Wealth management services help high-net-worth individuals plan their financial future while enhancing and optimizing their wealth. A wealth manager will learn about their client’s short and long-term goals and outline their legacy information during the process.
What Services Do Wealth Managers in PA Provide?
The goal for wealth management advisors in PA is to guide individuals and families through their financial situation based on their assets, needs, and vision. They can help in all areas of financial planning while taking advantage of the most effective tax planning methods available.
Wealth managers are certified professionals who provide financial advice and services to clients needing wealth management help. They offer a range of services depending on the client’s needs and goals, including:
Tax Advice
A wealth manager may advise organizing finances in a certain way to reduce the possibility of tax liabilities. For example, an advisor can help plan for monetary gifting that is non-taxable each year for loved ones, estate transfer taxation, generation-skipping transfer taxation, and more.
Estate Planning
Estate planning is a must-have to preserve and protect one’s financial future. An advisor can help create a plan for a will, trusts, and designated beneficiaries, ensuring that their client’s family is secure in the event of the unexpected.
Benefits of Wealth Management Services in PA
Wealth management services provide many benefits to individuals and families looking to manage and grow their financial success.
Personalized Services
Financial planning includes a comprehensive analysis of the final situation, including income, expenses, investments, taxes, insurance, estate planning, and retirement. Wealth managers provide personalized services tailored to the client’s goals, risk tolerance, and financial situation.
Peace of Mind
Wealth managers help individuals feel peace of mind knowing their wealth is being looked after and aligns with their long-term goals. Working with a professional advisor allows them to focus on other parts of their lives without the need to manage complex financial matters.
Ongoing Monitoring
A proactive approach ensures financial plans align with evolving goals and market shifts. Wealth managers continuously track portfolio performance, market conditions, and changes in personal circumstances to make timely adjustments.
Your Wealth Management Advisors at Auld Brother Law
At Auld Brothers Law, we provide wealth management services to individuals and families.
We understand the private wealth management process can be challenging at times. Our experienced team is here to help guide you through each step at a pace that works for you.
We regularly monitor state tax law changes to help you take advantage of the available benefits regarding your financial situation. Together, we can address possible challenges and make necessary adjustments to your plan to ensure you meet your financial goals.
Auld Brothers Law is proud to assist clients and their generations that follow in several wealth management areas, such as:
- Business succession plans
- Buy-sell agreements
- Charitable planning
- Estate planning
- Trust administration
- Asset distribution
- Family legacy plans
- Ultimate estate administration
Auld Brothers Law is your wealth management team in PA. Contact us to get started.