Just like building a house, securing your financial future requires a strong foundation. You start with a design, gather materials, construct carefully, and adjust along the way. Wealth management follows a similar process—identifying your goals, organizing your assets, and implementing the right financial strategies.

Step 1: Identifying Your Assets

Before creating a financial plan, it’s essential to take inventory of what you own and assess liquidity and obligations. Your assets may include:

• Business ownership – What is your exit strategy or succession plan?
• Real estate holdings – Are they income-generating or long-term investments?
• Company stock and equity – Do you need diversification strategies?
• Inheritance – How is it structured, and are there tax considerations?
• Savings and investments – Are they positioned for growth and stability?

Understanding liquidity is equally important. If most of your wealth is tied up in illiquid assets, having a cash reserve ensures flexibility in times of market volatility or unexpected expenses. Additionally, reviewing debt obligations helps manage financial leverage and risk.

Step 2: Defining Your Goals

Once you’ve assessed your assets, the next step is to establish clear financial objectives.

Retirement planning – What does retirement look like for you? Are your savings vehicles (401(k), IRAs, pensions) aligned with your lifestyle goals?

Education expenses – Will you fund education for children or grandchildren? Would 529 plans, Coverdell ESAs, or UGMA accounts be the best fit?

Healthcare & long-term care – How will future medical expenses and potential long-term care be covered? Do you have insurance, an HSA, or other strategies in place?

Step 3: Structuring a Comprehensive Financial Plan

A financial plan puts everything in writing—mapping out where you are today, identifying potential gaps, and providing solutions specific to your circumstances. Even if you already have a financial plan, regular reviews and updates are crucial as major life events, tax laws, and economic conditions evolve.

Jupiter's financial planners in Colorado have extensive expertise in high-net-worth financial planning. We'll take the time to assess your situation, create a thoughtful plan, and make ongoing adjustments to prepare you for whatever changes life may bring.

Many high-net-worth individuals have built wealth through concentrated positions in businesses or company stock. However, preserving that wealth demands a thoughtful strategy centered on risk management and portfolio diversification. Markets shift, industries evolve, and economic downturns are inevitable. Without a well-structured investment plan, these forces can threaten financial stability.

Balancing Risk & Growth Through Smart Investing

A resilient portfolio is one that adapts to changing conditions while staying aligned with long-term financial goals. Some key strategies include:

• Diversification & asset allocation – Spreading investments across various sectors, asset classes, and geographies to manage risk.
• Hedging & downside protection – Strategies like options, structured notes, and tax-efficient liquidation plans to manage exposure from concentrated stock positions.
• Investment goal alignment – Tailoring portfolios for growth, preservation, or income generation based on financial needs and risk tolerance.

Reassessing Risk in a Changing Market

After years of market growth, now is the time to reassess your risk exposure. How would a market decline of 10%, 20%, or even 50% affect your financial future? Evaluating risk capacity ensures that your asset allocation supports your lifestyle and wealth objectives without unnecessary exposure.

Beyond Traditional Investments

Alternative investments provide additional opportunities for diversification and risk-adjusted returns:

• Private equity – Accessing high-growth companies before they go public.
• Hedge funds – Actively managed strategies designed to perform in different market conditions.
• Real estate – Generating income and acting as an inflation hedge.

Ongoing Portfolio Management for Long-Term Success

A passive "set-it-and-forget-it" approach might work for some, but getting professional advice and reviewing your portfolio regularly is essential to keep your investments on track. Jupiter's Denver investment advisors can help you refine strategies, optimize risk-adjusted returns, and position your wealth for long-term success.

As wealth increases, so does financial complexity. Managing multiple assets, coordinating investment, tax, and retirement strategies, and maintaining liquidity while minimizing risk can quickly become overwhelming. Without a clear, structured plan, even the most financially successful individuals may face unnecessary tax burdens or inefficient asset management.

The Challenge of Managing Diverse Assets

High-net-worth individuals often hold wealth in various asset classes, each with unique risks and tax implications:

• Real estate – Income-producing properties, vacation homes, and land investments.
• Business ownership – Navigating equity structures, succession planning, and tax-efficient exits.
• Alternative assets – Art, collectibles, private equity, and hard assets that require specialized valuation and management.

Coordinating all financial aspects requires expertise and strategic foresight. Tax planning is especially critical to help prevent overpayments while complying with legal obligations.

What Is a Family Office?

A family office is a specialized wealth management structure that streamlines financial planning, investment oversight, and lifestyle management for high-net-worth families. Depending on individual needs, a family office can assist with:

• Coordinating all aspects of wealth management, from real estate to estate planning.
• Optimizing liquidity and cash flow to balance investment opportunities with everyday financial needs.
• Handling tax planning and structuring to reduce liabilities and improve financial efficiency.

Family office services simplify the complexities of wealth management, easing the burdens on high-net-worth families and empowering you to focus on long-term financial prosperity confidently.

Jupiter Wealth Management in Denver is an SEC-registered investment advisory firm offering family office services for multi-generational families—without the high minimums and fees of traditional multi-family offices. Our team assists in overseeing key financial aspects, from real estate investments and insurance planning to the acquisition of art and other collectibles.

Wealth accumulation is just one part of financial success—protecting it for the future is equally important. Without proper planning, taxation, lawsuits, poor financial structures, and unexpected life events can quickly erode an estate. Strategic wealth transfer and asset protection planning help maintain financial security while minimizing risks.

