12 Wealth Management Issues[2]
- 1. Sophisticated Capabilities We draw from our extensive offerings to develop innovative solutions that build and enrich your financial life Financial Strategies Education Plan Industry-Leading Research Tax Management Wealth Management Process Beyond Banking Account Everyday Cash Management Merrill Lynch Visa Signature Rewards Program Savings Products Charitable Giving Insurance Private Family Foundations Trusts Estate Settlement Cash Management Financing Retirement Solutions Managing Income in Retirement Managing Job Transition Retirement Plan Home Equity Financing Interest-Only Home Financing 100% Home Financing Securities-Based Financing Alternative Investments Concentrated Stock Services Equity and Fixed-Income Strategies Managed Account Programs Asset Information and Measurement Client Review Merrill Lynch OnLine Statements
- 2. 12 Wealth Management Issues We have identified twelve wealth management issues that clients face where we can provide guidance and solutions. CHARITABLE GIFTING TITLING OF ASSETS BUSINESS SUCCESION PLANNING DISTRIBUTION PLAN AT DEATH STOCK OPTIONS Personal Risk Management Liquidity Needs Family Protection EXECUTOR/SUCCESSOR TRUSTEE ISSUES LIABILITIES Asset Allocation Overlap Correlation Debt Structure Efficiency Liquidity Maximize Pre-tax Contributions Beneficiary Designations Qualified and Non-Qualified Risk Assessment Asset Liquidity Restrictions AMT Impact Business Valuation Family Impact Tax Efficient Transfer Health Financial Family Communication Lifetime Strategies Family Values & Legacy 529 Plans Ongoing Management Family Involvement Fiduciary Issues Tax Efficiency Intention vs. Reality Minimize Family Conflict Communication Fiduciary Responsibilities Minimize Taxes Strategy Coordination Communication IRA Assets INVESTMENTS INSURANCE 1 2 3 4 RETIREMENT ASSETS 5 6 7 POWERS OF ATTORNEY 8 LIFETIME GIFTING TO CHILDREN & OTHERS 12 11 10 9
- 3. 6 Issues for Business Owners We have identified six primary issues for business owners where we can provide guidance and solutions. How do I maximize my bottom-line earnings? Cash Management Working Capital Management 1 What is my exit strategy? Sell : Private Sales Referral Network/Investment Banking Transfer to Employees : Employee Stock Ownership Program Transfer to Family : Succession Plan 6 How do I invest? Open Architecture Approach to Investment Managers Real Estate Financing 5 How do I facilitate growth without using cash reserves? Loan Management Account (securities based) Business Lines of Credit 4 How do I provide benefits to stay competitive? Qualified Retirement Plans Corporate 529 Plans 2 How do I incent and reward my key employees? Non-Qualified Retirement Plans Corporate Sponsored Financial Planning 3