Vital to coping with the COVID-19 crisis.
By Anthony Glomski and Russ Alan Prince
Your $5-Million High-Net-Worth Practice
A lot goes into building a $5 million high-net-worth practice.
MORE: What the Wealthy Need | Setting Financial and Practice Goals During COVID-19 | 4 Components of a High-Net-Worth Practice | Life Insurance as Part of Wealth Management | Mistresses, Mister-esses and Accountants | The Coming Boom in Tax Services for the Super-Rich
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It is a given that you will need wealthy clients. For most accountants, most of these wealthy clients are very likely to be successful business owners. But that is not always the case. You can potentially achieve your financial end goals with wealthy inheritors, for example.
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