Aura Wealth Management
In our new guide, Aura Wealth Management: Planning for Life’s Milestones, we present seven real-life case studies that demonstrate how a comprehensive, 360-degree approach to wealth management can help you achieve your financial goals. Here are five key points from the guide:
Holistic Financial Planning: At Aura Wealth Management, we emphasize the importance of viewing your financial journey as a whole. Whether you're planning for retirement, purchasing your first home, or preparing for your child’s education, our approach ensures that each financial decision aligns with your long-term goals.
Personalized Strategies for Major Life Events: From starting a business to transitioning into retirement, life’s milestones require tailored financial strategies. Our case studies highlight how we craft personalized plans that cater to the unique circumstances of each client, ensuring they are well-prepared for every stage of life.
Risk Management and Protection: Preparing for the unexpected is crucial in wealth management. We focus on protecting your wealth with a robust risk management strategy, including insurance and other protective measures, so that you can confidently navigate life’s uncertainties.
Investment Planning for Long-term Growth: Investing is a critical component of wealth management. Aura Wealth Management provides expert guidance on building diversified investment portfolios that align with your financial goals, ensuring sustained growth and financial security through various market conditions.
Legacy and Estate Planning: Planning for the future doesn’t stop at retirement. Our guide delves into the importance of legacy and estate planning, helping you to leave a lasting impact on your loved ones while ensuring your assets are distributed according to your wishes.
By focusing on these five areas, Aura Wealth Management supports clients in navigating life’s milestones with confidence and clarity, ensuring a secure financial future.
How One Client Ensured His Succession Wishes Were Met
At Aura, we understand that succession planning is more than just a financial strategy—it's a deeply personal journey that reflects a client’s legacy, values, and long-term vision for their family. One such case involved a client who was determined to ensure that his succession wishes were carried out with precision and care.
Our client, a successful entrepreneur with a complex portfolio of assets, approached Aura with a clear goal: to ensure that his wealth would be passed on to his heirs in a way that aligned with his values, minimized tax liabilities, and maintained the family business for future generations. Working closely with our wealth management team, he embarked on a comprehensive succession planning process.
1. Clarifying His Vision: The first step was understanding his vision. He wanted to ensure that his business continued to thrive under the leadership of his eldest child, while also providing financial security for his other children. Through detailed discussions, we helped him define his goals and prioritize his wishes.
2. Structuring the Plan: With his vision in mind, we worked together to create a detailed estate plan. This included setting up trusts to manage the distribution of assets, ensuring that each beneficiary received their inheritance in a way that minimized tax implications and protected their financial future.
3. Legal and Financial Coordination: Aura’s multidisciplinary team coordinated with legal experts to draft the necessary documents, ensuring that every detail was addressed. This included creating a clear governance structure for the family business, so the transition of leadership would be smooth and in line with the client’s wishes.
4. Ongoing Review and Adjustment: Succession planning is not a one-time event. Over the years, as his personal and financial situation evolved, we regularly reviewed and adjusted the plan. This allowed him to remain confident that his wishes would be honored, regardless of changing circumstances.
5. Peace of Mind: In the end, the client achieved his goal—knowing that his succession plan was secure and that his family and business would be taken care of according to his wishes. By entrusting Aura with his wealth management, he found peace of mind in the knowledge that his legacy would endure.
At Aura, we are dedicated to helping clients navigate the complexities of succession planning, ensuring that their wishes are met with the utmost care and precision.
Navigating Local Laws and Customs
Relocating to a new country often brings exciting opportunities, but it also introduces complexities that can affect various aspects of life, including wealth management and succession planning. One client experienced this firsthand after his move, when his relationship manager posed a crucial question: Had he considered the impact of local laws and customs on his succession plans?
"This is where we discovered that there was no succession plan in place," remarks Amy Brown, Head of Wealth Planning Emerging Markets.
The Challenge
The client, like many others, was in his mid-forties and hadn't yet felt the need for a formal succession plan. "Our primary objective is to ensure that our clients have their assets distributed according to their wishes," says Amy. "This client had no plan in place because, like so many others, he was young and didn’t perceive a need for one."
Understanding the Importance
We understand that succession planning can be a challenging topic for clients. It's not uncommon for individuals to delay this critical task, thinking it’s something to be addressed later in life. However, as Amy points out, clients consistently emphasize the importance of wealth planning. Yet, when asked about their succession plans, many admit they haven't taken action. Often, it takes a significant life event or a nudge from a trusted advisor to prompt the process.
