While helping families and professionals manage their wealth, I noted that clients were struggling to understand the impact and methodology of large inter-generational wealth transfers. Many had not fully discussed, or fully disclosed, their financial situation to their adult children. In certain situations, this had created problems that caused families to mismanage tax consequences. In our experience, this can also lead to asset mismanagement by the untrained inheritors.

Our process evolved over time into a two-pronged approach. Firstly, managing the assets, secondly, and most importantly to the clients…helping them begin an integration process with their adult children and/or spouses…where the participants start an education designed to prepare them for the eventual handover of control. With our emphasis on communication and a clear process in place, I am confident that we can help you grow and protect your wealth, and efficiently transfer it to your loved ones when the time comes.

Kevin Cooper, CFA
Vice President & Associate Portfolio Manager