Wealth Management for high-net-worth families & Individuals
Saving money is just one piece of the financial planning puzzle.
Growing and preserving wealth, on the other hand, are arguably the most important parts of your financial life.
After all, these are the processes that will carry you through retirement and leave a lasting legacy for future generations.
Custom & Comprehensive Wealth Management Strategies
Wealth management involves comprehensive strategies that aim to grow and preserve your savings while providing you with actionable advice for your financial decisions.
When you work with us, your specific wealth management process will be completely customized to your:
- Financial goals
- Risk tolerance
- Investment objectives
- Time horizon
- Estate planning needs
- Generational wealth planning
- Charitable contributions
- Asset protection needs
- Tax obligations
- And more
How Do I Choose a Wealth Management Advisor Near Me?
Wealth management professionals typically aren’t hard to locate. But finding the right fit can take some time and patience.
You’ll want to find a wealth management advisor who:
- Is a fee-only fiduciary
- Has the right investment minimum for your needs
- Is a great personality match
- Communicates with you clearly and consistently
- Works with your CPA and other professionals to pursue effective tax strategies
- Approaches your finances holistically
- Offers virtual appointments
Complimentary Discovery Calls & Initial Meetings
Your wealth is too important to hand over to just anyone to manage. Before you make a decision, you should feel completely confident in your wealth advisor.
That’s why we offer complimentary discovery calls and initial consultations to give you a chance to get to know us and ask us any questions you may have before you decide to work with us.
You Might Be Wondering…
When should I hire a wealth management advisor? A wealth manager can help with all aspects of your financial life. Therefore, it’s helpful to reach out when you’re…
Unsure of how to plan for your retirement
A wealth manager can provide you with growth and preservation strategies, properly allocate your assets, and help you determine how much you need to be saving.
When you have at least $500,000 in investable assets and want guidance on how to best optimize your money, you can benefit from the services of a wealth manager.
Ready to move on from DIY investing
And into a professional wealth management relationship.
Experiencing a complex financial situation
Such as starting or leaving a business, inheriting a large sum of money, preparing for multi-generational wealth planning, designing a complicated estate plan, or earning a very high income.
What is the difference between asset management and wealth management?
Asset management is the process of creating strategies to acquire, maintain, and trade your investments in pursuit of your financial goals.
The goal of an asset manager is to grow your portfolio, reduce risk, and provide you with cash flow from your investments.
Wealth management includes asset management, but also encompasses retirement, tax, estate, and financial planning.
This broader approach to your financial well-being encompasses your entire financial life.
Fee-Only Wealth Management
A fee-only wealth management advisor gets paid solely and directly from their clients for their services. This minimizes any conflict of interest in their financial advice and management because no one else is signing their checks.
At Five Pine Wealth Management, we are fee-only wealth management advisors.
We charge our fees based on assets under management (AUM) starting at 1.10% and decreasing as the size of your portfolio grows.
Want wealth management services without a conflict of interest?
on the amount between 0 – $249,999 = 1.10%
on the amount between $250,000 – $499,999 = 1.00%
on the amount between $500,000 – $999,999 = .90%
on the amount between $1,000,000 – $1,999,999 = .70%
$2,000,000 and above .50%
Our transparent fee schedule at Five Pine Wealth Management allows our clients to know without question how we get paid and that we’re working in their best interest.
Fiduciary Wealth Management
In our opinion, fiduciary wealth management is a must-have qualification. A fiduciary wealth manager is legally and ethically required to work in the best interests of their clients. This means they cannot be influenced by commissions from investments, insurance, or other financial products.
At Five Pine Wealth Management, we are all fiduciaries. When we manage your wealth, we are working under fiduciary standards, always alerting you to conflicts of interest, remaining loyal to you, and providing advice and guidance that is favorable to you and your portfolio.
Interested in Working With Us?
Reach out to us any time. We’d be happy to chat with you to help determine if we’re a good fit for working together.
We will respond to you within 24 hours.
Five Pine Wealth Management
250 NW Blvd, Suite 111, Coeur d’Alene, ID 83815