Evercore Wealth Management
Nonprofit organizations in the United States hold over $13.7 trillion in total assets.1 To put that number in perspective, that’s enough to buy Apple, NVIDIA, Microsoft, Meta, and all the Bitcoin in the world, with a few billion to spare.…
Every family struggles at times to connect. There’s so much at stake: relationships between parents and grown children, relationships between siblings, relationships between partners and other family members, and the happiness of the family as a whole. Wealth, for all…
Life insurance is often unnecessary for ultra-high net worth families. But in the right circumstances it can be a powerful planning tool, helping to provide estate liquidity, fund buy/sell agreements, or shelter taxes. Here are a few brief highlights: Income…
The wonderful thing about growing up in one country and living in another is that you get to come “home” twice on a single visit. But managing family assets across borders can feel like more than twice the work. Families…
Stress tests can actually take the stress out of our biggest, most complex tests. That’s how regulators evaluate financial reserves, community organizations prepare for disasters, and doctors and trainers measure how healthy we are. It’s also how families can prepare…
From shirtsleeves to shirtsleeves in three generations is a line that everyone knows – and for good reason. Empirical studies of economic mobility suggest that inherited wealth generally erodes with each generation. But it doesn’t have to be that way. Families…
Editor’s note: Chris Zander takes over at the start of 2020 as CEO of Evercore Wealth Management and Evercore Trust Company. He is a founding partner and leads strategic wealth planning and trust and fiduciary services, working directly with clients…