Clients with windfalls need to diversify and mitigate risk
Parents are helping children buy houses and start businesses
As taxes on the wealthy increase, strategies such as diversifying income sources and income splitting can be beneficial
Some advisors say wealthy investors are not getting service that meets high expectations
Advisors need more support to retain mass-affluent clients with growing wealth
Private Client Advice will provide customized coverage
The Grondin Group has partnered with Walter GAM and W Investments Group
Alex Catterick is taking on a newly created role, overseeing high-net-worth strategy in private markets
The firm says exposure to private companies will offer enhanced diversification to HNW investors
New private pools include alternative and low-volatility strategies