Individuals receiving an inheritance are often new to wealth and need the support and reassurance of experienced professionals who have helped many people in similar situations. We guide them through developing long-term goals for their new assets and then ensure they are invested and managed properly to meet those goals.
When her parents passed away, our client inherited a significant sum. She was a self-identified unsophisticated investor who was overwhelmed by the responsibility that came with the wealth. Now, recognizing the need for professional money management, a trusted advisor recommended us.
We took the time to explain the various holdings that made up her new wealth and then listened to her goals and concerns — all through meetings with multiple members of our investment and wealth management teams. We helped her develop investment goals, a budget, and a spending plan. We helped her establish gifting plans and advised her on the best way to make charitable contributions.