Our private clients’ investment portfolios are an integral part of their financial enterprise. Because no two families are alike, we work closely with each investor to build a portfolio based on his or her unique investment objectives, tax considerations, risk tolerance, and other unique factors. We are also practiced at collaborating with other financial advisors to create a seamless partnership.
Our expert investment teams work with families at various stages of the investment lifecycle. We aim to build long-term relationships with our private clients, helping them to prepare for generational wealth transfers, establish governance processes, and educate family members on how to preserve and grow their wealth.
The relationships we build are grounded in an alignment of interests with our clients. We don’t generate fees from investment products or have financial relationships with managers for recommending their products. Our clients can trust that the investment decisions we make for their portfolios are meant to achieve their financial objectives, not our own.
* Cambridge Associates typically works with families, family offices, and individuals with a minimum portfolio size of $100 million.
In 2018, we reviewed the state of social equity investing, with a focus on racial equity investing. The themes we highlighted then are even more relevant today. In this paper, we discuss the renewed sense of urgency around racial equity investing and put forward three actions investors can take to address the inequities inherent in our society.
Grantor retained annuity trusts (GRATs) have been a popular and effective wealth transfer strategy for US families in recent decades and are even more compelling now. Despite their advantages, GRATs cannot achieve their full potential without careful analysis of multiple factors, including structuring and investment considerations.
In this edition of VantagePoint, we review the shape of historical recoveries from bear markets and recessions. We believe that both a V-shaped and a disastrous L-shaped economic recovery are unlikely, with a W- or U-shaped economic recovery more probable.
Families of wealth face three key questions about intergenerational wealth planning: how best to invest to sustain future generations; how best to engage the next generation; and how best to ensure family unity endures. Often each question is addressed independently. We find that a conversation across generations about the impact of a meaningful venture capital allocation can help address all three questions in an integrated manner.
Every day, CREO and Cambridge Associates encounter wealth owners, families, and family office professionals who are starting down the path of sustainability investing. This paper details the typical path these investors take, the questions many of them face, and the way that many of them successfully develop a winning strategy that generates both returns and impact.
Families with multigenerational wealth may be particularly well positioned to consider allocating 40% or more of their assets to private investments. Assuming these families have the requisite long-term time horizon, patience, and ability to act quickly, they stand to benefit not only from the potential for higher returns but also from the tax-advantaged nature of private investments. Life could get better after 40%!
Thoughtful decisions during chaotic environments are what separate the top-performing investors from everyone else. In this series, we review five important topics that should inform any plan to manage portfolios through equity market downturns.
