Protecting your wealth and succession by mitigating financial risks.

There are many benefits to owning horses – they encourage us to be physically active, get out in nature, and socialize with other enthusiasts. Any horse lover will also tell you that the bond between a horse and its owner is like no other, especially since healthy horses live, on average, between twenty-five and thirty years.   Horses can also be valuable assets, if you know what you’re doing and why you’re doing it.  If you’re new to horse ownership, there are several things to consider, including: Know your motivation. Did you have horses as a kid, or has it been a lifelong dream? Do you plan on taking care of your horse yourself? If so, know that they are a huge commitment. They need large spaces to graze in and all-day access to grass, hay and water; at…

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How Wealthy Families are Providing Coronavirus Relief Through Direct Investment

There is no doubt that 2020 has been a challenging and transformative year. For some, every aspect of life has been upended by the pandemic; for others, the day-to-day has continued largely unchanged. No one, however, has remained completely unscathed.   The same is true in the business world. Many, unfortunately, have shuttered their doors or are on the verge of doing so, while other businesses are being created or pivoting in order to transcend the limitations placed on them. Like most crises, the pandemic has presented not only challenges but opportunities for exponential growth as we learn how to do things more efficiently, more conscientiously, and more profitably. For high net worth individuals and families, who have already pledged billions to pandemic relief efforts, it has provided an additional way to support the economy while growing their wealth.…

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Managing multiple properties & weather season creates a need for complete visibility with all your physical assets.

You can’t believe it’s happening again. It seems like yesterday when you purchased your second home – a modern masterpiece just a few hundred yards from the beach in Sag Harbor – only to have it nearly levelled by Superstorm Sandy. The floor-to-ceiling windows that sold you on the property were shattered, and the recently renovated great room was under several feet of water. Outside, magnificent Linden trees, some hundreds of years old, had been felled by gale-force winds and were waiting to be carted away. The aftermath of the storm was one of the most stressful times in your life. It was bad enough having to throw out the furnishings you and your spouse had chosen with such care and excitement; losing the eclectic collection of artwork and other items, most of which had been inherited from your…

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