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Most sophisticated families believe their net worth is substantial enough to insulate them from complete financial degradation. But as the saying goes the first generation earns it, the second generation saves it, and the third generation loses it. Once wealth begins to fracture across several generations, unwise spending habits, mismanaged investing, severe tax losses and reduced buying power compound the degenerative effects on the value of the portfolio. With appropriate guidance, we can combat multi-generational fragmentation to perpetuate your wealth for many generations to come.
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The family is a dynamic
entity composed of individuals with varying interests,
abilities, needs and goals. While extended family
members become separated by distance, disharmony
and death, they are still integral parts of the
whole and, from time to time, must act as one. Working
with Quintessence Group, the family remains cohesive
through a formal framework that facilitates constant
communication and understanding. By consolidating
their assets and remaining focused on a clear financial
strategy, the family enjoys many benefits that would
otherwise not be available to them.
These benefits
include but are not limited to:
• Substantial increase in overall net worth
of the family portfolio
• Access to a vast array of integrated and
customized services not collectively offered anywhere
else
• Cost savings and the benefit of smaller
family assets being included in the portfolio's
investment strategy
• Strengthening of the family's legacy by
reaffirming the family mission through education
and practice
• Confidence in knowing that the management
of their financial and personal affairs are held
in the strictest privacy
• Peace of mind, knowing they are affiliated
with an organization whose goals are completely
aligned with their own |
Many families don't
realize they need wealth advisory services. Below
are just a few of the more popular reasons clients
use our services. There are more, but having questions
about the management of your family's wealth is
enough to give us a call.
• To centralize the management of the assets
of the entire family and increase its buying power
• To manage the substantial liquid assets
generated from the sale of a business or wealth
from an inheritance
• To allow current and future family members
to pursue happiness while we manage their personal
financial assets
• To free up time so the professionals in
the family can concentrate on business
• To maintain the confidentiality of personal
assets by managing the separation of personal financial
assets from the operating business assets
• To manage the increasing services the family
needs as it grows to multiple generations
• To replace the expertise of the founder
of the assets who is no longer willing or able to
manage the assets |