What is Wealth Management?

Working with a team that redefines wealth management

Ask ten investors to define wealth management. Actually, ask ten “wealth managers” to do so. You will almost certainly get ten different answers, and most are likely to be heavily focused on investing.

A true wealth manager effectively delivers in all three key areas below in a measurable way. Our process is collaborative—we work together in an effort to accomplish goals and hold each other accountable. Whether it is protecting the value of concentrated stock positions and stock options or the formation of a living trust or LLC, we have the means and process to work closely with a team of experts to help keep you on track and moving toward the goal of completion.

Clients of Higher Strata Wealth Management, LLC benefit from an expert team that has a clear and comprehensive vision of wealth management. Our goal is to work with a select group of successful clients where we can have a significant impact. This “significant impact” comes from a collaborative approach with our clients and executing in these three areas:

Investment Consulting

Most advisors perform this service—some do it very well. Ours is focused on wealth preservation so you can enjoy the financial security you have worked for all your life.

Advanced Planning

This is where we go the extra mile with our team of experts. Through our Discovery process, we identify where you are and where you want to be. Our role is to help bridge the gaps to get you where you want to go.

Advanced planning has four key components:

  • Mitigating taxes and cash flow planning
  • Ensuring your assets aren’t unjustly taken
  • Transferring wealth efficiently to heirs and others
  • Maximizing the impact of charitable giving and planning

Relationship Management

Client Relationship Management
We intentionally work with a small group of select clients. This enables us to understand our clients’ critical needs. We work closely in collaboration to meet those needs over time through a consultative process.

Expert Relationship Management
This is where our role of Personal CFO begins to have significant impact on your overall financial picture. Our clients need and want this, but often lack the time and expertise to effectively manage the expert team of professionals. We assemble and manage a network of professional advisors whom we consider some of the best minds in tax, legal, and insurance. In addition, we position ourselves to work effectively with our clients’ current professional advisors.

Wealth Management Formula Video

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