Wealth Management Consulting
Wealth Management Consulting
Kelly Baumbach
CFP®, CEPA
Executive Managing Director
David DuBrava
AIF, MBA
Senior Advisor, Wealth
Evan Heath
CFP®
Senior Advisor, Wealth
Timothy Hole
CFP®, CIMA®
Managing Director
Zachary R. Jaro
CFP®
Senior Advisor, Wealth
Matt Payne
QPA, QKA, AIF®
Senior Advisor, Wealth
Melissa Santas Peterson
CFA®
Executive Managing Director
Jeremy Robert
CFA®
Managing Director
Individual investors and families can count on our wealth advisors to deliver thoughtful advice in all aspects of your lives.
We start by understanding your short- and long-term financial goals and building a relationship based on transparency. Then, we create and implement measures designed to protect and enhance what matters most to you.
What makes us different?
At Baker Tilly Wealth Management, we pride ourselves on proactive, responsive and personalized service. We treat you and your values ahead of your wealth.
All our advisors specialize in assisting privately held businesses and their business owners with wealth management consulting. They also cross many client segments including widowers, divorcees, inheriting millennials, corporate executives, lawyers, doctors and even athletes. They cover a variety of industries too, from technology, healthcare, life sciences and real estate to entertainment and aerospace to family office.
Client/family first approach backed by your values
We treat clients as an extension of our families. Our dedicated advisors take the time to understand your values and priorities. As your financial plan changes, so do your investments. Baker Tilly Wealth Management prioritizes you and ensures that your investments align with your life stage and financial planning goals.
Objectivity
Baker Tilly Wealth Management is a fiduciary. Fiduciary responsibility means we always act in our clients’ best interest. We are legally liable, morally driven and results oriented.
Integrated experience
Our clients gain a more holistic experience through the unique collaboration with Baker Tilly private wealth specialists. Together, we provide investment advisory, tax, trust and estate planning and family office services. This holistic approach creates more opportunities to add value for every client.
Unified technology and platform
We utilize a leading investment platform for equities, fixed income and alternative investments. And, we combine this with data aggregation and performance consolidation technology. Together, they provide high-net-worth families with greater capabilities and transparency to all their assets and liabilities.
Our services for you
Success can be defined in many ways. Some clients want to achieve a certain rate of return in an investment portfolio. Others want to design a wealth transfer strategy for the next generation.
All our advisors offer a range of wealth management consulting services fit for the most simple or complex client relationships. We work with you to make sure we are executing a customized plan to achieve your specific objectives.
The sections below highlight our range of services:
Financial planning
We help clients make informed financial decisions regarding saving, spending, gifting and legacy planning. Your financial plan enables you to react to the past, engage with the present and be prepared for the future. Our advisors recognize the importance of planning for the life stage you are in, while looking towards the future.
And, we believe that financial planning is the most effective when we cover all the bases. From retirement planning to charitable giving, our team has you covered. Explore our full service listing below.
- Retirement planning
- Insurance planning and placement
- Lending advisory and placement
- Charitable giving and philanthropy
- Education planning and funding
Retirement planning
Our advisors can work with you to determine how best to make your assets last throughout your retirement years. This includes determining your retirement plan withdrawal strategies and best use of social security claim tactics.
Insurance planning and placement
Planning for the unexpected is an important part of financial planning. We help you evaluate how insurance should be part of your financial future and integrate it into your financial plan. Our advisors can proactively revisit your insurance strategy to ensure you have the optimal policies in place. Coverage options include:
- Annuity insurance
- Disability insurance
- Life insurance
- Traditional and linked-benefit long-term care insurance
Lending advisory and placement
Having access to liquidity solutions gives you flexibility when opportunities arise. We partner with you to determine your best financing options within real estate, art, yachts and planes. Our advisors are equipped to advise on a variety of liquidity solutions.
Charitable giving and philanthropy
For many, there is a desire to enhance their legacy by giving back to their community, religious organization or other charities. Whatever your aspirations may be, our advisors can help you maximize your gift through direct giving, foundations and trusts.
Education planning and funding
Education is an integral part of many client investment strategies. Our advisors can work with you to determine the best savings plan for the educational desires of your family.
Investment planning and management
Identifying the best way to manage your investments can be a challenge. Investment management can change as your life does. We have significant expertise managing retail, institutional and retirement portfolios. Our advisors have been successful in navigating different market environments for clients. Each portfolio is tailored to your objectives and constraints considering time horizon, risk tolerance and other short- and long-term objectives.
Once we’ve created your investment plan, our advisors schedule regular meetings to review your portfolio and investment strategy. We help clients:
- Build investment portfolios to produce risk-adjusted returns through market cycles
- Identify and source investment opportunities
- Review and rebalance portfolios
- Use data aggregation software to provide transparency
With an intimate understanding of your goals, we can also suggest strategies to minimize tax liabilities. Our advisors work directly with you and your CPA to provide tax-efficient investing advice and tax strategies. When it comes to investments, collaboration is key. Our advisors ensure communication with all involved parties is a priority throughout the planning and management process.
Market Pulse
Looking for information on the market? Visit our Market Pulse landing page for monthly updates on the current state of the market. Specialists discuss geopolitical factors, inflation and more and outline how they affect wealth management consulting.
Family Wealth Insights
Family Wealth Insights is an innovative new solution that our wealth advisors developed alongside our Baker Tilly colleagues. Family Wealth Insights aggregates our client’s assets into one personalized, data-driven dashboard. Doing so equips both our clients and our team with strategic information to make more informed financial decisions.
Family Wealth Insights also seamlessly integrates with general ledger accounting systems like Sage Intacct.
