Question
You were just hired by an ultra-high-net-worth client that wants to shift her portfolio around, but she only wants to use you for a specific
You were just hired by an ultra-high-net-worth client that wants to shift her portfolio around, but she only wants to use you for a specific reason since she already has multiple trusted advisors. Her ultra-high net worth is >$250M in total assets, she has a comprehensive estate plan complete, and a highly credentialed team supporting her. The bulk of her net worth is in private businesses, and part of her net worth is in a traditional stock and bond portfolio. Her only objective in using you as an advisor is to diversify her holdings. She wants to invest some of her cash with you and put $20M into alternatives and is giving you cart Blanche to invest that portion of her money.
Based on what we've learned, give a specific recommendation(s) for the $20M.
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