Vision and Values

Family wealth management can be complex and frequently requires a team effort. We will assist you in determining and productively engaging the members of your family’s wealth management team. When optimizing a family’s ability to meet their long-term objectives, asset location is frequently more important than asset allocation. CWM will work with you and your tax and legal advisors to determine the best legal structures to secure your family’s assets.

The financial services industry offers an ever-evolving array of products and services; its representatives are frequently better at selling their features than at objectively assessing which ones enhance your family’s overall plans, over an appropriate time horizon, from a risk, return and liquidity perspective. Diligence and diversification are vital considerations. Some families also prioritize the impact that investment will have on their communities, and their desired impact may result from philanthropic work, the construction of their portfolios, or a combination of the two.

A robust set of controls is essential to the sustainability of a family’s wealth. This includes, at a minimum, counter-party diligence, regular independent reporting and oversight, and cybersecurity precautions. In addition, clear and thoughtful communication between family members increases the likelihood of success for multi-generational wealth planning strategies.

It’s never too early and never too late. At each stage of a family member’s development, there are a range of programs and materials available to educate, inspire and motivate them to develop their gifts, shoulder their responsibilities and contribute to their family and community.