Overview of Family Assets

OVERVIEW OF FAMILY ASSETS

Clients’ managed liquidity typically represents only a part of what they own. This can be particularly pronounced with wealthy families. Assets include multiple residences, commercial real estate, private-company interests, concentrated employer stock, alternative assets (P/E, VC, hedge funds), 401(k)s, collectibles, etc. It can often include liabilities, leverage taken against these assets. As we commence a wealth-management relationship with our families, we start by gathering, organizing and analyzing each of these assets and their relationship to the total balance sheet and to the family’s financial objectives over the short, and long, term.

Gather information on assets, liabilities and titling to prepare a net worth statement with supporting schedules.
Track net worth over the years.
Monitor allocation of total balance sheet to avoid over-exposure.

Continue reading: Cash Flow Planning

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New Hampshire

18 Congress Street - Suite 209

Portsmouth, NH 03801

(603) 431-3498

Maine

One Monument Square - Suite 601

Portland, ME 04101

(207) 523-1110

Form Client Relationship Summary ("Form CRS") is a brief summary of the brokerage and advisor services we offer.
HTA Client Relationship Summary
HTS Client Relationship Summary

Hightower Advisors, LLC is an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Securities offered through Hightower Securities, LLC, Member FINRA/SIPC. brokercheck.finra.org

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