Advanced planning goes beyond portfolio construction, and delves into issues that support and sustain wealth. The basic cornerstones are:
- Wealth Enhancement. Tax mitigation, leading to higher net return on invested capital, and
- Wealth transfer. Efficient and effective structures and strategies to transfer wealth to future generations when and where applicable, and
- Wealth Protection. Risk mitigation either by commercial insurance carriers or elimination of risk itself, and
- Charitable Planning, which dovetails with family intentions, tax planning, and wealth transfers.