Services
Comprehensive Wealth Planning
At RLS Private Wealth Consulting, our comprehensive, ongoing wealth planning services go beyond the numbers—we take the time to understand your family's unique dynamics, financial landscape, and long-term aspirations. Whether you are a first-generation wealth creator or a steward of a multi-generational family business, we craft a personalized strategy that aligns with your goals and values.
Financial Modeling: From net worth and cash flow forecasting to advanced estate, legacy, and business succession planning, we provide expert guidance to help you navigate complex financial decisions with clarity and confidence. Our strategic approach ensures that your wealth is not only preserved but also positioned for prudent growth and long-term impact.
Risk Management: Comprehensive evaluation of your financial position, family dynamics, and legal architecture that extends well beyond the traditional wealth planning model. This approach enables us to deliver objective guidance while coordinating with your attorneys, CPAs, insurance professionals, and investment managers to protect your wealth and preserve your family's legacy.
Investment Analysis: Our independent assessment evaluates portfolio structure, diversification, risk exposure, liquidity, and alignment with your overall wealth planning objectives.
Tax Planning: We work alongside you and your CPA to evaluate your current tax position and identify strategic income, estate, and wealth transfer planning opportunities. Our goal is to help improve tax efficiency and preserve more of your wealth for the people and causes that matter most to you.
Charitable Planning: Together, we develop a charitable giving plan that reflects your values and advances your family's legacy.
Wealth Concierge Services
While our Wealth Planning Services provide the strategy, our Wealth Concierge Services help execute the details—delivering comprehensive support, project management, and coordination to keep your financial life organized and moving forward.
Personal CFO: Providing financial guidance, high-touch concierge support, and personalized task management allows you to leverage your time while knowing the important tasks you delegate are handled to your specifications.
Advisor Coordination: We coordinate, manage, integrate, and monitor relationships with your professional advisors, ensuring communication is seamless and tasks are handled efficiently. When needed, we provide due diligence for new professional providers, reducing your time to identify qualified providers.
Family Governance Planning: Our work is mandated through your family policies and procedures, ensuring that our work product for your family’s benefit aligns with your family’s communication standards and your values. We regularly assist families with continuity planning, managing conflict, and meeting facilitation.
Digital Tools: We use highly secure digital tools to help families document, organize, and maintain a family digital file drawer and financial reporting platforms.
Family Office Services
Serve as family chief operating officer, responsible for daily operational, administrative, and/or executive oversight of a family’s affairs and ensure continuity through transitions and generational change.
Operations Management: Serve as the family's trusted executive advisor, managing day-to-day affairs in accordance with established governance, confidentiality, and operational policies.
Advisor Coordination: Manage and monitor relationships with professional advisors and provide due diligence for new advisors. Uphold strict confidentiality standards in managing advisory relationships.
Governance: Facilitate family meetings, oversee governance initiatives, coordinate communication among family members and trusted advisors, provide strategic oversight of family financial matters, and ensure continuity through proactive risk management and long-term operational planning.
Bookkeeping, Bill Pay, & Reporting: Manage monthly bookkeeping and operational reporting for family entities and family members. Create and track annual budgets, maintain audit-ready records, and provide tax preparation readiness.
Document & Information Management: Administer a secure digital document vault with consistent naming conventions, compliance workflows, and audit-ready record-keeping.
Family & Household Operations: Facilitate vendor onboarding and compliance. Manage family communication coordination, estate planning compliance, and special projects.
Investment Consulting Services
Our role is not to manage client’s investments but to provide holistic analysis and advice on a client's investment portfolio to ensure it aligns with their broader financial goals and risk tolerance. Unlike traditional investment management, these services are purely consultative and may include:
Investment Policy Statement: Assist clients in the creation, execution, and oversight of their family investment policy statement by evaluating their family’s values, investment thesis, tax considerations, time horizon, restrictions, and other pertinent information relative to the management of their comprehensive investment portfolio.
Portfolio Analysis: Reviewing current asset allocations, security selections, fee structures, and tax efficiency across all account types, including qualified plans and employee stock options.
Strategy Coordination: Collaborating with a client’s existing investment professionals, custodians, or broker-dealers to ensure that investment strategies are properly implemented and integrated into a comprehensive wealth plan.
Advisory Guidance: Assisting clients in selecting and interviewing third-party investment advisors and providing broad information on various investment vehicles without exercising discretionary authority over the assets.
Ongoing Monitoring: Regularly reviewing investment holdings as part of a larger financial planning process to adapt to changes in a client's life situation or market conditions.
