Essentially, wealth management is an investment advisory consultative service. Leeward Wealth Managers take a holistic approach to wealth management aimed to address all of the financial needs of high net worth individuals in a coordinated approach under a single specialized manager with the goal of sustaining and growing wealth.
As experienced wealth management professionals, we integrate the following list of services into one cohesive package, the aim of which is to grow, protect, utilize and disseminate a client’s wealth. The list of services we provide or can refer to our trusted team of professionals include:
- Financial and investment advice
- Personal retail banking services
- Legal and estate planning
- Accounting and tax services
- Retirement planning
Financial planning strives to enable one’s financial goals or life goals to be achieved. Whether it is buying a car, upgrading to a bigger home, saving up for a child’s college fund, or retiring comfortably, financial planning provides a blueprint so these goals may be achieved.
Viewed in this context, financial planning applies to everyone whether funds and resources are limited, or when there are more assets to take into consideration.
Wealth management is a step over and above financial planning. When a higher net worth involves complex investment portfolios, complicated taxes, stakes in various businesses or other similar scenarios, a wealth management analysis and plan coordinates all of the financial services needed to manage your money and plan for your and/or your family's current and future needs.
Holistic Approach
While many people think wealth management largely involves receiving investment advice, it goes way beyond this. At Leeward Wealth, wealth management takes a holistic approach in terms of managing a client’s financial life, coordinating all financial needs.
As your wealth manager, we start by developing a customized plan that will maintain and increase your wealth based on your individual financial situation, goals and comfort level with risk.
After the original plan is developed, we will meet with you regularly to update your goals, review and rebalance your financial portfolio, and analyze whether additional services are needed, with the ultimate goal of working with you throughout your lifetime..
Integrity
It is important to trust the person who will manage your money. Look for someone who asks detailed questions about you and your financial goals. This is a good indicator that the wealth manager has your best interests in mind.
Look for a practitioner with a CERTIFIED FINANCIAL PLANNER™ designation. Bound to certain ethical standards, a CFP® ensures that your interests are made top priority.
Investing Experience
A seasoned wealth manager who knows when to invest and when to seek protection for those investments can spell the difference between successfully achieving your financial goals and financial failure. When things are going well, it is easy to make someone money. However, when the market turns rough, you need someone who has experience to decide on what works given a certain financial situation.
Reliable Team of Experts
Wealth management is a comprehensive service and a successful wealth manager coordinates the advice from a team of experts who are well versed in varied fields from financial planning and tax planning, to estate and retirement planning.
A good support team makes it possible for a wealth manager to craft a comprehensive financial blueprint that aligns all aspects of your financial life, ensuring long term financial success.
Call us today to see how we can help set you on the right path for success!
Principles of Preserving Wealth
