College Planning for High Net Worth Families

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College Planning for High Net Worth Families

College planning and high net worth families typically aren’t two topics combined in the same writing. Most families in this category plan to either pay tuition costs from current assets they have already accumulated or to simply pay it out of current cash flow. However, there may be situations where families are paying more than they need to and may be ill advised to forgo the college planning process all together. There are various strategies that all families should take for college planning regardless of the size of their balance sheet. This post will focus on 3 considerations for college planning for HNW families:

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ROTH IRAs for High Net Worth Investors

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ROTH IRAs for High Net Worth Investors

Roth IRA’s can be one of the more misunderstood wealth accumulation tools. Traditionally, Roth IRA’s are thought of as advantageous for those earlier in their career who are earlier in their career earnings curve. However, Roth IRAs can also be used for High Net Worth individuals as a longer term wealth accumulation tool. This article will cover how individuals can utilize the account and back door Roth contributions to maximize tax free earnings.

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Family Wealth Reporting - Family Office Services

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Family Wealth Reporting - Family Office Services

Across every level of wealth, it is important to have continuous insight on the immediate financial picture of the family. As the scale and complexity of wealth increases, so does the need for the ability to observe the totality of the balance sheet. Similar to an air traffic controller, it is imperative that a family office team have the ability to monitor each element of the assets and liabilities of the families they serve. This piece will focus on consolidated reporting and technology for managing family wealth.

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