Our Integrated Approach for
Protecting Success & Shaping Futures
- Wealth Building
- Wealth Preservation
- Wealth Transfer
Take a more detailed look at what our Integrated Approach for Protecting Success & Shaping Futures process includes.
Integrated Wealth Management:
Significant wealth creates tremendous challenges. A plan of action is vital to ensuring wealth is preserved and maximized for current and future generations. We build this integrated wealth management plan by providing you with sound, objective financial advice and guidance; proactive investment management; meticulous tax planning and preparation; comprehensive financial analysis and insurance assessment; and visionary trust, estate and philanthropic planning.
As a multi-family office, we work closely with families to develop a collaborative plan to complement the services provided by other family advisors. By effectively managing the information that all parties need, we successfully integrate the unique and complex needs of the ultra high net worth family. Below is a list of a few of the family wealth management services we provide our clients every day.
Financial Scrubs: The “Second Opinion”
Friesen | Rebec & Associates seeks to maximize all aspects of our client’s financial affairs, covering Investments, Tax, Tax structures, Insurance, and Will and Estate.
To achieve this level of maximization, collaboration between your different advice providers is critical. If collaboration does not exist then you will certainly have areas of weakness. We bring in our professionals or formulate relationships with the individuals or companies that you are currently working with.
Scrub Definition: To rub hard against a rough surface in order to cleanse by removing impurities or undesirable components (Webster’s Dictionary)
One significant way Friesen | Rebec & Associates maximizes their client’s affairs is to conduct a thorough scrub on all areas. We only work with top professionals, and clients will often hear us call ourselves talent scouts. The outside relationships that Friesen | Rebec & Associates has established are highly talented and truly the sharpest in their respective areas of expertise. Our intent is not to replace your existing relationships, but to give you one of the best second opinions that you could receive. They will put together a memo that comes back to us and states one of two things; a) you have maximized your financial affairs in that particular area or b) We illustrate deficiencies and areas where you can save money/tax immediately or in the future.
Most people think the most important fact to building wealth is their rate of return. While returns are definitely crucial, as critical is building your wealth in a most tax efficient manner. You most likely have a broker, tax lawyer, accountant, etc. but if they aren’t talking to each other and the collaboration is non-existent then absolutely there will be areas that we will be able to maximize for you.
Selecting Top Professionals
See Professional’s chart.
When selecting leading professionals to partner with, Friesen | Rebec & Associates uses the following criteria:
- Be recognized leaders in their fields of specialization
- Be owners or senior partners in the firms they represent
- Be committed to providing incomparable client service
- Not be positioned as competitors of one or more other members
Leading professionals who partner with us do not receive financial compensation for referring business within the group. As such, our clients’ best interests are always foremost!
Coordination of Advisors
Managing the sheer number of financial specialists, strategies and diverse allocations within a successful portfolio is extremely time-consuming. In addition, coordinating and disseminating critical information in a timely manner can overwhelm the inexperienced. One of our fundamental responsibilities in the wealth management process is to ensure that relevant information gets to the right people at the right time. To accomplish this, we design customized financial reports and ensure the immediate distribution of appropriate information to you and the professionals involved in managing your family's affairs.
Significant wealth creates challenges for those who acquired it. Proper planning is critical to successfully maximizing the wealth for current and future generations. Proper preparation requires employing sophisticated techniques, most typically the orchestration of multiple trusts, a family foundation, family limited partnerships, LLC, and so forth. We have significant experience developing estate plans, and thus are perfectly suited to work with you and your estate planning attorney and other wealth transfer specialists to concept innovative ways your wealth can be used to achieve personal and family goals.
Administration of Trusts, Foundations and Partnerships
The process of estate planning usually results in multiple estate planning entities that have unique terms and provisions, as well as tasks that must be routinely monitored to make sure the estate plan is carried out in accordance with your goals and objectives. Our expertise in the administration of these entities relieves you of the burdens of meeting critical deadlines and ensuring that tasks and fiduciary duties are properly fulfilled.
Risk Management
Risk management entails many areas from sophisticated strategies developed to manage the risk associated with concentrated stock positions, to life insurance and asset protection. We work closely with experts in each subset of risk management to minimize risk and give you peace of mind knowing all planning opportunities available have been considered and evaluated.
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