Spectrum has vast experience working with ultra-high net worth families that demand customized solutions to meet their objectives. Often, we find that unique services with our family office clients and their families are necessary to establish the framework to accumulate and transition wealth to the next generations. This service targets clients with a minimum net worth of $10 million or unique situations that may require additional attention beyond our core wealth management service.
We are focused on guiding our clients to financial confidence by simplifying their financial lives. Our process allows us to identify issues and find untapped opportunities that have been overlooked by others. We approach our process through a dedicated multi-disciplinary team of financial planners, investment professionals, and tax experts working together for your benefit and success. The result is coordinated advice, guidance, and education.
Gaining insight into a family’s financial wealth and values is central to developing effective wealth transfer strategies. We help facilitate the meaningful conversations between you and family members that will result in a sound legacy plan.
We assist families in facilitating the management and execution of thoughtful plans to balance, support, and grow individual members while benefiting from the strength and legacy of the family as a whole. We are often asked for advice about planning for the complexities and issues that accompany wealth. Most often, the questions are not centered on investment management and tax planning but are about how to be effective stewards of family wealth, how to create a plan, and how to make prudent decisions for the long term. At the same time, these families wish to avoid the unforeseeable issues that become the source of conflicts, even in the most financially mature families.
Many families believe that every individual has a responsibility to their family and the community at large. Since giving is different for everyone, we provide the thought leadership and advisory capabilities to structure meaningful solutions that engage and empower all family members in giving back. We provide administration, policy development, and education and advice on various methods to accomplish a desirable philanthropic plan.
A legacy plan is more than your wealth. It is about your values, your hopes, and your dreams. Spectrum takes great pride in providing high-touch, personalized services, customized to the individualized needs of our clients and their beneficiaries.
We have spent years providing objective guidance to individuals and families regarding intergenerational wealth transfer strategies, asset protection, and charitable strategies. Through National Advisors Trust Company, FSB, the nation's largest federally chartered advisor owned independent trust company chartered to operate in all 50 states; we offer a wide range of trust services. Our coordinated trust service keeps the family relationship within Spectrum to provide a personalized service experience to carryforward your legacy as you intend.
Spectrum has coordinated legacy planning for individuals and families to implement their estate plans to achieve their wealth transfer goals. We work closely with clients to administer estate plans, which may assist you in:
Through National Advisors Trust Company, FSB, we can offer:
Trusts offer unique benefits of privacy, continuity, and professional management and create unique challenges. When written in a way that truly expresses your wishes, a trust can reward you with the peace of mind that knowing your family’s needs will be well served. We can bring effective trust administration to your team of advisors to ensure continuity that the plans you have developed are executed as you intended.
When you prefer a family member or friend to settle your estate or act as your trustee, they may want a professional to offer guidance and assistance regarding the technical aspects of the personal representative or trustee function. We have designed a service to work in tandem with the trustee to assist with the many administrative functions such as bill payment, distributions decision and documentation, and income tax preparation and offer support and guidance. Our Advisor to the Individual Trustee Service provides a bridge between a possibly unknown corporate trustee and a loving family member or friend.