You are unique. So are your needs and goals. How may we help you?
Chances are that you are searching for an advisor because you want to improve some aspect of managing your wealth. The case studies below identify just some of the client needs we’ve worked to help address. While our clients have different needs and goals, they share a similar desire to have a well-conceived plan to achieve their goals, a roadmap to follow, and planning and investment professionals to guide them and help them achieve the progress they seek.
We work with a select number of individuals and families so that we can dedicate ourselves and our resources to continually improving their financial lives through long-term relationships. Our work may include working with related family members and their family foundations.
Disclaimer: The case study names below are acronyms intended to describe fictional clients with common financial circumstances that we work to help address. These persons are not current or former clients of ICW. Photographs are included for the sole purpose of visual enhancement of this written material. None of the photographs are of current or former clients. They should not be construed as endorsements or testimonials from any of the persons in the photographs.
CORPORATE EXECUTIVE LACKS INVESTMENT ADVISOR
Celia is an executive for a Fortune 500 company. Managing 3,000 employees, she travels frequently and has zero time. In addition to her demanding career, she manages the family household, the special needs for one of her children and oversees care for elderly parents. She lives a complex life with constant demand for her time and attention. She needed help creating big picture clarity, minimizing complexity and managing priorities. She recognized that she needed an advisor with team-supporting collaborative skills in addition to core planning and investment competencies.
PROFESSIONAL AND UNDERSTANDS LIABILITY
Paul is a health care professional who lives in a demanding and litigious world. Much is required and expected of him and he needed other professionals around him to deliver the same in his money world. Paul needed a professional advisor to help him develop strategies to protect his assets, develop and monitor his plans to retire and manage his pension plan account for his practice and his personal investment and IRA accounts.
SUCCESSFUL, INDUSTRIOUS ENTREPRENEUR NOW NEEDS ADVISOR
Sienna followed her dream as she created a new fashion line that has become firmly established and is now enjoying solid growth. She travels extensively as her line broadens its reach and she realizes that the success she envisioned is upon her. Sienna recognized it was time to add another member to her team of trusted advisors to help her see beyond the moment and help her work on developing her financial independence beyond her new company.
WORKED ALL LIFE TO ENJOY RETIREMENT
Walter and his wife have enjoyed successful careers, more than one in fact, and have been disciplined to save regularly using employer-sponsored retirement plans and individual retirement accounts, and have made some additional investments with their after-tax savings. They found that their diligence and tenacity paid off as they realized the magnitude of the final result measured on a much larger scale than the annual contributions they ever made. They didn’t want the responsibilities of managing their investments to be their next job, as they have a good list of other endeavors they prefer to pursue instead.
EXECUTIVE DOING WELL AND RESPECTS DIVERSIFICATION
Edward was a senior corporate executive who created his wealth by accumulating a concentrated position in his company’s stock during his career. He recognized that stock concentration helped him build his fortune and that maintaining such stock concentration could just as easily ruin it. He had seen others suffer staggering losses by unnecessarily retaining the unrewarded risk of holding a concentrated stock position. Edward was looking for an experienced investment advisor to help him create a plan to transition into an effectively diversified investment portfolio to help him preserve his family’s wealth.
INHERITED, RESPONSIBILITY IS SCARY
The responsibility for money had just fallen unexpectedly in Iris’ lap and she was inexperienced in this arena. While her lack of experience made her uncomfortable, she recognized that she was astute and disciplined and she was unwilling to just let someone else take care of it for her. She had witnessed the losses, hardship and sadness of others who had abdicated financial responsibilities that they should have kept for themselves. Iris wanted an experienced financial advisor to help her set the course, provide the technical advice and manage the day-to-day activities.
MADE IT, CAN HAVE AN EASIER LIFE
Michael is enterprising and has taken and lived with many business risks to achieve financial gain. He built a business and succeeded by working with others who could contribute the knowledge, skills and experience he lacked. Then, he was blessed to be able to harvest the fruits of his endeavors. Michael recognized that he still needed the knowledge, skills and experience of others for his continued success, especially as the nature of his assets had changed.
WIDOW IN NEED OF NEW ADVISOR
Winona tried to work with her late husband’s stockbroker and brokerage firm, and she was not able to develop an ease of comfort with the relationship. She had no background or experience to evaluate the broker’s recommendations and knew that the broker’s title of Vice President was earned by producing a certain amount of sales commissions for the brokerage firm, and she was uncomfortable with that. Winona wanted a fiduciary relationship with an advisor who was held to always act in her best interest.
HIGH EARNER, NOT RICH YET
Henry’s hard work is paying off as he hits his stride in his career. He is focused on his career opportunities and enjoying his family with his wife, so he delegates to those who can support him. Time is his most precious commodity and there can’t be too many additional sets of hands to help him and his wife with all that is on their plate. Both Henry and his wife recognized that financial planning and managing investment portfolios are career tracks that neither of them have the time nor training to risk trying to pursue themselves.