360° Family Wealth Management
What is 360° Family Wealth Management?
Affluent families, by necessity, use a diverse cast of professionals to tend to the various, complex elements of their wealth management plan. Often, however, there is no one at the helm, directing the team. The risk of this fragmented, piecemeal planning approach is that it may result in costly, sometimes devastating mistakes as a result of poor coordination.
It is for this reason that we believe 360° Family Wealth Management is critical to the implementation of a successful Wealth Management Plan.
Are you a candidate for our 360° Family Wealth Management Services?
Take our Stress Test →
- Monday Update by Kevin EllmanIt is time in the markets, not timing the markets that counts. The number one question I am asked by my clients is, “What do you think I should do with my money now?” The impetus for this question is often the fact that world conditions are causing the markets to actively fluctuate.
- Monday Update by Kevin EllmanWe often look to the housing market as a good indicator of consumer sentiment. Consumer confidence appears to be growing as mortgage applications for single-family homes are on the rise. This certainly may be because of historically low mortgage interest rates. This is not only attractive to existing homeowners, but for those looking to buy their first home, low interest rates provide an opportunity and a strong incentive.
- Monday Update by Kevin EllmanRecently, we upgraded our Black Diamond Portfolio reporting system and can now make it available for your personal use. The initial reviews from clients have been universally positive.
- Monday Update by Kevin EllmanEveryone knows that under perfect circumstances, investing in the stock market by seeking opportunities to buy low and sell high is ideal. However, as I have discussed in previous articles, not only is the challenge of timing the market almost impossible to do so reliably, but most investors are emotional investors, and so lack the discipline to buy low. Instead, I have counseled patience and nurturing.