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Wealth Manager Announces the Opening of Virtual Family Office

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Richard Gayton, a long-time Wealth Manager, announces the opening of his new Lakeside Virtual Family Office in Toluca Lake, California. More than 112 media, on- and off-line publications, have published his announcement, including online giant Yahoo Finance. Here is their article. Longtime Wealth Manager Richard Gayton Announces the Opening of Lakeside Virtual Family Office, a Financial Concierge Firm for High Net Worth Individuals & Families LOS ANGELES, CA–(Marketwired – Jun […]

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How One Family Passed $6 Billion Fortune to Son to Avoid Tax

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Here is a great article from Bloomberg.com written by Caleb Melby which describes how the co-founders of medical-device maker Cook Group, passed ownership of the company to their son to avoid estate taxes prior to Bill Cook’s death in 2011. It’s a solid example of how effrective estate management can have huge benefits to a family. Bill and Gayle Cook, the co-founders of medical-device maker Cook Group, passed ownership of […]

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Why Hire a Family Office?

The traditional broker/dealer client relationship has changed over the years. Once the business model primary brought individuals and brokers together for the purpose of selling stocks and bonds, distribution of intellectual property such as research reports on companies, financial planning. Today, the business model is primarily a distribution network where broker/dealers sale products through their sales force. The evolution of this business model caused some to point out possible conflicts […]

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