With household incomes well over $400,000, many elite attorneys are placed into the top 1% of all US household incomes. However, with their often demanding work schedule, many do not have the time or inclination to properly manage their wealth.
Bethesda, MD (PRWEB) October 6, 2010
Leading investment advisory firm PRIVATE WEALTH CFOs LLC℠ announces the release of its latest research paper titled “Building Long-Term Wealth in Turbulent Financial Times: A Guide For Law Firm Partners, Counsel & Senior Attorneys.” The new research results reveal proven strategies for sustained wealth building even in the current financial landscape.
With household incomes well over $400,000, many elite attorneys are placed into the top 1% of all US household incomes. However, with their often demanding work schedule, many do not have the time or inclination to properly manage their wealth. The latest research by PRIVATE WEALTH CFOs discusses strategies to help high income attorneys use their income to build a financially independent future.
“We are committed to gaining a better understanding of our attorney clients,” Jean Jacques Borno, Managing Principal of PRIVATE WEALTH CFOs said. “We are passionate about developing strategies to assist them. We believe successful advisory relationships are built on trust, understanding, and open communication. By partnering with our clients, we allow them to outsource the role of the Chief Investment Officer. Time is finite. We want to free up our clients time, so they can spend more time doing what they enjoy, and focus on their highest yielding activities.”
Specifically, the research discusses strategies for:
- Managing cash flow and large bonuses
- Using offensive and defensive wealth tactics
- Implementing an automatic wealth-building plan
In addition, the paper reviews techniques that the wealthiest families in America are utilizing to build wealth and manage investment cost. Lastly, the research outlines the biggest impediments to building long-term wealth and most importantly how to avoid them.
About PRIVATE WEALTH CFOs LLC
PRIVATE WEALTH CFOs LLC℠ is a boutique Registered Investment Advisory firm located in Bethesda, Maryland. The firm manages diversified investment portfolios and is a financial advisor for individuals and families, helping them manage their wealth and make smart financial decisions.
Jean Jacques Borno is the Managing Principal of PRIVATE WEALTH CFOs and has more than 15 years experience, and he is committed to integrating prevailing industry best practices into PRIVATE WEALTH CFOs’ delivery of financial advisory services. He has a B.S. in Business from Florida International University. Also, Mr. Borno holds the ChFC® (Charted Financial Consultant), and Certified Investment Management Analyst (CIMA®) designations. The CIMA® training program is conducted jointly with the Investment Management Consultant Association and the University of Pennsylvania’s Wharton School. Additionally, Mr. Borno has served as the Miami Herald’s Financial Expert of the Week and contributed to the following articles: Chanen, Jill Schachner “Heading into the Home Stretch” ABA Journal Web. October 1, 2007; and Borno, Jean Jacques “Common $ense $aving” Web. February 2007.
Jean Jacques Borno
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