private client services - mazars usa · private client services. mazars usa llp is an independent...
TRANSCRIPT
PRIVATE CLIENT SERVICES
Mazars USA LLP is an independent member firm of Mazars Group.
MAZARS USA LLP
WWW.MAZARSUSA.COM
As one of the nation’s leading professional service firms, Mazars USA provides the resources, experience and global expertise to provide a full range of services tailored exclusively to high-net-worth individuals, closely-held business owners and their families.
Value-Added Advice, Industry Experience.
Our Private Client Services (PCS) Group possesses the resources, experience and global expertise to provide a full range of services tailored exclusively to high-net-worth individuals, closely-held business owners and their families.
Our focus is on taking care of you. We do this with a coordinated approach that ensures there will always be someone to work with you in a proactive, integrated and high-touch manner.
We help you preserve and grow your wealth with a set of specialized tools that are configured to fit your unique situation. We cater to the exclusive and diverse requirements of clients with substantial wealth by:
• Assigning an experienced and technically skilled staff of specialists who understand the fullhistory and intricate nuances of your financial situation.
• Offering customized financial solutions to meet the precise personal and business challenges youface.
• Helping you identify goals and opportunities to plan appropriately for the future.
MAZARS USA PRIVATE CLIENT SERVICES GROUP
We provide customized solutions to the tax, financial and business challenges facing high-net-worth individuals, their families and closely-held business owners.
OUR SPECIALTY AREASGlobal Citizens & Global Mobility
Executives
Women
Family Office Services
NextGen
Matrimonial Planning
Attorneys
Athletes & Entertainers
PRIVATE CLIENT SERVICES FOR:
CONTACT Jonah Gruda, Partner | Private Client Services Practice Leader | (P) 212.375.6819 | (E) [email protected]
With seamless access to 24,000 professionals in 90+ countries through our membership in Mazars Group, we are able to help you, your family and your business with our full range of services, all over the world.
A GLOBAL PRESENCEPRIVATE CLIENT SERVICES FOR:
Our highly personalized tax and financial planning services are founded on consistent, hands-on service to our distinguished clients.
• Global Investor(Foreign Account, Asset Reporting, Structuring)
- Structuring Ownership and Identifying Strategies to Safeguard Assets
- Minimize Taxes and Enhance the Growth of Such Investments
• Global Executive(Equalization, Foreign Credits, State and Local)
- Assist with Navigating the Tax Laws of Two or More Countries
- Clarification on Various Tax Treaties and How They Affect After Tax Earnings
- Ensure Compliance with All Filing Requirements
Tax Services
Any effective wealth or financial strategy must consider the impact of taxes. Mazars offers a combination of sophisticated tax planning, consulting and compliance services, with our signature high level of personal attention. Gaining an understanding of your unique needs allows us to focus on uncovering opportunities for tax savings so that you can concentrate on building, protecting, and preserving your wealth.
OUR SERVICES
By building a close, trusted relationship with you and your family, we develop a deep understanding of your situation and create comprehensive services that help you meet your goals - now and in the future.
• Tax Compliance (Personal, Gift, Estate,Fiduciary, Foundation, Business, Payroll)
• Transactional (Purchases, Sales,Structuring)
• Income Tax Planning (Projections,Strategies)
• International (Inbound and Outbound)• State and Local Tax
(Nexus, Allocations, etc.)• Tax Controversy• Tax Reporting and Withholding• FATCA• GAAP/IFRS Disclosures• Cost Segregation• Corporate Structure• FBAR Reporting• Pension, Benefits and Compensation
Expatriate Compliance and PlanningTax Services
Financial Planning and Advisory
Our highly personalized solutions help you, your family and your business meet your financial and personal goals. We work as a key member of your team of professional advisors to address all areas of your financial planning needs.
Many clients call upon us to assist them with estate, gift, trust, and charitable planning. We are available to review any existing wills and established trusts to ensure that your estate’s admin-istration is taken care of and that these important items are up to date and in accordance with both your wishes and any eventuality that may occur. Our professionals will work with you and your team of advisors to create a succession plan that makes sense for you for various events you may encounter such as the sale of your business, a disability or death. We also offer philanthropic strategies, compliance and governance guidelines for foundations you have created.
