Family Wealth Management

Wealth management for families is more than managing portfolios. Whether you need specific trust or estate assistance or prefer a full suite of services, Truepoint will help simplify your life with guidance that is rooted in your personal values and goals.

Keeping alive financial legacies for future generations is top-of-mind for wealthy families. Research shows that – despite having good wealth transfer plans – 70% of a family’s wealth is depleted by the second generation and 90% by the third. The main reason for this loss of wealth? A breakdown in trust and communication. Strong, consistent communication is critical for retaining generational wealth.

In our decades of experience, the most important issues and principles of wealth preservation are qualitative, not quantitative. It’s not just maximizing returns or trying to beat the market. The families that successfully preserve their wealth and legacies across generations are notable for their commitment to communicating openly and sharing the values of the original wealth creators.

Beyond our full-service approach, we help families looking to solve questions like:

  • How do I start to think about wealth transfer?
  • What are the recommended estate planning vehicles that will minimize my taxes?
  • Is there a way to streamline bill payments so I don’t have to manage the details?
  • Should I consider putting assets in a trust?
  • How do I select an executor and financial power of attorney?
  • What are the charitable giving opportunities that align with my family’s values?
  • How do I teach my children and heirs to fully understand where our wealth came from and how it should be managed?
  • Should we have a family meeting to get on the same page?

Our remarkable team and its deep resources streamlines your plans and provides support services to smoothly manage transitions – fully reflecting your priorities.

We’d love to chat with you about how we
can help your family see the big picture.

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