Wealth Management

Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services management. This practice incorporates representing and counseling high net worth individuals, small business owners and families. The attorney who specializes in this practice is called upon to coordinate retail banking, estate planning, legal resources, and to offer tax advice and investment management. The term wealth management means different things to different people, and counsel is tailored to the specifics of individual circumstances and goals. The practice involves highly customized and sophisticated investment management and financial planning services. Generally, this includes advice on the use of trusts and other estate planning vehicles, business succession or stock option planning, and the use of hedging derivatives for large blocks of stock.