Holistic Planning Expertise for High-Net-Worth Individuals and Institutions

Ultra-High-Net-Worth and High-Net-Worth Individuals and Families

For over 35 years, we have helped ultra-high-net-worth and high-net-worth individuals and families reach their financial goals through dynamic financial, estate and tax planning services. Our clients span diverse backgrounds including business owners, corporate executives, professionals and retirees. One of our specialties lies in helping individuals and families plan for and navigate times of transition, from estate planning to divorces to inheritances to other significant wealth events.

We provide our individual and financial clients with a proactive and strategic wealth management program that unites financial planning and investment management, along with comprehensive asset management, intergenerational transfers, philanthropic, estate, business, tax and retirement planning services. We custom-build our clients’ portfolios after a comprehensive review of client documents—including tax returns, estate plans, business agreements and insurance policies—to identify issues and provide holistic practical solutions to meet clients’ financial objectives.

Foundations and Endowments

We have a rich history of working with foundations, endowments and other non-profit organizations. Our personal and corporate civic altruism is evident in every market we serve. This commitment bolsters our knowledge of philanthropic pursuits and informs our strategies. We know a foundation’s endowment must grow to protect the organization’s mission, and we tap into our team’s deep expertise to help non-profit clients plan and invest for a better tomorrow. Our experience with institutional investments spans organizations of all sizes—and their shared need to perform, even in challenging economies.

Foundations we have advised over the years have:

• Enjoyed a far more organized and thoughtful approach to the management of the foundation/endowment
• Accomplished desired diversification of the investment portfolio, which reduces volatility and achieves long-term growth objectives
• Achieved confidence that their fiduciary responsibilities are being met
• Reduced their underlying administrative expense of running the foundation/endowment
• Realized increased contributions from their donors

Our history as advisors to endowments, as well as our principals’ experience in serving as officers and directors of endowments, have provided our team with the expertise needed to navigate their unique investment and reporting requirements. We understand and cater to the unique needs of boards and trustees alike.

We ourselves are very involved in the non-profit community and are civic and foundation leaders, knowledgeable about organizations’ programmatic and financial concerns. You can read more about Wescott team members’ involvement with organizations where we live and work by visiting our Wescott in the Community page.

Pensions and 401(k)s

Wescott’s experience in pension fund and 401(k) planning touches every facet of the investment—from the overarching strategy to individual products.

Our clients are concerned for the well-being and growth of their employees’ retirement resources. This sense of responsibility, together with the trustees’ own legal liability, is what drives our process. We provide excellence in administration, education and investment options and performance.

At Wescott, we:

• Work with custodians to develop holistic, thoughtful investment portfolio models and investment options
• Provide options that include guidance to participants with respect to their individual financial objectives and risk profiles
• Can provide annual workshops to educate participants about investing, options and model choices, including annual performance calculations for each model for participants’ review and comparison with other models
• Provide customized quarterly Investment Commentary