Check out our recent insights:
Business retirement plans
Retirement planning is key to attracting and retaining top employees. We can support your business’ retirement plans, whether it be a 401(k), 403(b) or other employee benefit plan. Our advisors can help you choose the right fit for your employees and implement the plan. Then, we can work with your employees to help them reach their retirement goals.
Baker Tilly Wealth Management’s commitment to higher standards
We have investment professionals nationwide with diverse backgrounds, advanced degrees and certifications and designations, including Chartered Financial Analyst® (CFA®) and CERTIFIED FINANCIAL PLANNER™ professionals (CFP®).Holding these certifications and designations is critical to our success but more importantly, our clients’ success. Here’s why.
Earning the CFA® charter is achieved by passing a rigorous series of exams to demonstrate superior competency in portfolio management, financial analysis and ethics. On average, fewer than 50% of candidates successfully complete all three levels of the CFA® Program (CFA Institute). Those that do are bound by high ethical standards, reaffirming their compliance to the CFA Code of Ethics and Standards of Professional Conduct annually.
In addition, CFA® charterholders seek solutions that are in the best interest of their clients. They are uniquely positioned to provide specialized advice and creative forward-looking strategies tailored to a clients’ financial vision. Given their deep understanding of the investment industry and global financial markets, they can address complex problems as well as identify suitable investment opportunities.
CFP® professionals also must meet rigorous education, training and ethical standards and are bound by the CFP Board’s Code of Ethics and Standards of Conduct. CFP® professionals are required to complete 6,000 hours of professional experience related to financial planning and 4,000 hours of apprenticeship experience before becoming certified. And, they must complete continuing education every two years to maintain competence and demonstrate their knowledge, skills and abilities.
CFP® professionals are trusted to help clients make informed financial decisions regarding saving, spending, gifting and legacy planning. They help model financial scenarios, so clients are informed when planning for retirement, education, charitable contributions, insurance and more.
Award
Baker Tilly Wealth Management was recognized by Financial Advisor Magazine as one of the nation’s top RIAs [Registered Investment Advisors] in their 2024 survey and ranking. *
Disclosure
Baker Tilly Wealth Management, LLC (BTWM) is a registered investment advisor. BTWM does not provide tax or legal advice. BTWM is not an attorney. Estate planning can involve a complex web of tax rules and regulations. Consider consulting a tax or legal professional about your particular circumstances before implementing any tax or legal strategy. The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought.
Insurance products are offered through Baker Tilly Vantagen. Baker Tilly Wealth Management, LLC and Baker Tilly Vantagen, LLC are controlled by Baker Tilly Advisory Group, LP. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, operate under an alternative practice structure and are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP is a licensed CPA firm that provides assurance services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ©2024 Baker Tilly Wealth Management, LLC
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
*Awards, rankings and other forms of recognition are not indicative of BTWM’s or its advisors’ future performance. BTWM did not directly or indirectly provide any compensation in connection with the rating. The data used was as of 12/31/23 unless noted otherwise. The data was compiled by Financial Advisor Magazine (FAM) through the information provided to them by the firms that completed and submitted a survey. FAM’s RIA survey is a ranking based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. FAM’s RIA ranking orders firms from largest to smallest, based on AUM reported by firms that voluntarily complete and submit FAM’s survey. FAM does its best to verify AUM by reviewing ADV forms. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $1 billion in assets under management as of December 31, 2023, to be included in the print edition of FAM’s 2024 RIA survey. Firms with under $1 billion will be included in FAM’s expanded 2024 online RIA survey.
Concierge services
Do you require assistance with something that you don’t see on our service listing? Through our affiliation with Baker Tilly, we can handle anything you need, whether administrative or financial. The list below includes just a sampling of the concierge services we offer:
- Budget analysis
- Tax planning/compliance
- Recordkeeping
- Bill pay
- Income collection
- Bank reconciliation
- Cash-flow analysis
- Insurance coverage
- Medical claims
- Major acquisitions
- Mortgage selection
- Payroll
Don’t hesitate to contact us with any further questions. Our nationwide team of diversified specialists are happy to discuss your goals and suggest services to match.
Related service webpages
Charitable Giving & Philanthropy
If giving back is key to enhancing your legacy, let us work with you to maximize the benefits.
Individual Income Tax Planning & Compliance
Taxes are inevitable, but have you proactively planned for tax compliance? Baker Tilly’s private wealth tax professionals can optimize your tax strategy now, for tomorrow.
Outsourced Accounting
Outsourcing your accounting needs can help transform your financial management and provide data to drive strategic planning, guide business decisions, and support overall growth — all while saving you time, money and stress.
Family Office
Baker Tilly’s family office professionals combine expertise with forward-thinking strategy, to enhance and protect your evolving legacy.
Retirement Plan Services
Baker Tilly Wealth Management takes a different approach to retirement plan services; we offer fiduciary protections and step-by-step guidance.
Ownership Transition & Exit Strategies
One of the most significant changes to a business and its stakeholders can be the transfer of ownership. Baker Tilly can help you prepare for transition now, for tomorrow.
Private Wealth
At Baker Tilly, we believe a person's legacy isn't about being around forever, it's about creating something that will.
Business management services
Are you a professional athlete, entertainer, writer or high-net-worth client that provides a specialized service? In an industry challenged with fluctuation and uncertainty, Baker Tilly can provide insight to guide your financial decisions.
Once our team understands your current financial situation, we can structure a flexible plan that maximizes your future. We can help with income collection, cash flow reports, cost accounting, payroll and more. We also have a full suite of services ready to serve entertainment, media and sports companies.