Wealth management is a holistic service designed to ensure that a client’s finances are being maintained and utilized to their full advantage. At Legacy Financial Partners, we take this responsibility seriously, providing many different services that fall under the broader umbrella of wealth management:
Whether you come to us with a specific need or just with the knowledge that you want to speak with a financial expert, we’ll gain a holistic understanding of your finances and determine how best to assist you.
Whether you come to us with a specific need or just with the knowledge that you want to speak with a financial expert, we’ll gain a holistic understanding of your finances and determine how best to assist you.
Wealth management is a form of financial planning. While our financial planning services are designed for a more general population that’s looking to understand their financial situation and utilize it, our wealth management services are generally designed for individuals or estates with a high net worth.
The reason for this breakdown is because it allows us to ensure you’re being taken care of. Different amounts of wealth have differing levels of both need and opportunity. Besides the varying tax burdens, we’ll also consider the needs of any trusts, foundations, and more.
Sometimes, it seems like your money will last forever. But if you don’t take care of it, this isn’t necessarily the case.
The Vanderbilts are a classic example. Cornelius Vanderbilt created one of the largest fortunes possible at that time, which today would be valued at roughly $2.1 billion. Within two generations, the family had spent almost everything, and not a single grandchild was a millionaire.
It’s all too easy to spend money you think you have, without understanding the long-term impact of this spending. While that feels good in the short term, it ultimately lessens the buying power of your estate.
Our goal is to empower you with financial information. We’ll help you determine what kind(s) of charitable giving is right for you. As well, we’ll make sure your lifestyle aligns with the goals of your estate.
When you choose to work with Legacy Financial Partners, you’re choosing to empower yourself with financial wisdom.
Legacy Financial Partners is here for you. We sit down with our clients, listening intently and going over the numbers to understand both where they’re at financially, and where they want to be in the future.
Legacy is at the heart of what we do, which is why we chose to incorporate that word into our name. Have any questions about your estate? Looking to speak with our wealth managers? Please don’t hesitate to reach out now.
