Five Key Financial Concerns for The Wealthy

Many people share similar concerns about their finances, like ensuring you have enough money to meet all your monthly needs, and ensuring you have enough money to retire comfortably. But what about the wealthy? Are there specific financial concerns that only pertain to them?

In this episode, Tim Scannell looks at five financial concerns he regularly hears people are concerned about. Tim discusses wealth preservation, wealth enhancement, wealth transfer, wealth protection, and giving to charity as key concerns for the wealthy, and shares his insight about how to approach each concern.

Tim discusses:

  • Why “wealth” is more than just the amount of money in your bank account
  • Why clients are so concerned about wealth transfer
  • Why, as a business owner, you need to be concerned about wealth protection
  • How you can create a more impactful gift to charity
  • And more

Related: 3 Critical Wealth Planning Mistakes Family Business Owners Make