The Situation

The founder of a successful business has taken his company public in an IPO. After this liquidity event, he now needs to create a personalized investment strategy to manage his assets and address his family’s short and long-term financial needs, which the founder has not fully identified.
 

Boston Private Solution

His Boston Private Client Advisor began guiding the Entrepreneur through our time-tested approach to planning, which included a full assessment of his goals and needs. The Client Advisor then assembled a personalized team of in-house experts specifically suited for the entrepreneur’s unique situation—including specialists in investment management, philanthropy, tax and estate planning.

Boston Private Wealth implemented three solutions to help the Entrepreneur and his family:

• Multi-goal planning: Boston Private worked to create plans regarding the Entrepreneur’s investments, trust and estate issues, tax optimization, risk management, and philanthropy.
• Portfolio construction: Boston Private constructed some initial portfolios, helping the entrepreneur to mitigate short-term risk by diversifying and partially hedging the concentrated stock position he had built up when his company went public.
• Financial education: Boston Private designed a six-month educational program for the Entrepreneur and his family, empowering them with knowledge that will help them make smart long-term decisions.

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Business Owners  |  Wealth Planning  |  Commercial Lending