Sometimes, people have multiple assets. They may have a private business, they may have investments in other private businesses and multiple pieces of real estate.
If this is the case, you may want to consider Private Wealth where you have a separately managed portfolio for your stock and bond investments.
When you start to develop a portfolio of a certain size, having your assets in mutual funds no longer allows you to customize your tax strategies and manage the cash flow from your capital gains or losses. When you are in mutual funds, you might be taking the tax decisions of the manager of the portfolio you are invested in.
Secondly, as your wealth grows, there are often opportunities to reduce your relative fees.
Four Point Financial works with a collection of Private Wealth Managers to provide our clients TRULY CUSTOMIZED WEALTH MANAGEMENT.