We create pathways to help our clients achieve their potential for a life well lived. Learn about our solutions for the unique challenges faced by our clients.
Background: With over 50% of their entire net worth in one company, the Family desired a more stable and diverse portfolio
Solution: We advised the family on the various options to diversify their holding. When the family decided on a “block sale” strategy, Legacy Bridge interviewed several Wall Street brokerage firms and negotiated the terms of the sale.
Update: From the date of diversification through November of 2020, the per share price of the concentrated holding dropped over 78%. Had the Family not diversified, their net worth would have dramatically decreased. Meanwhile, the Family’s new diversified portfolio appreciated in value.
These results are not typical of all clients. Investment performance is not guaranteed. Portfolios will increase and decrease with market and economic conditions.
Background: Focused on protecting assets from future creditors and/or unexpected marital changes, a family requested assistance from Legacy Bridge to explore possible strategies, perform due diligence and present solutions.
Solution: Legacy Bridge gathered information from attorneys, potential trustees and multiple experts in the field. Various solutions were presented, including extending the termination date of several irrevocable trusts or the use of Asset Protection Trusts. Upon review of the solutions identified by Legacy Bridge, the family decided to utilize the Asset Protection Trust Strategy.
These results may not be typical of all clients.