Our Approach to Wealth Management- Business Overview

Lenox Advisors offers a comprehensive array of financial services for individuals, business owners and corporations, including:

Wealth Management

• Lenox CFO^TM
  • Streamlined Financial Planning
  • Account Aggregation
  • On-line vault for all personal/legal documents
• College Education Financing Strategies
• Estate Analysis
• Retirement Planning

Asset Management*

• Institutional Equity and Fixed Income Managers
• Real Estate Trusts, Private Equity
• Tax Efficient Strategies

*By third party institutional managers

Insurance

• Life
• Discounted Supplemental Disability Income Insurance (subject to approval)
  

Long Term Care Insurance

• Individual policies
• Group policies

Group Benefits

Our Approach to Wealth Management

Understanding The Lenox CFO^TM

At Lenox Advisors, clients often engage us to be their personal CFO, streamlining the financial planning process and eliminating the need for multiple advisors. The resulting relationships are analogous to a professional sports team, with an owner, a coach and players. We also find this helpful in illustrating our clients’ fees for the Lenox CFO^TM.

You (the client) are the owner, employing a coach and players for your team. Lenox acts as the coach. We help determine the financial game plan (strategy) that will make the team successful. We then help determine what players will be needed to carry out the strategy. The players are your attorneys, CPA, money managers, insurance carriers and other advisors who will impact your financial affairs. They carry out the coach’s directions.

Here’s how it looks.

Why would affluent clients choose Lenox Advisors as their "coach"?

First and foremost, Lenox has specific knowledge in Wealth Management, with a focus on advice rather than being product focused. Like a good coach, we look at the whole field, determine with you the best strategies to help reach your goals, and find the best players to make it happen. (As the client/owner, you may also choose to utilize Lenox’s Asset Management or Insurance Brokerage divisions as some of the players on your team.) Many levels of “coaches” work in financial services. What sets Lenox apart is the comprehensive nature of what we can accomplish as your personal CFO.

Let’s look at the different types of financial advisors.

Read this important notice on NFP disclosure for clients.