Legal Structures for Asset Protection

Establishing legal entities can help safeguard wealth from lawsuits and unnecessary tax burdens:

• Limited Liability Companies (LLCs) – Separates personal and business assets to limit financial exposure.
• Trusts – Certain irrevocable trusts provide asset protection from creditors while allowing structured wealth transfers.
• Family Limited Partnerships (FLPs) – Helps transfer wealth efficiently while retaining control and reducing estate taxes.

Insurance as a Financial Safety Net

High-net-worth individuals often require specialized insurance to protect against financial risks beyond standard coverage:

• Umbrella & excess liability insurance – Adds extra coverage for lawsuits and high-value assets.
• Private Placement Life Insurance (PPLI) – Provides a tax-efficient way to shield assets within an insurance structure.
• Business interruption insurance – Protects business owners from financial losses due to unforeseen disruptions.
• Professional liability insurance – Shields doctors, attorneys, and other professionals from malpractice claims that could impact personal assets.

Proactive Estate Planning

A well-structured estate plan helps ensure financial security and prevents unnecessary tax burdens. Strategies include:

• Qualified Personal Residence Trusts (QPRTs) – Transfer a home out of the taxable estate while allowing the grantor to reside there for a set period, reducing estate taxes.
• Grantor Retained Annuity Trusts (GRATs) – Move appreciating assets into a trust, providing annuity payments to the grantor while minimizing estate tax liability.
• Spousal Lifetime Access Trusts (SLATs) – Protect assets while allowing a spouse to receive income, keeping wealth outside of the taxable estate.
• Irrevocable Life Insurance Trusts (ILITs) – Exclude life insurance proceeds from the taxable estate, creating liquidity to cover estate taxes.
• Prenuptial agreements – Define ownership and inheritance terms before marriage to protect personal wealth in the event of divorce.

Jupiter's team of wealth managers in Denver specializes in customized estate and asset protection strategies, helping you navigate complex financial situations. We'll work closely with your legal and tax advisors for a seamless planning process.

Philanthropy can empower you to make a profound, lasting impact while aligning your wealth with personal values. By supporting causes such as education, healthcare, environmental sustainability, or cultural initiatives, strategic charitable giving can drive meaningful change while offering financial benefits.

The Role of Strategic Philanthropy

Effective charitable giving is more than writing a check—it requires thoughtful planning to maximize impact and tax efficiency. By incorporating philanthropy into your financial strategy, you can:

• Support causes that matter – Contribute to human services, arts, and culture, or animal welfare initiatives that match your values.
• Involve family in giving decisions – Encourage multi-generational engagement in charitable efforts, instilling values of generosity.
• Leverage financial tools – Use tax-efficient giving strategies to enhance both philanthropic contributions and wealth preservation.

Tax-Efficient Giving Strategies

Several structured giving vehicles can help optimize contributions while reducing tax liabilities.

Donor-Advised Funds (DAFs) – Contribute to a charitable fund, receive an immediate tax deduction, and distribute grants over time.

Qualified Charitable Distributions (QCDs) – Individuals 70½ or older can donate up to $100,000 annually from an IRA, satisfying RMDs while lowering taxable income.

Charitable Remainder Trusts (CRTs) – Provide income to the donor or beneficiaries for a set period before the remaining assets go to charity, offering tax benefits while preserving financial security.

Direct charitable contributions – A straightforward approach for immediate impact while benefiting from deductible donations.

Private foundations – Designed for those with significant wealth, these allow for hands-on philanthropy, multi-generational giving, and greater control over charitable distributions, with tax advantages.

Impact Investing: Aligning Wealth With Purpose

Beyond donations, impact investing offers an opportunity to generate financial returns while supporting social and environmental causes. ESG-focused portfolios prioritize companies with sustainable, ethical business practices, allowing investors to create change while growing wealth.

If you believe philanthropy and legacy planning should play a key role in your financial strategy, Jupiter Wealth Management in Denver, CO, is ready to offer the expert guidance you need.

Not all financial firms offer the depth of expertise or personalized solutions that high-net-worth individuals require. Some operate under compensation models that don’t always prioritize clients’ best interests, while others lack the resources to handle complex financial planning.

That’s where Jupiter Wealth Management stands apart. Since 1992, the Boon family and our team of experienced professionals have been dedicated to helping affluent families grow and protect their wealth. As a fee-only investment advisory firm, we provide unbiased guidance, strategic asset planning, and multi-generational investment management tailored to your needs.

Our philosophy is simple: we approach your financial future with the same level of care and commitment as our own, focusing on both long-term growth and stability.

Based in Denver, CO, we're proud to serve clients nationwide. Our firm provides comprehensive financial advisory services, including portfolio management, financial planning, legacy planning, and family office services, catered to high-net-worth and ultra-high-net-worth individuals and families.

When we founded Jupiter Wealth, we built our firm on three core principles that distinguish us from large Wall Street firms:

• Loyalty and family – As a family-owned business, we understand the value of strong relationships. Every client receives the same level of dedication and respect that we extend to our own family members.
• Impact and service – We believe in creating positive change through financial stewardship and community involvement. Supporting meaningful causes is integral to our mission.
• Discipline and stability – Wealth preservation requires a steady, well-structured approach. We take our responsibility seriously, managing assets with thoughtful planning so our clients can focus on their businesses, careers, and personal goals.