Case Study: The Patel Family secures their wealth and estate plan with Pitcairn

Patel Family uses Pitcairn to boost returns by about 1% annually

The Patel family, led by software entrepreneur Raj Patel, faced a challenge in managing the substantial wealth from a partial business sale. With no clear plan for investing the liquidity or handling estate planning, and with their previous advisor having dropped the ball, they turned to Pitcairn for wealth management and family financial planning services.

Pitcairn's solution involved designing a gifting plan for the children to minimize future estate taxes and creating a pre-sale transaction plan for the business. They implemented an open architecture investment approach with a tax overlay that added approximately 1% to returns annually. The family was satisfied, with Raj confident in the long-term plan and Marianne relieved that the strategy would prevent future conflict between their sons.

Patel Family