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How We Work with Individuals and Families

The Super Wealthy Stress Test Their Financial Plans — and So Should You


The super wealthy who have a family office typically engage a sizable lineup of professional advisors to help them create and implement financial plans. To ensure those plans are both state-of-the-art and in line with their needs and wants, many of the super wealthy regularly “stress test” these plans.

Here’s why you should join them in that effort, even if you’re not nearly as wealthy:

  • Testing the assumptions of a financial plan can help confirm it’s right for you or identify any ways it could jeopardize your goals and put you at risk.
  • High level stress testing involves a systematic process that examines goals, changing scenarios and costs to determine the right course of action.
  • Individuals and families don’t have to be outrageously wealthy to benefit from a financial stress test.
  • Stress tests will especially benefit business owners and their families who generally have so much of their future financial security riding on one asset: their business.

As part of your Stress Test, we’ll get together for our Discovery Meeting. Hopefully, we can confirm you’re on track to meet your values and goals. If needed, we’ll suggest ways in which we can help, including recommending someone else if we determine we’re not a good fit for your needs. Either way, you’ll receive a personalized analysis of your current situation.

Stress Testing is a very powerful form of a second opinion. Getting a second opinion is very characteristic of successful family offices. More than nine out of ten single family office senior executives we surveyed had stress tested financial services and solutions they were considering for the affluent family clients over the past five years.

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