Navigating the complexities that come with wealth is hard to do alone. Fortunately, our team is here to help you build a holistic plan to grow and protect your wealth for future generations. Our culture and company values guide how we’ll work with you to realize your vision, fulfill your mission and achieve your goals.
- Financial Planning: Initial and ongoing integrated financial planning that may include any or all of the following: retirement, tax, estate, charitable giving, cash flow analysis, protection planning, and business continuity.
- Coordination with attorneys, accountants, and insurance advisors to ensure cohesiveness of plan.
- Design and maintenance of an Investment Policy Statement (“IPS”) that takes into account your liquidity needs, return objectives, risk tolerance, income needs, and tax considerations.
- Asset allocation strategy based on IPS used as a blueprint for constructing a portfolio of investment managers selected through deep manager diligence process.
- Publications outlining minimum quality standard views and commentary on macroeconomic and market conditions.
- Quarterly client reports detailing performance, risk metrics, and holdings.
- Bookkeeping and other administrative/reporting support, including assistance completing documentation related to investment activity.
- Lifestyle management services
- Trust administration
- Property management support
- Tax preparation
- Bill pay
- Assistance defining and clarifying philanthropic goals and structuring implementation.
- Close coordination with tax and estate planning professionals.
- Assistance with board governance policies and insight into private foundation management.
- Life insurance analysis.
- Property/casualty insurance review.
- Assistance with collectibles inventory, appraisals, and protection.
The following case studies are based on actual client relationships and are offered to illustrate the benefits that Massey Quick Simon's customized approach can provide.
Managing a Liquidity Event
The Jones family built a successful manufacturing company in the Midwest over three generations. In 2005, a competitor made a generous offer for the company. The offer, which combined cash and stock in a publicly traded company, was too good to pass up. It was a bittersweet decision that presented a unique set of issues and opportunities for this multi-generational family.
Tired of Wall Street
Mr. Brown had a long-standing relationship with the private wealth management division of a prestigious investment bank. Over time, he felt his advisor lacked objectivity and was more interested in selling him products than in guiding him to his long-term goals. He began looking for an independent advisor to provide him with objective advice without the conflicts of interest inherent in product sales.
Moving Away From Self-Directed Investing
Mr. Shepherd, a successful businessman, had numerous investments made on the recommendation of friends, brokers and other financial professionals. As his accounts grew, he recognized that he needed someone to conduct more thorough due diligence on his current and prospective investment managers, advise him on the proper balance for the portfolio and provide a consolidated statement.
Guiding a Widow to Financial Independence
Ms. Morelli, a newly widowed 62 year-old woman with two grown children, came to Massey Quick Simon at the suggestion of a friend. Her late husband had managed all of their investments without the assistance of an outside advisor. He had kept Ms. Morelli in the loop in a general sense but she had never been intimately involved in the day-to-day transactions or composition of their joint portfolio. Composed, yet anxious to build an understanding of her estate, Ms. Morelli looked to Massey Quick Simon for guidance and organization as she entered the next phase of her life.