Introducing Higginbotham’s Family Office Practice: Tailored Risk Management for $25M+ Net Worth Individuals

Are you a high-net-worth individual or an advisor to ultra-high-net-worth clients? In today's complex financial landscape, having the right risk management strategy is crucial. That's where Higginbotham 's Family Office Practice comes in. With a dedicated focus on families with $25M+ in assets, we offer a comprehensive approach to safeguarding your wealth and legacy.

Why Choose Higginbotham ?

1. Single Source, Single Contact Navigating the myriad risks associated with substantial wealth requires a holistic approach. Our practice offers a single point of contact for all your risk management needs, ensuring seamless coordination and peace of mind.

2. Total Family Balance Sheet Our proprietary Total Family Balance Sheet? system provides a global assessment of your private, public, liquid, and illiquid assets and liabilities. This integrated approach helps us understand, assess, and mitigate risks unique to your family’s financial landscape, keeping your investments secure and your assets protected.

Real-World Impact

Protecting Investment Portfolios One of our clients, an ultra-high-net-worth family, faced significant exposure to market volatility. Through our Total Family Balance Sheet? approach, we identified gaps in their risk management strategy and restructured their portfolio to include principal-protected growth options. This move safeguarded hundreds of millions of dollars from market fluctuations, ensuring stability and peace of mind.

Chartered Aviation Risk Many of our clients enjoy private aviation but may not realize the hidden risks in their charter agreements. One client discovered they were unknowingly assuming liability for chartered flights. Our team reviewed and renegotiated their contracts, saving them from potential multi-million dollar liabilities and securing specific aviation insurance to cover any residual risks.

Home Risk Management From domestic employees to cyber security at home, risks can lurk where you least expect them. One client was unknowingly exposed to significant liability through their domestic staff. We conducted a thorough risk assessment, reclassified their employees correctly, and ensured comprehensive coverage through workers’ compensation and umbrella policies, thereby protecting the family’s substantial personal assets.

The ParadigmPlan?

For those with a net worth of $25M+, our proprietary ParadigmPlan? enables you to acquire up to $250M in permanent life insurance with no out-of-pocket cost. This innovative solution offers estate tax mitigation, principal-protected growth, and tax-free benefits, ensuring your legacy endures for generations.

By leveraging this plan, we’ve helped clients secure $3B of permanent life insurance, protecting their wealth from market volatility and providing peace of mind.

Our Commitment

Since 1989, Higginbotham has been dedicated to exceeding expectations through employee ownership and a relentless focus on client satisfaction. Our values drive us to deliver world-class service, foster strategic partnerships, and give back to our communities.

Let’s Talk

Understanding and mitigating risk is essential to preserving your wealth and legacy. Our dedicated Family Office team is here to provide sophisticated risk management solutions tailored to your unique needs.

Contact John Burkhalter, CRIS, RCIP at 720.926.2146 or [email protected] today to learn more.

Let’s explore how Higginbotham can help secure your assets and ensure your legacy thrives.