Throughout our six decades in business, we have observed a common theme. Affluent, multi-generational families often come to the planning table with a mix of anticipation and apprehension. They know they may encounter both risks and rewards. Their longstanding, trusted advisors have served them well. Completing their planning requires additional professionals and disciplines.
WITH THE LEGAL, TAX, INVESTMENT AND INSURANCE DISCIPLINES BEING INHERENTLY LINKED, WE’VE COINED A PHRASE BEWARE OF THE DOMINOS. WE BELIEVE THAT FOR EACH ASPECT OF PLANNING TO EXPERTLY TOUCH OFF THE NEXT REQUIRES THREE DYNAMICS.
- The firms in each technical discipline must show up with a genuine desire to collaborate.
- The technical elements of the plan must work together as seamlessly as the advisors.
- The team that creates the plan must stay together following implementation to steward the long-term success of the plan.
If any one of these is missing, the client’s planning dominos can fall in the wrong direction. When the advisory team comes together across all three dynamics, the client’s experience and outcomes are exponentially rewarding.