Intergenerational Wealth Management refers to the process of managing, preserving and passing on wealth from one generation to the next. This type of Wealth Management is focused on creating a sustainable financial plan that takes into account the needs and goals of multiple generations and can include a wide range of activities, such as tax planning, estate planning, investment planning, and risk management.
The goal of intergenerational Wealth Management is to ensure that wealth is passed on in a way that maximises the benefits for the current and future generations while minimising taxes and other costs. This can include strategies such as setting up trusts and other legal structures, creating a financial plan that balances current income needs with long-term growth and capital preservation and educating family members about financial literacy and asset management.
It is important to note that intergenerational Wealth Management is a holistic process that takes into account not only the financial aspect but also the social, cultural and personal values of the family to ensure that the wealth is aligned with the family values and vision.
The Investment Committee comprises the five PWA advisers plus a specialist investment research house.
Meeting quarterly, the Committee is responsible for the management of the PWA Approved Products List. Additionally, it reviews fund manager performance, benchmarks portfolio performance and identifies suitable new and emerging investment opportunities.
The PWA Investment Committee reviews and sets all tactical asset allocations for the coming quarter. These allocations form the basis of our customised client portfolios.
Independent auditing of the Cash Management Service provides security and transparency.
The team is responsible for PWA’s day-to-day operational, compliance, and tax reporting requirements, an essential contribution to our long-term client relationships.
The team welcomes your enquiry. Our commitment is to be available as required by clients. Your enquiry will be managed with absolute confidentiality.