What’s In a Definition?


Clarity, Structure, and Direction

Interchange Capital Partners Definition:

Private Wealth Management (PWM) = Advanced Planning (AP) + Goals Based Investing (GBI) + Relationship Management (RM)


Advanced Planning = Wealth Expansion (WE) + Wealth Transition (WT) + Protection Planning (PP) + Charitable Giving (CG)

Goal-Based Investment = Spend; Live; Give (SLG)

Relationship Management = Proactive Client Communication and Collaboration with other Professionals


What is Advanced Planning?

Wealth Expansion:

  • Tax Mitigation
  • Cash Flow Planning
  • Liability Management
  • Succession/Exit Planning

Wealth Transition:

  • Wills
  • Trusts
  • Power of Attorneys
  • Medical Directives
  • Beneficiaries etc. (dotting all the l’s and crossing the T’s)

Protection Planning:

  • The unforeseen confiscation of your wealth
  • Risk transfer

Charitable Giving:

  • Purposeful and impactful

Effective planning requires collaboration among accounting, legal, insurance, and banking which leads us to:

What is Goal-Based Investing?

  • Opportunistic Asset Allocation
  • Determining what should be passive-active
  • Rebalancing for risk control

What is Relationship Management?

  • Coordination of all your professional advisers
  • Consistent communication
  • Regular reviews of your financial plan and investment management strategy

The complexity of wealth is apparent, and our definition helps you gain clarity, understanding, and action

Click here and you will find one of the tools that Interchange Capital Partners uses in our MAP Series to deliver the definition of wealth management.

We are grateful for the opportunity to be a part of the thought leadership around wealth management and in helping our clients develop a clear vision of their future.