PHILADELPHIA, PA — Clark Capital Management Group, an independent asset manager, announced the launch of new advanced wealth planning services. The suite of services will offer advisors and their clients a range of comprehensive solutions aimed at addressing the complex needs of high-net-worth investors.
Clark Capital’s wealth planning services are available to client households exceeding $10 million, at no additional cost to the advisor or client. Services include trust and estate planning, strategic tax management, concentrated position planning, philanthropic planning, business succession planning, and equity compensation planning.
To lead the firm’s new wealth planning services, Clark Capital has hired Patrick Schultz, J.D. as a Senior Wealth Planner. In this role, Patrick will partner closely with clients’ legal and tax advisors to provide client-facing expertise across a wide range of wealth planning strategies. Through education, consultation, and client support, the Wealth Planning Team will focus on helping advisors grow and retain high-net-worth and ultra-high-net-worth businesses.
Schultz brings over 16 years of experience advising high-net-worth individuals, families, and business owners. Prior to joining Clark Capital, he led the Central Division of J.P. Morgan Wealth Management’s Wealth Planning and Advice Team, where he oversaw the delivery of a holistic wealth management experience to advisors and their clients.
“I’m excited to join Clark Capital and to launch this new range of services,” said Schultz. “Clark Capital’s expansion into wealth planning is a testament to the firm’s commitment to continuously enhancing their service offerings to address the evolving needs of high net worth clients.”
The Wealth Planning Team is part of Clark Capital’s growing Client Portfolio Management Team, which works side-by-side with the firm’s Investment Consultants and Portfolio Managers to provide portfolio analysis and client support. The team is comprised of 16 members and is led by Glenn Dorsey, CFA®, CAIA®.
“We know that clients expect advanced wealth planning as part of the modern financial services experience,” said Dorsey. “I’ve witnessed first-hand the impact that wealth planning can have on advisors’ ability to attract and win larger cases as well as to deepen their client relationships.”
“We are thrilled to launch new wealth planning services and welcome Patrick to our team,” added Brendan Clark, CFA®, Chief Executive Officer. “With Patrick’s deep understanding of estates and trusts and his focus on delivering exceptional client experiences, we believe we can offer comprehensive solutions to help financial advisors meet high net worth and ultra-high net worth clients’ unique financial needs.”
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