SKG Wealth Management provides high net worth wealth management for individuals and families with complex financial needs. Our services include advanced tax planning, estate and legacy strategies, concentrated stock diversification, business succession planning, multi-generational wealth coordination, and philanthropic planning. We serve clients in DuBois, PA, Clearfield County, and throughout northwestern Pennsylvania.
At SKG Wealth Management, managing significant wealth goes far beyond standard investment advice. High net worth individuals and families face a unique set of challenges — from minimizing a growing tax burden to protecting assets across generations, coordinating business and personal wealth, and ensuring your legacy reflects your values.
Our team brings over 90 years of combined experience and complete independence. We have no proprietary products to push, no sales quotas to meet, and no conflicts of interest. Every recommendation we make is driven solely by what is right for you and your family.
Our High Net Worth Services
Tax-efficient investing, Roth conversions, charitable giving through donor-advised funds and charitable remainder trusts, sophisticated capital gains management, and tax-loss harvesting strategies designed to minimize your lifetime tax burden.
Wealth transfer strategies, trust planning (revocable, irrevocable, generation-skipping), beneficiary optimization, coordination with your estate attorney, and strategies to minimize estate and inheritance tax exposure for your heirs.
Diversification strategies for large single-stock, restricted stock, or company equity positions using exchange funds, systematic sales plans, hedging, and charitable strategies — all with careful tax-impact management.
Succession planning, key person insurance, buy-sell agreement funding, business valuation coordination, deferred compensation strategies, and personal/business wealth integration to optimize both your business and personal financial picture.
Family governance structures, financial education for the next generation, dynasty trust strategies, coordinated planning across generations, and ensuring your wealth creates lasting impact rather than lasting problems.
Full insurance review including umbrella liability, specialized coverage for unique assets (real estate, collectibles, watercraft), directors & officers coverage, and advanced liability protection structures.
SKG serves as your financial quarterback — coordinating with your CPA, estate attorney, insurance specialists, business partners, and other advisors to ensure all pieces of your financial life work together.
Structured giving strategies maximizing charitable impact and tax benefits — donor-advised funds, private foundations, charitable lead trusts, charitable remainder trusts, and qualified charitable distributions from IRAs.
Who We Serve
Our high net worth clients include successful business owners preparing for succession or sale, executives with concentrated equity compensation, retirees managing significant portfolios, families coordinating wealth across generations, and individuals navigating major life transitions such as the loss of a spouse or a divorce. No matter how you arrived at this stage, SKG has the experience and independence to guide you forward.
Client Scenarios
You have built a successful business worth several million dollars but most of your wealth is tied up in the company. SKG helps you develop a succession or sale strategy, minimize capital gains on the transaction, create retirement income from the proceeds, and coordinate the transition with your estate plan.
You hold a significant position in your employer's stock from years of equity compensation. SKG builds a diversification plan using systematic sales, exchange funds, or charitable strategies — balancing tax efficiency with reducing your single-stock risk.
Your family has accumulated wealth across generations and needs coordinated planning. SKG establishes governance structures, educates the next generation, coordinates trust strategies, and ensures your family's values are reflected in how wealth is managed and transferred.
A major life transition has left you managing significant assets for the first time. SKG provides compassionate, clear guidance — helping you understand your full financial picture, make no rushed decisions, and build a plan that reflects your new goals and circumstances.
The SKG Difference for High Net Worth Clients
Independence is our greatest advantage. Because SKG is not owned by a bank, brokerage, or insurance company, we have zero conflicts of interest. We access the full marketplace of investment products, insurance carriers, and planning tools to build solutions that genuinely serve your interests. We coordinate with your existing professionals — your CPA, estate attorney, insurance specialist — to ensure every piece of your financial life works in concert.
Frequently Asked Questions
What is considered high net worth for financial planning purposes?
While definitions vary, most financial advisors consider individuals or families with investable assets of $1 million or more as high net worth. However, at SKG Wealth Management, we focus less on a specific dollar threshold and more on the complexity of your financial situation. If you have needs that go beyond basic investment management — such as tax optimization, estate planning, business succession, or concentrated positions — our high net worth services may be right for you.
How is high net worth planning different from regular financial planning?
High net worth planning addresses complexities that standard planning does not. This includes advanced tax strategies like Roth conversions and charitable trusts, estate planning to minimize transfer taxes, concentrated stock diversification, business succession coordination, multi-generational wealth governance, and coordination with your CPA and estate attorney. The stakes are higher and the strategies more sophisticated.
Does SKG Wealth Management work with business owners?
Yes, business owners are among our most common high net worth clients. We help with succession planning, buy-sell agreement funding, key person insurance, deferred compensation strategies, business valuation coordination, and integrating your business wealth with your personal financial plan. Our goal is to maximize the value of your life's work when you are ready to transition.
Can SKG coordinate with my existing CPA and estate attorney?
Absolutely. In fact, coordination of professionals is one of our core high net worth services. SKG serves as your financial quarterback, ensuring your CPA, estate attorney, insurance specialists, and other advisors are all working from the same playbook. This prevents gaps, reduces redundancy, and ensures every strategy complements the others.
Confidential Consultation
Every financial situation is unique. Contact us for a confidential, no-obligation consultation to discuss your specific needs.
