Our Service Offering
GenSpring offers families of substantial wealth a wide variety of services all designed to provide sustainable wealth without worry. These services not only help families sustain wealth across generations, they help families experience the positive effects of wealth by placing significant focus on maintaining strong family values.
Investment Management
- Risk Management
- Customized portfolios
- Current portfolio review
- Investment policy definition
- Asset allocation strategy
- Investment strategy
- Manager selection and oversight
- Performance reporting and analysis
Governance
- Family meeting facilitation
- Family mission statement development and execution
- Family governance system development
- Succession planning
Family Member Education
- Financial education programs
- Family wealth mentoring
- Trustee and beneficiary mentoring
- Values education and mentoring
Philanthropy
- Philanthropic mission statement development and execution
- Development of formal giving plan
- Creation of recipient selection process
- Identification and implementation of charitable structures
- Evaluation of gift effectiveness
- Gift administration
- Philanthropic networking
- Ongoing portfolio review and reporting
Tax and Estate Planning
- Review and illustration of Estate Plan
- Creation and communication of wealth transfer objectives
- Development and implementation of estate planning recommendations
- Estate plan reviews and monitoring
- Trustee services (via affiliated trust companies)
- Trust administration
- Estate administration
Tax Planning
- State and Local tax planning
- Timely harvesting of gains and losses
- Maximizing the benefits of philanthropy
- Closely-held business tax family planning
- Tax planning for trusts and estates
- Coordination of financial data with tax preparers
Risk Management
- Evaluation and acquisition of property and casualty insurance
- Evaluation and acquisition of life insurance
- Personal liability assessment