In today’s world successful people are susceptible to risks that are not common to the ordinary population. A family member getting into an automobile accident and having a higher profile than the average individual can make an executive feel as if they have a target on their back for lawsuits, claims of injury, etc. A wealth management strategy that does not incorporate risk management leaves a business executive open to all kinds of risk that can be managed effectively. As an executive it is important to understand your risk profile. We review all your insurances and account titling and can advise on your risks. We can even arrange kidnap insurance. In simple terms, having an effective risk management plan mitigates potential hurdles your overall wealth management plan may encounter. A plan to reduce, mitigate and/or insure for a risk only makes sense.
We serve as a trusted financial advisor to business executives with offices in the Minneapolis-St. Paul, MN metro area and the Sarasota, FL metro area. We are a fee-only firm so you can rest assure that we are only advising and not selling. A solid risk management plan that does a 360-degree assessment of the risks that need to be minimized, mitigated or insured is critical to smoothing and maintaining the path to true financial independence. The White Oaks’ team, comprised of CERTIFIED FINANCIAL PLANNER™ (CFP®) professionals, a Certified Public Accountant (CPA), and Chartered Financial Analyst® (CFA®) in cooperation with existing advisors and agents, we will cooperatively develop and implement a cogent plan to manage risk appropriately.