At Hemington Wealth Management, three important elements define our business model.
We are fee-only, client fiduciaries, and comprehensive in our approach.
How do we define ‘comprehensive’? We define true wealth management in a specific way: For us, true wealth management consists of relationship management plus advanced planning plus investment consulting. RM: Relationship management involves three key tasks: first, fully understanding the clients’ critical needs and meeting those needs over time through a consultative process; second, assembling and managing a network of financial experts; and third, working with our clients’ other professional advisors such as their attorneys and accountants. AP: Advanced planning addresses the wide range of financial needs beyond investment consulting. It consists of four areas: wealth enhancement, wealth protection, wealth transfer and charitable giving. IC: Investment consulting is the management of investment portfolios as well as consulting on all of our clients’ assets, wherever they are held.WM = RM + AP + IC