Solutions Built Around You
Private Equity Professionals
Wealth Strategy Designed to Create the Legacy You Want
What you leave behind will be your legacy. Whether that is the sum of your possessions — companies, money, investments, art, real estate, etc. — or the impact you have on the people or organizations you come in contact with while you walk this earth, those things will amount to your legacy. For most people, the idea of a legacy isn’t something that’s planned out. It just happens. Others may take steps towards what they think will be their legacy but there is no formal plan to continue those things for generations to come.
What if you knew that, depending on which study you look at, somewhere between 60-70% of wealth is completely depleted by the second generation and by the third generation it is completely gone. How does that impact your view of leaving your legacy?
An Intentional Legacy Built Upon a Wealth Strategy
Your wealth will more than likely support you for the rest of their life as well as the next generation. But you do have the opportunity to chart a specific course for your wealth — a course that will allow your wealth to create an intentional legacy. Such a legacy can be achieved through a wealth strategy approach that provides for your needs and wants for today and tomorrow, while also creating a pool of capital that can continue to grow well past your lifetime. Such an approach will help to allow your wealth to provide for your descendants and support the charitable causes and other interests that are important to you for generations to come.
Many of the advisors at NewEdge Wealth have been working with individuals at this same place in life for over three decades. As a result, we have created and refined a process designed to take much of the burden of managing the complexities of wealth off or our clients’ shoulders and create an intentional legacy.
Simplifying Today for Tomorrow & Beyond
It’s not just about doing more with your money.
It’s also about doing more with your time.
Simplifying the Complexities of Your Life
Successful wealth strategy is a process that requires a team of advisors collectively focused on the goals specific to your family and the steps that are required to attain them. We work with your attorneys, accountants and other advisors to help everyone operate in a coordinated fashion.
Wealth Transfer Strategies
This dynamic process assesses the strategies to be considered in order to help accomplish your wealth transfer goals while minimizing taxes and maintaining flexibility to change course as needed.
Cash Flow Planning & Management
Our quantitative modeling tools help provide confidence and clarity around what is needed to support your current spending requirements and project your capital needs based on various scenarios.
Capital Allocation & Investment
Families can benefit from breaking their wealth up into pools of capital to be invested based on the needs and time horizons of the various beneficiaries it is designated for — grandchildren, charities, education endowments, etc.). Because each pool of capital has a purpose distinctly different from one another, each pool can and should be managed differently.
We help to relieve our clients from many of the complexities and burdens of managing their wealth, allowing them the opportunity to instead focus on the goals they wish to achieve and the legacy they want to establish.
Wealth Strategy Insights
Selling your company to a Private Equity firm affords you many potential benefits, one of which is the ability to rollover equity and defer a portion of the gain realized on the sale of your business. While sellers typically focus on the sale timing and structure, they may be missing a powerful planning opportunity by not exploring planning options for their rollover equity.
You sold your company took that dream vacation and you’re back home well-rested, refreshed, ready to start upon your next endeavor… and you’re bored. You find yourself puttering around the house, being disruptive to your family. Even your dog is starting to wonder why you’re always around. And then it happens… you start to miss your old business. While you’re thrilled with the payout, a feeling of seller’s remorse starts to creep in.
WEALTH PLANNING STRATEGIES Valuing Your Values: A Case Study in Wealth Strategy At NewEdge Wealth, we believe that...
No one likes seeing the value of their portfolio falling, however, as long-term investors, we should treat market corrections, bear markets and recessions as a normal set of outcomes when they occur.