Latest news with #advisors
The Verge
a day ago
- General
- The Verge
I need to know so much more about Trump's iPhone.
Posted Jun 2, 2025 at 7:57 PM UTC I need to know so much more about Trump's iPhone. This fun story from The Atlantic is about President Trump's love of phone calls, and the risks that entails: impersonation, hacking, and much more. But as soon as I read an advisor saying that 'he is not walking around with a run-of-the-mill iPhone off the shelf,' I immediately had one thousand more questions. I now need to go find answers. (Also, if, like me, you've never stopped wondering how Obama's BlackBerry worked, there are some interesting details here.) The Secret History of Trump's Private Cellphone [
Forbes
6 days ago
- Business
- Forbes
More Than Glass: How Passion, Preservation And Faith Shaped My Business Philosophy
People ask me now: What advice would you give to someone trying to turn their passion into a business?
News.com.au
27-05-2025
- Business
- News.com.au
Have a Long Runway for Succession Planning
Raj Bhatia, private wealth advisor with Merrill Private Wealth Management, recommends that advisors set aside at least three to five years to ensure a successful succession plan.
News.com.au
27-05-2025
- Business
- News.com.au
The Benefits of Having Family Be Part a Succession Plan
Raj Bhatia, private wealth advisor with Merrill Private Wealth Management, describes how bringing a family member on board can benefit the firm and clients.
Forbes
27-05-2025
- Business
- Forbes
What Is Holistic Planning For Ultra-High-Net-Worth Families?
Close-up of people communicating while sitting in circle and gesturing For ultra-high-net-worth (UHNW) families, effective planning transcends financial management. It involves a comprehensive strategy that integrates tax, legal, investment, and philanthropic efforts together with both eldercare for older clients and education for younger clients, into a seamless whole. Unfortunately, many UHNW individuals still experience fragmented planning, as many firms focus narrowly on specific areas like tax mitigation or asset protection without considering the big picture. Holistic planning can serve as a game-changer for UHNW families, offering a unified approach to wealth management. The Essence of Holistic Planning Holistic planning isn't just about ticking boxes on a checklist; it is about crafting a cohesive vision that aligns legal, tax, investment, philanthropic, and family governance strategies. This integrated approach ensures continuity, legacy, and control, providing UHNW families with a clear direction for the future. The Role of the Holistic Advisor Think of a holistic advisor as the strategic coach for a UHNW family, designing a long-term playbook that aligns with the family's values and vision. This role involves coordinating a team of professionals, lawyers, CPAs, and investment managers, to ensure each part of the plan works harmoniously. It is about moving the wealth management strategy down the field effectively, with every player working in concert. Key Components of Holistic Oversight From Strategy to Execution Holistic oversight is an ongoing commitment, not a one-time service. Regular reviews, implementation checklists, and coordination across advisory teams are vital. As a consultant, I offer strategic reviews and fiduciary audits to ensure plans remain responsive to changing dynamics. The Importance of Holistic Planning Today As we face significant tax law changes and a massive generational wealth transfer, the necessity for holistic planning has never been more acute. UHNW families need an advisor who understands their assets, values, and vision for their legacy. Holistic planning is essential, not just a luxury, for those with complex holdings. Conclusion For UHNW families seeking integrated oversight, holistic planning is the key to ensuring that their legacy is not left to chance. By building with clarity, control, and continuity, families can secure their wealth across generations. Connect with a holistic advisor today to take the first step towards a unified, actionable roadmap for your family's future.