Estate, Gift, Trust and Charitable Planning
• Gift and Estate Strategies (SuccessionPlanning and Wealth Transfer)
• Document Review (Wills, Trusts, DPOA)• Philanthropic Strategies (Foundations,
CRATS, CRUTS, CLTS)• Legacy Planning and Elder Care
Planning• Asset Protection• Estate Administration and Fiduciary
Accountings
Entrepreneurial Business Services
• Assist with Start-Up Activities (Forma-tion, SS-4, S Elections)
• Set Up Accounting Systems (Training,Implementation)
• Outsourcing Functions (G/L, A/P, A/R,Payroll, QuickBooks)
• Accounting Assistance and Oversight(Audits, Compilations, Reviews)
Charitable Organization Tax Planning and Compliance• Form 990F Presentation• Annual Distribution Requirements• NYS Form CHAR 500 and other State
Filings• Application for Tax Exempt Status,
Forms 1023/1024• Unrelated Business Income Tax Issues• Record-Keeping and Representation in
the Event of IRS Audit• Audits, Reviews and Compilations of
Financial Statements
Compensation and Benefit Services
• Qualified Retirement Plan Strategies• Deferred Compensation Strategies• Equity Based Compensation (NQOs/
ISOs)Cash Flow, Education and Retirement
• Cash Flow Analysis (IncludingRetirement Simulations)
• Education and Event Funding (529Plans, Real Estate Purchase)
• Financing Strategies (PersonalMortgages, Business Loans)
Insurance Advisory Services*
• Needs Analysis and EvaluationCoverage
• Consulting Services/SophisticatedStrategies
• Product Options (Life, Health,Dbl, Group, LTC)
Investment Advisory Services*
• Asset Allocation and Strategic Planning• Manager/Fund Selection and Evaluation• Monitoring and Reporting
*Through our RIA, or working with yourexisting advisors.
As many of our clients hold citizenship in more than one country or have family members, business interests or investments abroad, we offer fully global capabilities. We also help today’s growing class of international professionals – those who hold citizenship in one country, but are employed in another, address the tax implications and other complications of their global status.
In an increasingly global economy, international companies often employ citizens of one country in another country – whether on a temporary or permanent basis. We help you address the compliance, tax, and other implications of this type of transaction for such employees, ensuring all the bases are covered and you can focus on growing your business.
PCS FOR GLOBAL CITIZENS& GLOBAL MOBILITY
Specialty Area
CONTACT Richard Tannenbaum, Partner | (P) 212.375.6545 | (E) [email protected]
Creating a customized approach that effectively integrates your team of trusted advisors.
GLOBAL MOBILITY SERVICES
Advise on Obligation to Withhold Federal, State and FICA Taxes
Hypothetical Tax Calculations
Tax Equalization Calculations
Advise Human Resources on Payroll Setup
Net Pay Computations
Short Term Business Traveler Advisory Services
Social Security Totalization Agreements
Treaty Research and Disclosures
International Corporate and LLC Tax Compliance
Assisting Foreign-Owned Companies with establishment and operations in the USA
Reviews of Deferred Compensation Arrangements and Tax Effects
GLOBAL CITIZENS SERVICES
U.S. Entry/Exit Briefings
Federal and Multi State Income Tax Return Compliance
FBAR and other FATCA reporting
ITIN Applications
Streamlined Voluntary Disclosures
Passive Foreign Investment Company Analysis
GILTI Calculations
FIRPTA Reporting and Documentation
Structuring of Multi-National Operations
Advisory Services, Expatriation and Pre-Immigration Planning and Memorandums
We provide comprehensive tax and financial planning for executives of public and private companies. Our clients count on us to skillfully handle the complex interactions that take place within their business activities, family dynamics, and personal financial needs.
We understand that each executive’s situation is unique, which is why we create a customized approach that effectively integrates your team of trusted advisors. In that regard, we are able to act as a central touch-point for execution within the team on your behalf.
You can rest assured that your financial needs are being addressed, allowing you to focus on enhancing your business while securing your family’s future.
PCS FOR EXECUTIVES Specialty Area
Bruce Lev, Partner | (P) 212.375.6743 | (E) [email protected]
CONT
Our professionals deliver in-depth insight for C-Suite executives, focusing on the distinct elements of
executive compensation and wealth-related strategies.
