Wealth with Humanity in the United States
"She has seen her portfolio successfully diversified, and is thrilled to have her assets working for the good of others through her charitable foundation and educational trusts."
When one American client sold her internet start-up to a major search engine she received $180 million worth of their stock in payment. She turned to Private Wealth Management for help and advice on dealing with her new-found assets.
The Situation - A risk taker in business, risk averse in investment
Our client had taken many successful risks in business but was extremely cautious in investment. She wanted to use her assets for philanthropic purposes, to diversify her holdings and to acquire a landmark home in
Our Advice - Setting up a charitable foundation
Working in partnership with the client’s personal advisers, we suggested a charitable foundation to support her environmental and human rights goals. We also suggested educational trusts for family members, and a lending facility to acquire the
Deutsche Bank has expert local Relationship Managers in more than eighty countries around the world.
What Changed - New ways of managing wealth
The client decided to adopt most of our recommendations – the charitable foundation and educational trusts were established with the help of our Trust Administration Services, the downside risk on her search engine stock was limited and she started to diversify her portfolio. Private Wealth Management provided 100% of the credit she needed to acquire her new home and the major artworks she also coveted.
The Outcome - At home with her wealth
Despite initial caution about some of our proposals, the client is now well contented with the way things have worked out. She has her landmark home, with the loan secured against her stock holdings, and she has the artworks she wanted. She has seen her portfolio successfully diversified, and is thrilled to have her assets working for the good of others through her charitable foundation and educational trusts.
