OUR MISSION
Many of our clients have accumulated their wealth over time; in some cases, over multiple generations. Others have come into their wealth more recently through an inheritance or a liquidity event such as the sale of a business.
When it comes to serving our clients, our mission is to help our clients enhance, protect and sustain their wealth.
ENHANCING wealth is about capitalizing on opportunities. It means making smart decisions about where and how to deploy a family’s assets. Some of the best opportunities are not always visible to the untrained eye.
To enhance wealth one must know what to look for and where to look for it.
PROTECTING wealth is about minimizing threats that can adversely affect a family’s wealth. It is about managing risk in a prudent and cost effective way. Undue risk comes in many forms. It can easily be overlooked until it is too late to avoid.
Protecting wealth requires insight and foresight. It demands that we remain vigilant and proactive at all times.
SUSTAINING wealth is about stewardship. It is about managing one’s resources with an eye toward the future. When it comes to inter-generational wealth, sustainability depends on the extent to which an individual’s or family’s values are passed on from one generation to another.
Stewardship calls for a strong sense of purpose. It requires that we maintain a clear and meaningful vision; one that is embraced by those who will carry our torch in the future.
OUR SERVICES
Our services are customized to suit the individual needs of our clients. Our work can be categorized into four main areas:
Financial Planning
Financial Planning can involve involve all aspects of your financial picture. From debt to taxes, social security optimization and assets, there is always room to improve what you have and insure good plans for the future. That is why we take a customized approach with every client at Keenan Private Wealth Management.
Retirement Planning
Retirement planning should start early in your working life. Even if that was not done, or wasn’t possible, we can help you strategize so your retirement is not a burden later in life. As a Certified Retirement Management Advisor (RMA®), we can make sure your retirement is a truly enjoyable experience.
Investment Management
As a Certified Investment Management Analyst (CIMA®) with 45 years of experience, we leverage the intellectual capital in our reach to best serve your accumulated, significant assets. For each high net-worth client, we develop customized Investment Policy Statements to carefully construct individual or group portfolios, which we then monitor in order to obtain the best, long-term results.
Wealth Management
One of the most important services we provide for our clients is to reduce the level of complexity in their lives. We accomplish this through a Dynamic Wealth Optimization™ process which empowers family members with the knowledge they need to become better stewards of their family’s wealth. Together, we consolidate and integrate accounts from the various financial institutions clients use, coordinate the efforts of other professional advisers and service providers to relieve family members from having to manage this function, and we facilitate planning sessions with family members and their other advisers to reduce the emotional stress that often accompanies this responsibility.
To get started, we suggest that you sit down with us to chart out a plan that suits your needs and specifications. Click here to schedule a free financial analysis today.
OUR FEES
Keenan Private Wealth Management is an independent, fiduciary financial advisor that participates in the BNY Advisors Managed 360® Program, a “wrap-fee” portfolio management sponsored by BNY Advisors.
Annual fees for Investment Management Services are based upon a percentage of assets under management and is generally around 1%. A minimum of $500,000 of assets under management is required for this service. Financial Planning fees are determined based on the nature of the services being provided and the complexity of each client’s circumstances. These fees are calculated and charged on an hourly basis, ranging from $300 to $500 per hour. Retainer fees may be requested upon completion of initial consultation and short-term consulting services are provided at similar rates.