OUR SERVICES
Taxation of Executive Compensation (NQSO and RSUs)
Option Exercise Planning
ESOPS
IRC Section 161 Bonus Plans
SEC Restrictions
Split-Dollar Executive Benefits
Specialty Insurance Plans
Estate and Gift Planning
Multi-State Issues
Philanthropic Strategies
CONTACTJonah Gruda, Partner | Private Client Services Practice Leader | (P) 212.375.6819 | (E) [email protected]
We address the specific needs of women – whether single, married, divorced or widowed.
The financial needs of today’s women are complex. On average, women live longer than men and can require as much as three times the investment in long-term care. At the same time, many women have become the primary breadwinner or sole earner in their households or may be handling finances for the first time in the wake of a death or divorce. We are here to help you balance family needs, such as caring for children and/or aging parents, with important personal financial goals.
No matter your financial priorities – whether properly investing existing wealth, planning for long-term medical care, establishing a successful monthly budget or saving for a child’s college education – we are here to help you build and secure the financial future you desire.
Specialty Area
OUR SERVICES
Budgeting
Financial Administration
Financial Education
Financial Planning
Philanthropic Strategies
Health Care and Eldercare
Life Situation Changes
PCS FORWOMEN
Jonah Gruda, Partner | Private Client Services Practice Leader | (P) 212.375.6819 | (E) [email protected] CONTACT
Our dedicated Family Office Services team provides a full range of services tailored exclusively to the multi-generational, and often international, needs of family offices. This includes integrating strategic planning and compliance services with the dynamics and structure of the family unit. We recognize the importance of confidentiality and have rigorous policies and procedures to protect client privacy and guard client information.
Through our hands-on approach, we build long-lasting relationships with our family office clients, gaining a deep understanding of their goals and attending to all of their financial needs. Combined with our technology and close Partner contact, this ensures that you will have access to our services at all times.
Specialty Area
Richard Bloom, Partner | (P) 732.475.2146 | (E) [email protected]
PCS FORFAMILY OFFICES
Our accounting and personal bookkeeping services remove the burden of having to stay on top of essential paperwork and we can help to develop a personalized engagement plan that best meets your family’s needs.
OUR SERVICES
Multi-Generational Strategic Planning
Asset Placement and Allocation
Brokerage Tracking, Bill Paying and Banking Functions
Preparing and Evaluating Personal Budgets
Household Staff Financial Management
Income, Gift, Estate and Generation Skipping Transfer Tax Planning and Compliance
Philanthropic Planning
Cross-Border Planning and International Tax Compliance
Private Foundation Tax Planning and Compliance
There are both opportunities and challenges when you are a beneficiary of family wealth or building your own wealth. It can be difficult to balance family and/or non-financial goals with fulfilling your individual needs and objectives.
We believe that financial wealth is a tool to enhance human, intellectual, social and spiritual capital – a means to create the life that you want to lead. We help our clients to leverage these different forms of capital in planning for the future and preparing for the unexpected – from ensuring that inherited wealth is properly managed to planning for long-term goals, budgeting for monthly expenses or saving for a particular investment.
PCS FORNEXTGEN
Specialty Area
CONTACT Christopher Lieto, Partner | (P) 732.475.2121 | (E) [email protected] Jonah Gruda, Partner | Private Client Services Practice Leader | (P) 212.375.6819 | (E) [email protected]
OUR SERVICES
Financial Education
Financial Planning
Personal Goal Setting
Family Goal Setting
Coordination with Family and Professional Advisors
CONTACT
Christopher Lieto, Partner | (P) 732.475.2121 | (E) [email protected]
Our Matrimonial Planning Group offers a complete analysis of your client’s financial, tax and advisory needs. We deliver a broad range of pre-marital, divorce, and post-divorce services to address all aspects of matrimonial planning including financial planning, tax consulting and preparation, valuation advisory, forensic accounting, and dissolution resolution services.
PCS FORMATRIMONIAL PLANNING
Specialty Area
Our Matrimonial Planning Group draws on the knowledge and resources of experienced multi-disciplinary professionals to
provide you with exceptional service.
