Can you answer this question: “How does each investment in my portfolio serve my wealth plan?” For MCM, this understanding is an essential outcome of learning about you and your family and translating it into a comprehensive wealth plan that incorporates your evolving risk tolerance and your risk budget. This wealth plan puts monetary value on your financial needs, wants, and aspirations and matches to your cash, investment, and property resources. This gives you a funding map across discrete time segments. In these segments, we emphasize after-tax returns and protecting against losses. (Each dollar not lost to avoidable taxes and market downturns allows your portfolio to compound from a higher floor.) You will see how incoming cash or cash equivalents pay your bills over each 12-month cycle while growth from more successively volatile investments funds your cash needs many years into the future. Our expertise in alternative investments and structured products also gives us additional choice (beyond just ETFs, mutual funds, and individual securities) with which to customize your portfolio.
The magnitude of your annual income and capital gains taxes has become difficult to accept. You’ve intended to but have not yet made the time to explore mitigation strategies. We first discuss this matter with you to hear your concerns. We ask our tax experts, accounting, legal and executive benefits, to review your returns to discover mitigation and tax deferral opportunities and to provide suggestions. Based on our previous discovery process with you we also review your portfolio and suggest tax efficiency and tax loss harvesting strategies that balance tax reduction with diversification with return enhancement. You know now that you are doing all that’s possible to reduce your tax bill.
You’ve worked hard and long. You’ve been creative and successful. You’ve created wealth beyond your expectations. You also realize that you must find ways to protect this wealth. Both people and events beyond your control can create jeopardy for you and your family. Litigation, divorce, and catastrophe are common realities. We interview you; we understand your realities and concerns. We guide both our specialty legal and insurance experts to create appropriate wealth protections without burdening you with unnecessary complexity.
Your kids don’t always get along. You’re concerned that your wealth will negatively affect family relations both during and after your life. That disputes could squander the legacy you’ve worked so long and hard to create. Wealth affects so many families this way. We query you until we understand your concerns. We then engage and orchestrate family meetings with our legacy planning expert to unravel unproductive dynamics, get relations back on track and preserve your vision for your family’s legacy.
Many business owners like you began with an idea that would solve a need or problem, and your business and personal success resulted. This seed that drives so much of your creativity is the same fuel that motivates you and your family’s charitable giving. The giving plan we develop for you is a part of your overall wealth plan, and it centers on your values and passions. Certainly, your giving plan channels financial resources to the causes most important to you (and these may be separate or aligned with your business’s giving program), but it does so with efficiency. Why is efficiency important? Every dollar you save from taxation is a dollar available for your desired good work. There are a number of giving vehicles available for wealthy families, but many have costs and burdens that can sap purpose. Simply, the best giving platform maximizes your gift and its tax deductibility, maintains your control, and does so with low costs.”
Through a guided discussion using our proprietary package of questionnaires and analytical tools, we learn about your values, needs, aspirations, and anxieties as both an individual/family and a business owner.
As we learn what defines you and your future, we use these key inputs to frame both your initial portfolio design and advanced planning needs so we can discuss, refine and prioritize during our next step, the Recommendation Meeting.
From our first meeting, you may have refined how you think about your current wealth status and where you want to go. We trigger these thoughts with recommendations and discussion as we prioritize your planning and investment needs.
Our planning approach promotes flexibility to attack your top priorities first instead of forcing you into a rigid planning process with unnecessary delays.
Through a guided discussion using our proprietary package of questionnaires and analytical tools, we learn about your values, needs, aspirations, and anxieties as both an individual/family and a business owner.
As we learn what defines you and your future, we use these key inputs to frame both your initial portfolio design and advanced planning needs so we can discuss, refine and prioritize during our next step, the Recommendation Meeting.
From our first meeting, you may have refined how you think about your current wealth status and where you want to go. We trigger these thoughts with recommendations and discussion as we prioritize your planning and investment needs.
Our planning approach promotes flexibility to attack your top priorities first instead of forcing you into a rigid planning process with unnecessary delays.
Through a guided discussion using our proprietary package of questionnaires and analytical tools, we learn about your values, needs, aspirations, and anxieties as both an individual/family and a business owner.
As we learn what defines you and your future, we use these key inputs to frame both your initial portfolio design and advanced planning needs so we can discuss, refine and prioritize during our next step, the Recommendation Meeting.
From our first meeting, you may have refined how you think about your current wealth status and where you want to go. We trigger these thoughts with recommendations and discussion as we prioritize your planning and investment needs.
Our planning approach promotes flexibility to attack your top priorities first instead of forcing you into a rigid planning process with unnecessary delays.
As a business owner, challenges or opportunities can be of such magnitude that getting it done right can shape your future wealth dramatically. It’s at these points that having a team of experienced minds as an objective resource can be invaluable. An emerging strategy, if executed, can alter your business’s current plans, resource allocations, and cash flows. MCM’s SPs are an on-demand sounding board to hear your story, evaluate it with you, and give you unbiased advice. This advice may reside just with you or you may expand it to your business team to include other important functional areas.
Your executive team – current and future – is the lifeblood of any organization. If an executive leaves for another firm, they take with them all that they’ve learned; there is operational disruption too.
Similarly, recruiting executives is more than just salary, a robust executive benefits package is expected.
Our experts work with you to produce a top-tier executive benefit package for retaining the team that you have and to buttress the package you offer executives you want.
Protecting assets is essential in today’s litigious world. And, your personal property assets are subject to fire, flood, and environmental threats. Assets are not just things but are also your earning power, your intellectual property, and your digital footprint. Instead of a mix of insurance policies and the like, MCM’s specialists prepare an integrated protection program designed for efficiency, adaptability for a changing world, and lasting peace of mind.
Whether you’re a serial entrepreneur or your business is your life’s work, the value you’ve created is a major asset for you and your family. How this value transitions from corporate to personal wealth is the domain of succession planning. For some, this involves engaging family members in a robust experience track to take over operating leadership; others want to structure a management buyout or sell to a strategic buyer. Regardless of the path taken, the common objective is achieving the highest value. The expertise from our Specialty Partners can build the succession plan with you or review one that you already have put in motion.
The outcome of your succession plan is the wealth that flows to you. To achieve the highest value, there are many considerations from tax impacts to staged payments to board representation to advisory compensation. In working toward this exit point, you will engage a wide array of MCM Specialty Partners for effective execution. And here’s the key: MCM serves your family as the “connector” as the cash flows from your business exit and flow into your wealth plan.
