Growing wealth for our families in a measured, strategic manner is the core principle behind Integrated Wealth Structuring.
This dynamic approach draws upon our expertise across various financial disciplines ensuring a comprehensive perspective of our client’s financial life, eliminating the oversights and shortcomings often associated with traditional wealth management.
This unified approach results in an intersection of:
An even greater priority for most families beyond building their wealth is Protecting it through proper Risk Management.
Understanding, managing and mitigating risk is an essential component of our Family Office. Risk comes in many forms; we work with our clients to review their insurance coverage, implement asset protection strategies and vehicles, and review their asset ownership structure. Essentially, we work to ensure there are no cracks in our clients’ financial facade.
We actively protect wealth for our families through:
Lifestyle Support is designed to Administer wealth for our families who have complex financial burdens, particularly those involving a family business, multiple residences or ongoing travel.
Our Clarfeld Family Office has the infrastructure, expertise and organizational experience to fully support each family’s administrative burdens such as bill paying, data aggregation, domestic payroll and document retention. We also have the deep expertise required to handle every aspect of ongoing tax planning and preparation services as well as audit representation (including detailed residency examinations).
We offer lifestyle support designed to administer wealth for our families including:
Intergenerational wealth transfers become more complex as a family’s wealth grows and its long-term strategies evolve along with the responsibilities surrounding family-specific dynamics.
We assist families by codifying their views on family governance, often addressing shared values, leadership roles and dispute resolution, while recognizing specific interpersonal dynamics. We also set agendas and facilitate family meetings while providing financial education for the next generation.
Our governance and legacy planning facilitates the transfer of wealth and values to successive generations:
*Please Note: The scope of any financial planning, estate planning, tax planning and consulting services to be provided depends upon the terms of the engagement, and the specific request and needs of the client. Clarfeld Citizens Private Wealth does not serve as an attorney or accountant. Clarfeld Citizens Private Wealth does not prepare estate-planning documents.