The strategy of minimizing tax liabilities while maximizing after-tax returns on investments.

The process of arranging for the disposal of an individual's estate, ensuring financial goals are met after death.

Individuals with substantial financial assets, typically exceeding $1 million in liquid assets.

Adhering to laws and regulations governing financial practices, ensuring legal and ethical standards.

A comprehensive service that combines investment management, financial planning, and estate planning.

Investment options that provide tax benefits, such as IRAs or 401(k) accounts.

Profits from the sale of assets or investments, subject to taxation based on holding period.

Tax liabilities incurred from various income sources, impacting overall investment strategy.

A strategic planning tool assessing strengths, weaknesses, opportunities, and threats related to a client profile.

The degree of variability in investment returns that an individual is willing to withstand.

Identifying the differences between current and desired financial states to enhance planning.

Legal documents outlining how a person's assets will be distributed after their death.

Legal arrangements allowing a third party to hold assets on behalf of beneficiaries, often used in estate planning.

Tools used to ensure adherence to regulatory requirements throughout the investment process.

The assessment of potential financial losses in investments due to market fluctuations.

Record-keeping of investment and estate planning strategies to ensure clarity and compliance.

The wealth and values passed down from one generation to another, often a focus of estate planning.

The system of rules and guidelines that govern financial practices and protect investors.

Strategies employed to mitigate potential financial losses and preserve wealth.

The effects of tax laws on investment decisions and overall financial planning.

A detailed description of a client's financial situation, goals, and preferences.

Plans designed to achieve specific financial objectives through asset allocation and security selection.

Holistic plans that address asset distribution, tax implications, and family considerations.

High-quality investment opportunities typically available to high-net-worth clients.

The process of determining a client's specific financial objectives to tailor strategies.

Investment vehicles that pool funds from multiple investors to purchase a diversified portfolio.