Consultants and Advisors ■ Advisor Team
We actively communicate with our private client’s accountant and estate planning attorney to understand at the outset of a relationship and periodically thereafter:
- What is the client’s marginal tax rate?
- Are there any state or local tax issues we should be aware of (particularly in cases where we are to hold bonds)?
- Are there opportunities to use highly-appreciated stock as part of a charitable giving program?
- How does the presence of a concentrated position fit into our client’s estate plan?
We also count on advisors to help us understand the changes families go through that might impact their investment needs.
We often work with officers at family offices in their role as advisors. We can take instruction from them as to asset allocation and tax planning, and can report to them just as we would to either the private client or an outside consultant.