CONTACT
OUR SERVICES
Financial Planning
Tax Consulting/Preparation
Valuation Advisory
Forensic Accounting & Dispute Resolutions
As a professional services provider, the needs of your clients are your number one priority. When was the last time you considered your personal finances with such focus? We take an integrated and consultative approach to private client services for attorneys to address your personal and financial needs.
Our special industry knowledge in the legal sector and tax implications for legal professionals means that we can help you foresee obstacles before they grow into problems – whether in accounting, finance or tax. We understand that keeping competitive in a volatile marketplace is critical and we can help create conditions that help you and your business venture further.
PCS FOR ATTORNEYS Specialty Area
Christopher Lieto, Partner | (P) 732.475.2121 | (E) [email protected]
TAX SERVICES
Income, Estate and Gift Tax Planning
Tax Compliance for Personal, Gift and Estate Purposes
WEALTH MANAGEMENT SERVICES
Cash Flow Analysis
Estate and Gift Planning
Insurance Planning
Investment Strategies
Retirement Planning
We work one-on-one with you to develop tailored, effective plans for growing and preserving your
wealth while minimizing your tax burden.
Athletes and entertainers face particular wealth management challenges in terms of tax strategies, wealth preservation and financial planning in the face of highly variable revenue streams.
Our team is familiar with the intricacies of athletic and entertainment contracts, advances, royalties, syndication revenues and expenses, tour income and expenses, promoter costs, front-end/back-end/cancellation clauses, ratings-based revenues, and the many other accounting and tax issues that you face.
We work closely with agents, attorneys, investment advisors and other professionals to ensure there is an effective financial strategy in place, from tax minimization to retirement and estate planning.
Specialty Area
PCS FOR ATHLETES & ENTERTAINERS
CONTACT Jonah Gruda, Partner | Private Client Services Practice Leader | (P) 212.375.6819 | (E) [email protected]
OUR SERVICES
State Tax Nexus (Residency) Strategies
International Tax Minimization Strategies
Multi-State Income Tax Considerations
Comprehensive Personal Financial & Retirement Planning
Athlete Specific Deduction Strategies
Charitable Contribution Strategies
Federal and State Tax Planning
Establishment of a Business or Not-for-Profit Organization/Foundation
Auditing and Oversight for Royalty, Endorsement, Licensing and Merchandising
Liaison with Agent, Attorneys, Foreign Professionals and Others
FOR MORE INFORMATION
Mazars USA LLP is an independent member firm of Mazars Group.
Mazars USA LLP provides insight and specialized experience in accounting, tax and consulting services. Since 1921, our skilled professionals have leveraged technical expertise and industry familiarity to create customized solutions to overcome client challenges.
As the independent U.S. member firm of Mazars Group, we have a global reach of nearly 24,000 professionals in 90+ countries.
Locally and internationally, we build lasting relationships with our clients by addressing their particular needs, creating value and optimizing their organizational performance.
WWW.MAZARSUSA.COM/PCS
WWW.TWITTER.COM/@MAZARS_USAWWW.FACEBOOK.COM/MAZARSUSALLPWWW.LINKEDIN.COM/COMPANY/MAZARS-USAWWW.YOUTUBE.COM/MAZARSUSALLP
IMPORTANT DISCLOSURE INFORMATIONInvestment Advisory Services offered through Mazars USA Wealth Advisors LLC, a New York SEC Registered Investment Advisor. Securities offered through Comprehensive Asset Management and Servicing, Inc., 2001 Route 46, Ste. 506, Parsippany, NJ 07054, 1-800-637-3211 Member FINRA/SIPC. Mazars USA Wealth Advisors LLC. is a separate entity from Comprehensive Asset Management & Servicing, Inc.
Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Mazars USA Wealth Advisors LLC (“MWA”), or any non-investment related services, will be profitable, equal any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. MWA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. Moreover, you should not assume that any discussion or information contained in this document serves as the receipt of, or as a substitute for, personalized investment advice from MWA. Please remember that it remains your responsibility to advise MWA, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. A copy of our current written disclosure Brochure discussing our advisory services and fees is available upon request. The scope of the services to be provided depends upon the needs of the client and the terms of the engagement.
ABOUTMAZARS USA