I work with people with significant net worth who are seeking help to grow and protect their wealth. In many cases, having a customized wealth plan can be more important and more valuable in reaching these goals than an investment plan.
My approach is holistic and very detail oriented. Handwerk MFO begins by focusing on your goals, time frames, feelings and family situation as well as your risk tolerance. I organize and categorize all of the information which you have supplied by placing it on a large table which enables me to look at all the aspects of your financial life as if it were a puzzle. Some of the pieces (such as holding a tax advantaged investment in a tax deferred account or contradiction between a beneficiary listed on an account and your will) may not fit correctly into the puzzle. There may be puzzle pieces missing such as not having a college education plan. Or there may be pieces which do not belong in your puzzle at all, such as an inappropriate investment.
We then meet and discuss how all the aspects of your wealth fit together. I will often have additional questions and will make suggestions. We work in a collaborative fashion to craft a set of strategies specific to your needs. Many times we involve your accountant and attorney in the process, or if necessary, we can suggest very capable experts. After the first meeting, each of us will have a list of action items.
I understand and respect the value of your time. The time you spend in collecting the data and working on your wealth plan will be time well spent. I am very results oriented when it comes to advising my clients.
Many aspects of your wealth will be reviewed which may have never been looked at before in a cohesive fashion. I analyze where your risks and opportunities are. In the end your wealth puzzle will fit together, and your wealth picture will be clear. Your wealth strategies will be synergistic, all working toward the same goals.
You will have a truly diversified portfolio of investments, beyond the typical collection of stocks and bonds, which should give you more confidence. My goal is to elevate your wealth planning and your investments to a level where everything is working together.