Read more about the article A New Way to Think About What Is Private Wealth Management.

A New Way to Think About What Is Private Wealth Management.

Historically, people who achieved a certain level of success have turned to financial advisors to manage every aspect of their estate  – including investments, philanthropic efforts, and succession planning. In recent years, however, shifting attitudes about wealth coupled with the availability of data has led many principals to become more interested in, and empowered about, handling their own affairs in understanding what is private wealth management. Instead of engaging a financial as a matter of course, they may take the time to weigh the various factors before making a decision. One of the obvious cons is the expense. Comprehensive services are typically reserved for those of high net worth (defined as 1.5 million dollars in total net worth or seven-hundred and fifty-thousand dollars in disposable assets). Another consideration is the goals they have set for their family moving forward.…

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Read more about the article How can property management platforms increase efficiency?

How can property management platforms increase efficiency?

To those in estate or property management, it’s no secret that the industry has been late to the game when it comes to property management platforms. During the height of the pandemic, they had to scramble, like most of us, to create a hodgepodge of processes that kept the doors open and kept them safe; now they’re seeing that many changes to the way the world does business  (i.e., less in-person contact) are here to stay. Whether you are selling properties or managing them, this means finding new ways to engage the client and collaborate with colleagues – and incorporating digital tools into your daily workflow. There are several different platforms one can use, but the bottom line is using an all-in-one solution will make the integration easier, even if your idea of technology has been limited to text…

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Read more about the article Benefits of a single platform for multiple home management.

Benefits of a single platform for multiple home management.

Despite increasing debate in recent years about the benefits of homeownership, for many it remains one of the benchmarks of security and their attainment of the American Dream. If this is the case, it stands to reason that owning more than one home is the proverbial icing on the cake. It also vastly increases the work, responsibilities, and costs with multiple home management, to the point that some find it easier to rent when they are on extended vacations or prefer more privacy than a resort can offer.   If you do own multiple homes, you know there would be no way to run them without substantial help, whether they are an hour’s drive or a plane ride away. This is not just about winterizing your place by the beach, but ensuring adequate security throughout the year and that…

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