One of our clients is a Manhattan-based private wealth management firm that offers objective and comprehensive financial counseling to corporate executives, professional athletes, entrepreneurs and their closely held businesses. As CPAs and CFPs, the firm’s partners recognize that personal risk management planning, and building a sound personal lines insurance portfolio is critical to the overall financial planning process.

During the initial financial planning phase, the advisory firm gathers pertinent data on their clients existing personal lines insurance program. From there, Exceptional Risk Advisors provides their clients with a thorough review, makes recommendations, and implements changes where appropriate. While the advisory firm remains at the center of the financial planning process, we attend client meetings when necessary, and discuss the various aspects of the risk management plan directly with their clients.

Incorporating Exceptional Risk Advisors’ services into their business model provides the advisory firm with the ability to offer trusted advice in an area outside of their core focus, and capture meaningful billable hours for their practice in the process.

Next Case Study: Working with an Affluent Client