Wealth isn’t just about accumulating assets. It’s about enjoying the opportunities and experiences that come with it. Opportunities to do the things you’re passionate about. Supporting causes that matter to you. Experiencing new cultures or places, or developing your own talents or those of others. Making wise choices about your spending and borrowing can help you achieve not only your financial goals, but your life goals, too.
Getting More from Your Money
Managing your cash flow wisely involves understanding the bigger financial picture of what goals you’re trying to achieve, whether that’s planning for retirement or your next globe-trotting adventure.
These questions can help you identify and prioritize your spending:
- Is the priority a more luxurious lifestyle or starting a new business?
- How important is passing on a large legacy to heirs or a charitable foundation?
- How much wealth do you want/need to retire or meet your personal financial goals?
- How much wealth do you want to provide to heirs or a charitable organization?
- How involved do you want to be with your day-to-day banking – or would you rather have a financial professional take care of those dealings?
The Power of Borrowing
Whether you’re looking to finance a new home, a new business or a whole new endeavor, you can tap into various credit options.
Some benefits of your flexible credit and purchasing power can include:
Personal lines of credit so you can quickly access the funds you may need for short-term cash flow or purchases.
Personal loans with competitive rates, which make it possible for you to finance larger purchases.
Leveraging investment assets as collateral can help you avoid the tax and long-term investment consequences of liquidating stocks or bonds.
Jumbo mortgages allow you to finance the funds you need to secure your real estate purchase(s).
Exclusive credit cards available for high-wealth clients often offer equally exclusive benefits and rewards.