Private Client Services

High-level wealth requires high-level stewardship

Building a business and acquiring wealth took ambition, skill, and determination. Maintaining your wealth requires that same level of skill and attention to accomplish lifetime objectives, reach your philanthropic goals, and preserve your legacy.

The wealth-management concerns of highly resourced individuals and families are often complicated and unique. Marcum’s hand-selected wealth-preservation team is comprised of professionals who understand the complex issues you face as you work to manage and preserve your wealth through multiple generations. Our dedicated team approach brings you assurance and peace of mind that you are employing specialists who approach your personal engagement with sophistication, maturity, dynamism, and efficiency.

Access specialized resources

Develop wealth preservation strategies

Build a sustainable long-term plan

Tailor solutions to your circumstances

In the crowded market of wealth stewardship, Marcum goes far beyond traditional services. We call on the complementary experience and acumen of our dedicated professionals to achieve the unique wealth management goals of families managing multi-generational fortunes. We set ourselves apart with a cohesive, collaborative approach that enables us to tackle the most complex projects.

Count on us for:

Unrivaled resources.

With specialized resources within our team, even esoteric issues can be resolved quickly by the most capable specialists available.

Harmony and collaboration.

In addition to our dedicated team, we appreciate the value added by wealth advisors, attorneys, governance partners, and brokers. We’re teamed with these and other complementary areas so when you need their services, they’re already on your side.

Cutting-edge counsel.

We are in touch with, and on top of, emergent industries (such as digital currency), resulting in unique, proactive advantages for our clients.

Comprehensive services.

Our custom approach to wealth management encompasses the intellectual resources necessary to address needs ranging from building family offices to monetizing events.

What the Practice Does

Working with the Firm’s professionals in corporate, flow-through, family office, international and state and local taxation, we provide the full spectrum of tax and wealth management solutions for high net worth private clients.

Marcum’s hand-selected team is made up of professionals who understand the complex issues you face as you work to manage and preserve your wealth through multiple generations. Our dedicated team approach brings you assurance and peace of mind that you are employing specialists who approach your personal engagement with maturity, dynamism, and efficiency.

Family Office

Set family objectives and depend on Marcum to help you surpass them.

Personal Income Tax Services

In the crowded market of wealth stewardship, Marcum goes far beyond traditional services.

Estates and Trusts

Allow us to help you care for those you care about most.

Family Office

Prepare customized financial statements including cash flow analysis, income statements, balance sheets, and budgets
Bill paying
Specializing in the management of multiple personal properties
Facilitate luxury lifestyle financing
Household payroll services, including benefit administration
Assist with related entity administration: partnerships, trusts, corporations, and charitable foundations
Reconcile investment portfolios
Assist with bank, brokerage and third-party cash and securities transfers
Insurance reviews
Customized “Life Book” cataloging advisors, bank accounts, investments, current balance sheet and income statements, insurance and benefits, analysis of charitable donations, and personal legal documents

Learn More

Personal Income Tax Services

Tax planning and consulting including entity structures for business liability and tax planning purposes (limited partnerships, limited liability companies, and S and C corporations)
Tax controversy assistance
International tax planning
Quarterly estimates, extensions, and tax returns
Federal, state, and local income tax returns for individuals and entities
Required U.S. reporting information for foreign transactions
Federal and state tax compliance and audit representation

Estates & Trusts

Trust and estate planning
Complex generation-skipping transfer tax issues
Sophisticated income, gift and estate, and fiduciary tax return preparation
Gift and income tax minimization
Recommendations for planning techniques to effectuate desired goals
Succession planning and review of buy-sell agreements
Estate and lifetime gift plans for high net worth individuals, including resident aliens
Liquidity analysis for estates with illiquid assets
Valuation of family partnerships and other entities for transfer tax purposes
Trust and estate judicial and non-judicial accountings
Assist executors in navigating the estate administration process
Mediate family disputes over inherited or inheritable assets
Ensure third-party trust and estate administration and legal services are high-quality and cost-effective
Advise trustees of U.S. and foreign trusts regarding tax compliance issues for U.S. and foreign beneficiaries

group of people smiling and looking at piece of paper

Charitable Planning

Charitable strategies using private foundations, donor advised funds, charitable remainder and charitable lead trusts
Sophisticated gifting and estate planning strategies
Structured gifts such as university chairs, fellowships, trusts, and annuities
Engaging heirs in philanthropic endeavors
Prepare and file application for recognition of exemption
Prepare foundation tax returns, including unrelated business income tax returns, if applicable
Prepare and file quarterly excise taxes
Perform full charge bookkeeping, financial statement preparation and accounting services
Manage charitable activities including grant making, compliance of 5% distribution requirement, and expenditure responsibility
Oversee public disclosure compliance and governance
Oversee compliance regarding prohibited transactions—self dealing, jeopardizing transactions or excess business holdings