Passing the baton to the next generations: a seamless transition

Will your children build the same trusted relationship with your portfolio manager that you have developed over the years? At NS Partners, we ensure that the generational transition is as smooth and personalized as possible, with solutions tailored to the next generation. 3^rd generation of mandates with long-lasting management team.

I had been a client of NS Partners for decades, like my parents before me, starting in the mid-1990s. Over the years, I grew to trust not only their investment expertise but also the personal care I received with a steady team.

Three years ago, I faced the moment that many families encounter—the transition of wealth to the next generation. I wondered if my children would feel as comfortable with NS Partners as I had. After all, they had been by my side during several meetings, but would they feel that my portfolio manager could meet their expectations in today’s fast-evolving world?

Solution

To my relief, I soon realized I had nothing to worry about. NS Partners had evolved just as I had. While I had the same relationship manager for years, the firm had never stopped innovating. They embraced the digital transition, automated processes, and integrated sustainable investment strategies to adapt to a changing world. Most importantly, NS Partners also refreshed their leadership, reflecting the generational shift among their clients.

When I brought up the idea of passing the reins to my children, my portfolio manager immediately suggested that my children spend some time in the company to get to know their work. My children expressed their goals, and the manager suggested customizing the portfolio to align with their vision. They even downloaded the NS Partners mobile app, giving them 24/7 access to their portfolio. Now, they discuss the merits of AI-driven strategies while I enjoy reminiscing with my old friend.

It’s a relief to see that the wealth I worked hard to grow is in good hands. After all, if I’ve built this legacy, it’s to pass it on to the next generation—with the same level of care and trust that I’ve come to expect from NS Partners.

Discover how NS Partners can help you plan for your family’s future.