WHO DO WE SERVE?
"We help families navigate life after wealth - that weird moment when money stops being about survival. We use family governance to structure giving, to help grow and preserve what they've built and most importantly help the family stay together."
- Jason Howell, President | Family Wealth Adviser
Our clients are typically dual-income couples - often Gen X (born 1964 - 1980) or older Millennials (born 1981 - 1996) - who've accumulated their first million (or inherited more), but are still carrying the mental weight of figuring out "What now?"
- "How do we make this money meaningful?"
- "How do we avoid creating entitled kids (siblings or even parents)?"
- "Who should we hire to help us? One professional? Multiple professionals?"
On occasion our clients are grandparents in their 70s or 80s who are excited to "get their affairs in order," "give back" to the community and help their family while they are alive.
They're highly accomplished professionals, entrepreneurs or public servants in the Washington, DC metropolitan area, and they're navigating both the privilege and pressure that comes with success.
Our clients often don't come from money. They didn't grow up with financial advisors in the family (neither did either of our firm principals). So even though they've done well, they still feel the responsibility of getting it right - for their kids, maybe their parents and/or siblings but certainly for their peace of mind.
That's where we come in. We love helping those families turn hidden financial stress - what some deem "millionaire problems" - into financial clarity -with a plan they can actually understand and trust.
Prospective clients may also be about to sell land or a business for an extraordinary "liquidity event." Regardless, we focus just as much on family preservation as we do wealth preservation. Our current clients recognized that they:
- Needed to “do something” with the cash in their checking/savings
- Needed to start tax planning instead of just tax paying
- Needed to reduce the isolation, guilt and decision fatigue
- Needed to separate but align family wealth and individual wealth
- Needed to reduce financial miscommunications between family members
- Needed a plan to provide space for both family and individual philanthropy
- Needed to separate business finances from personal finances
- Needed to eventually diversify their portfolio away from the family business
- Needed an investment strategy for income, “up” and “down” markets
- Needed a plan to mitigate market, credit, inflation, and political risks
- Needed to be sure they are choosing the right work benefits
- Needed to plan for money while alive before what happens after death
They did NOT want a typical “big box bank” financial advisor. They wanted to reduce the confusion, anxiety, stress (and arguments?) associated with a successful (and new) financial life.
Our clients wanted to travel more and argue less. They wanted their home to be a place of rest, fun and great memories. They wanted to spend more time with old friends and family (and sometimes their in-laws!). They want ed philanthropy to be part of their family tradition. They wanted an independent team of professionals who recognize for them, working for money is optional.
We can do this for you and your family too.
Book an introductory call (below) or click "NEXT" to see who we are.
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