advisory services, fees, and objectives can be found in our Form ADV Part 2A, which is available upon request.