Start Early, Keep it Local, and Keep it Customized: Wealth Management in the Gables
Publisher: Coral Gables Magazine
October 15, 2019
Manuel Garcia-Linares is quoted in an article, "Start Early, Keep it Local, and Keep it Customized: Wealth Management in the Gables," published in the October 2019 issue of Coral Gables Magazine. The feature focuses on various boutique wealth management firms in the Gables providing services to individuals and families of wealth.
As reported in the article, legal work is an area typically outsourced by "pure" money management firms. "Neither accounting firms nor wealth managers can do the legal work on trusts and estates," said Garcia-Linares, managing partner of Day Pitney's Florida offices, including in Coral Gables. The article notes that in addition to advising clients in matters of complex business litigation, Day Pitney also has a strong private clients practice that works with affluent individuals and families – and their wealth managers – on tax planning, wealth transfer and succession planning for future generations.
In addition, the article mentions Day Pitney's Art Law practice, which plays well in Coral Gables, where many residents maintain collections of Latin American painting and sculpture. "We have a number of lawyers that specifically advise clients on art deals – acquiring, protecting, selling, and how to pass the art from one generation to the next," Garcia-Linares told Coral Gables Magazine.
