 |
COUNSELOR
 |
Review answers in questionnaires |
|
Participate in family retreat |
|
Develop ranked list of goals |
|
Crystalize goals in a "purpose statement" |
|
Prepare Family Wealth Statement |
ANALYST
|
Analyze asset allocation, estate succession, income tax, retirement,
and risk management issues |
|
Illustrate distribution flow chart for current plan |
|
Draft summaries of legal documents |
|
Prepare graphs summarizing benefits to client, heirs, and charity |
|
Develop value proposition letter and/or financial checkup |
PLANNER
|
Choose between tactical and compre-hensive planning |
|
Assemble wealth strategies planning team |
|
Evaluate proprietary strategies and select tools |
|
Recommend retirement planning tactics |
|
Develop business succession plan |
|
Minimize income and transfer taxes |
|
Allocate assets to fund chosen tools and optimize portfolio |
|
Analyze risk management and asset protection |
|
Review insurance needs |
|
Describe solutions with graphs, text, and numbers |
|
|
|
|
ADVISOR COORDINATOR
|
Meet with CPA to review proposed income statement and balance sheet |
|
Meet with Family Foundation Board to review social capital plans |
|
Meet with Insurance Agent to review underwriting issues |
|
Meet with lawyer to review design and drafting checklist |
|
Meet with Money Manager to review portfolio design |
|
Meet with Spiritual Mentor to review family goals and values |
BINDER PUBLISHER
|
Assemble estate and asset optimization strategies in a file formatted
for printing |
|
Combine wealth design pages in a leather binder with tabs |
|
Prepare wealth design copies for other advisors |
|
Digitize wealth design binder contents in a pdf file, or on a CD
with hyperlinks |
LICENSED IMPLEMENTER
|
Assemble the virtual Implementation team |
|
Present final wealth optimization plan to licensed implementers |
|
Coordinate communication among advisors during implementation |
|
Facilitate legal document drafting and execution |
|
Complete underwriting of insurance |
EVALUATOR/ EDUCATOR
|
Track wealth optimization plan on intranet |
| |
Monitor goal status, investments, and insurance |
|
Acquire, sell, and/or monetize assets |
|
Develop Family Office Services |
|
Educate regarding responsibility of wealth |
|
Encourage stewardship and charity |
|
Develop, implement, and monitor grand-making policy |
|
Foster Family Involvement; develop youth advisory board |
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