Taxes

• Income Tax
  Vanguard Intermediate-Term Tax-Exempt Index Fund is an open-end fund incorporated in the USA. The Fund seeks to provide high current income that is exempt from federal personal income taxes and to preserve investors’ principal. At least 75% of the securities held by the Fund are municipal bonds in the top three credit-rating categories with an average nominal maturity of 6 to 12 years.

Investment

• Investment Management
  This means family investment planning must be built to withstand sweeping changes of history: war, revolution, recessions, depressions, financial crises, legal liabilities, and more. In this context, guarding against risk is priority one.

Planning

• Asset Management
  We also work with our CIO clients to exchange ideas and produce detailed analysis at the full portfolio level, which can produce actionable insights in several areas including testing assumptions and inputs for asset allocation models, evaluating portfolio return and cash flow characteristics, and quantifying and discussing risks that can emerge from manager interactions.