Evaluation Criteria - Wealth Management - Estate Planning
Best of Luxury evaluates and ranks the best wealth management firms which help high net-worth individuals plan the distribution and management of their estate and their various assets. Each of the wealth management firms in the rankings have undergone a meticulous evaluation of the professional services carried out by the independent research team overseen by professionals and experts which maintain years of experience in the wealth management industry. The rankings represent the best based on the results to help those looking for financial services catering to high net-worth individuals.
Top 5 Criteria
Maximum Score
Our methodology for researching and evaluating wealth management services featured on our website is a meticulous process in which our research team evaluates various critical and vital aspects of the luxury market. Our network of professionals and enthusiasts of wealth management services provides us with a wealth of information, personal experiences, and resources for identifying each of the best estate planning firms. Our comprehensive evaluations of estate planning services are based on depth of knowledge, experience, historical performance, network resources, and communication.
Depth of knowledge focuses on the education and personal knowledge of professionals which provide estate planning services in the wealth management firm. The level of knowledge which their professionals maintain is compared between each wealth management agency to ensure the best have a wide knowledge of estate law and planning.
The historical performance of the firm as a whole is also another part of evaluating estate planning companies in order to compare them to other firms. Their history of successful services and overall usefulness to their clientele is compared.
Experience focuses on the quality and quantity of years of experience professionals of each firm generally maintain when providing estate planning services. Professionals are queried based on the types of individuals whom they have planned estates for and the average workload which they maintain on a monthly basis.
Network resources refer to the network of professionals and other services available to the service provider which complement the estate planning services.
Communication focuses on the overall efficiency and security in all written and electronic communication. A higher degree of personalization and adequate information is expected during the evaluation process.
Our process for evaluating and ranking wealth management services is meticulous in examining the most vital aspects of the estate planning services. Our evaluation covers estate planning services which help high net-worth individuals plan out their estates and ensure steps are taken to protect the estate for the beneficiaries. We continue to monitor the market for changes in style, performance, expectations, and new offerings which improve upon the expectations and results of each estate planning firm.
