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Ep 219: Serving Families Of Multi-Generational Wealth By Tackling The Personal Problems That Money Exacerbates with Coventry Edwards-Pitt
Ep 219: Serving Families Of Multi-Generational Wealth By Tackling The Personal Problems That Money Exacerbates with Coventry Edwards-Pitt
ratings:
Length:
93 minutes
Released:
Mar 9, 2021
Format:
Podcast episode
Description
Coventry Edwards-Pitt is the Chief Wealth Advisory Officer at Ballentine Partners, a wealth management firm that oversees nearly $8 billion in AUM for 230 ultra-wealthy families. Breaking down the math, that means each family that Ballentine serves has an average of $35 million of investable assets, making their wealth management practice highly unique—with a focus on the issues that reach far beyond this generation and the next. In this episode, Coventry shares how serving ultra-rich clients comes with challenges that many advisors will never manage, as well as what it really means to provide wealth management services to clients with millions in net worth. She also dives into parenting children in ultra-high net worth families and shares the common factors of well-grounded and well-rounded wealthy children. For show notes and more visit: https://www.kitces.com/219
Released:
Mar 9, 2021
Format:
Podcast episode
Titles in the series (100)
Ep 007: Building a Highly Profitable Lifestyle Practice by Age 35 with Matthew Jarvis: Matthew Jarvis is the managing partner of Jarvis Financial, a fairly typical practice - until Matt told me he took 83(!) vacation days last year. by Financial Advisor Success