LVB: In November, RKL launched RKL Private Wealth. Why did the firm decide to do this and how does it fit in with RKL’s other offerings?
Peer: At RKL, we’re always exploring ways to better serve our clients’ needs by bringing together the best of our capabilities and expertise. RKL Private Wealth is the latest example. We know there’s a lot of complexity that comes along with significant wealth, so we designed this enhanced service model to help high-net-worth individuals and families navigate it all.
LVB: What kind of services does RKL Private Wealth offer?
Peer: RKL Private Wealth encompasses many of the services we offer to clients, with integrated planning, coordination and execution. This personal financial and legacy planning approach leverages RKL’s expertise in investment management, business succession, tax compliance and planning, estate and trust services and more.
LVB: How can having this division bolster RKL’s ability to serve its clients?
Peer: Businesses succeed in large part due to a talented team of experts working together to implement strategy and achieve goals. We think that owners and their families should manage their personal financial matters in a similar fashion. Our specialized advisors work in concert to manage all the details, keep our clients on track and protect their upward trajectory of wealth.
LVB: What are your goals for serving your Private Wealth clients?
Peer: Though we’re dealing with dollars, we’re focused on the meaning behind the money. We start each Private Wealth relationship with big-picture questions about needs, objectives and motivations. This allows us to make values-based decisions and develop a customized wealth strategy that gives our clients greater clarity, confidence and peace of mind.