The Solution
In this case, once the client recognized the need for a plan, our team swiftly acted to create a strategy that aligned with his wishes while also taking into account the local laws and customs of his new country. By working closely with legal and financial experts familiar with the local landscape, we were able to ensure that his assets would be distributed according to his desires, regardless of the jurisdictional complexities.
The Outcome
With a robust succession plan in place, the client found peace of mind, knowing that his wealth was protected and that his legacy would be preserved for his family. At Aura, we are committed to guiding our clients through the intricacies of local laws and customs, ensuring that their financial goals are met no matter where life takes them.
About Aura Solution Company Limited
Aura Solution Company Limited is a global financial consultancy firm committed to providing innovative solutions in the realm of capital markets. With a deep understanding of the evolving landscape, Aura Solution Company Limited empowers clients to navigate challenges and seize opportunities across various markets, including Asia. Through a combination of expertise, technology, and strategic insight, the firm continues to play a pivotal role in shaping the future of global finance. Aura is a Thailand registered investment advisor based in Phuket Kingdom of Thailand, with over $1700.15 trillion in assets under management.
Aura Solution Company Limited is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. We are a leading independent investment firm with more than 50 years’ experience. As long-term investors, we aim to direct capital to the real economy in a manner that improves the state of the planet. We do this by building responsible partnerships with our clients and the companies in which we invest. Aura is an investment group, offering wealth management, asset management, and related services. We do not engage in investment banking, nor do we extend commercial loans.
What does "AURA" stand for?
Aura Solution Company Limited
How big is Aura?
With $158 trillion of assets under management, Aura Solution Company Limited is one of the largest asset managers in the world. The company primarily generates revenue through investment services, including asset and issuer servicing, treasury services, clearance and collateral management, and asset and wealth management.
What does Aura do?
Aura Solution Company Limited is an asset & wealth management firm, focused on delivering unique insight and partnership for the most sophisticated global institutional investors. Our investment process is driven by a tireless pursuit to understand how the world’s markets and economies work — using cutting-edge technology to validate and execute on timeless and universal investment principles. Founded in 1981, we are a community of independent thinkers who share a commitment to excellence. By fostering a culture of openness, transparency, diversity, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and financial corporate culture.
Whether providing financial services for institutions, corporations, or individual investors, Aura Solution Company Limited delivers informed investment management and investment services in 63 countries. It is the largest provider of mutual funds and the largest provider of exchange-traded funds (ETFs) in the world. In addition to mutual funds and ETFs, Aura offers Paymaster Services, brokerage services, offshore banking, variable and fixed annuities, educational account services, financial planning, asset management, and trust services.
Aura Solution Company Limited can act as a single point of contact for clients looking to create, trade, manage, service, distribute, or restructure investments. Aura is the corporate brand of Aura Solution Company Limited.
Aura Services
PAYMASTER: Paymaster is a cash account a business relies on to pay for small, routine expenses. Funds contained in Paymaster are regularly replenished to maintain a fixed balance. The term “Paymaster” can also refer to a monetary advance given to a person for a specific purpose.
Learn more: Paymaster.
Apply: Paymaster Form.
OFFSHORE BANKING: A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes.
Learn more: Offshore Banking.
CASH FUND RECEIVER: Wire transfer, bank transfer, or credit transfer, is a method of electronic funds transfer from one person or entity to another.
Learn more: Cash Fund Receiver.
ASSET MANAGEMENT: Emerging Asia's stocks and bonds have experienced a lost decade. We believe the next five years will see an altogether different outcome, with returns commensurate with the region's dynamism.
Learn more: Asset Management.
How to reach Aura?
Website: Aura Solution Company Limited
About us: About Aura
Our Services: Our Services
Latest News: Latest News
Contact us: Contact Aura
This article is being provided for educational purposes only. The information contained in this article does not constitute a recommendation from any Aura Solution Company Limited entity to the recipient, and Aura Solution Company Limited is not providing any financial, economic, legal, investment, accounting, or tax advice through this article or to its recipient. Neither Aura Solution Company Limited nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this article and any liability therefore (including in respect of direct, indirect, or consequential loss or damage) is expressly disclaimed.
Learn more: Aura Solution Company Limited.
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