We're at a pivotal stage for the financial future of Indian-Americans
San Mateo, CA (PRWEB) March 7, 2011
Successful Indian-Americans are at a "financial crossroads" according to the findings in this exclusive report: No Longer Newcomers: How High-Net-Worth Indian-Americans Are Solving the Financial Complexities of Inter-Cultural and Inter-Generational Challenges. The report has been prepared by BluePointe Capital Management, LLC (http://www.bluepointecapital.com), a registered investment advisory (RIA) firm based in San Mateo, CA. BluePointe specializes in providing investment solutions for high net-worth individuals and families and currently services a number of Indian-American families in the Bay Area.
Most of the clients surveyed for the report are age 50+, married and have a net worth between $10 million-$100 million. They are predominantly technology entrepreneurs, chief executive officers (CEOs) and venture capitalists.
The report addresses specific financial concerns, such as how to deal with aging parents while providing for children, business-succession planning, long-term care and estate planning. More in-depth analysis uncovers concerns unique to the Indian diaspora, including cross-border estate planning, international tax and income issues, caring for family in India, identifying reliable business-service providers at home and abroad and supporting India-based philanthropies.
"We're at a pivotal stage for the financial future of Indian-Americans," says Sanjeev Sardana, Chief Executive Officer of BluePointe Capital Management, as well as a key architect of the report. "They are wrestling with many issues which they have never before had to face." Finding reliable business-service providers to manage India-based investments is a particularly troublesome area. Tax and estate-planning issues are also top priorities. Indian-Americans are adjusting to a new financial paradigm, and many are becoming more risk averse while grappling with personal issues such as maintaining Indian culture and traditions as their children assimilate into American society, often choosing a profession unlike that of their parents.
Founded in 2006, BluePointe Capital Management is an independent wealth-advisory firm and SEC-registered investment adviser. BluePointe specializes in providing tax-efficient investment advice in concentrated equity, asset allocation and portfolio optimization, traditional and non-traditional asset class investments and trust and estate planning. BluePointe's approach to wealth management is a blend of highly personalized service with customized asset-management solutions to meet clients' individual needs. Their expertise in advising high net-worth Indian-American executives and their families makes BluePointe uniquely qualified to provide solutions to the challenges facing this community of investors.
For a copy of the report or to speak with Sanjeev Sardana, members of the media should contact: Joseph Finora at: email@example.com.
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