Client Goals

This close-knit family client was looking to transfer wealth to the third-generation grandchildren and to create a positive legacy rooted in both family values and financial education.

Our Guidance

Professional Collaboration

Partnering with their estate planning attorney and accountant to ensure different family entities are structured in a tax-advantageous manner and invested to reflect the specific goal and purpose of that entity.

Consolidated Reporting

Providing consolidated reporting across all family holdings, both assets under Altair’s oversight as well as externally managed and non-liquid assets, with access to reports available on our private client portal 24/7.

Financial Data Aggregation

Serving as the middle man for tracking and collecting tax statements (1099s, K-1s) for all family investments and distributing them directly to the family’s accountant.

Family Financial Education

Serving as a third-party answering questions from children or grandchildren and providing family members with a resource for the kids’ financial education beyond their parent or sibling.

Trustee Support

Clarifying the administrative and investment responsibilities of the family member trustee and ensuring he has support in fulfilling his fiduciary duties.

Family Meeting Facilitation

Partnering with the family patriarch and second-generation parents to plan annual family meetings that promote family bonds and teach specific skills to the grandchildren including family history, goal-setting and delayed gratification, personal finance and beneficiary responsibilities.

Family Property Transfer

Helping them establish a partnership for ownership and future transfer of the family’s vacation property including the creation of governance terms that meet the needs of all family members.

Insurance Review

Providing an objective and comprehensive review of the family’s insurance policies to determine total coverage and advocating for their needs with brokers.