Consolidated Reporting
The analysis, insights, and observations in our customized Consolidated Reporting go beyond the numbers to help you better understand your financial picture, so you can make informed financial decisions.
We keep an accurate record of your overall net worth and provide consistent updates to ensure you are fully aware of your position and options.
Insights Beyond the Numbers
We don’t just provide data. Our customized analysis goes beyond the numbers to provide meaningful insights for your family. We ask questions, identify priorities, and work with your team to address open items. Our knowledge of your family’s financial and personal situation helps us identify risks, trends, and opportunities.
Mitigating Risk
The Trove team can identify, explain, and resolve issues such as being under-insured, compliance with state tax or employment filings to help protect your family.
Net Worth + Investments Snapshot
Understand your total net worth, with reporting that summarizes your assets, liabilities, and liquidity. See the performance and asset allocation of all your brokerage, managed, private, and alternative investments all in one place.
Liquidity Analysis
Let our expert team evaluate and forecast your liquidity needs to ensureyou have funds available when and where you need them. We helped one clientrebalance her assets across trusts and entities after identifying that herliquidity allocation was misaligned with her personal spending needs andlong-term investment goals. We also help clients mitigate risk by ensuringtheir cash balances are withing FDIC limits.
Cash Management + Expense Analysis
Understand the cost of your homes, clubs, subscriptions, charitable giving, and medical expenses, categorized in a way that is meaningful to your family. We can also create budgets for family members and assist with financial education of the rising generation.
Don’t Overpay
Let Trove pay attention to the details. Our oversight ensures you are being charged fairly and our experience working with families like yours means we may suggest a different solution (fractional jet ownership rather than expensive charters). Our team reviews invoices carefully, recognizes patterns, and asks questions, often uncovering fraud, water leaks, and duplicate charges.
Charitable Planning
Trove can help manage your charitable giving by administering grants and providing customized Foundation reporting. We evaluate your unfunded charitable commitments and determine the optimal way to structure your giving. We track your annual giving requirement and manage the annual carry-forward to ensure compliance and preserve capital.