Risk Management for High Net Worth Families & Professionals
Protect Your Wealth, Your Family, and Your Legacy From Hidden Risks
Gain clear, fiduciary guidance that uncovers hidden exposures, strengthens your security and coverage, and turns risk into long‑term financial confidence for your family.
Clarity on Every Coverage
Protection Aligned With Your Plan
Ongoing Stewardship of Your Risk
As your wealth has grown, so has your exposure, and that’s where thoughtful risk management and insurance planning become essential. Multiple homes, coastal properties, investment accounts, business interests, board service, and greater visibility all increase the chances that one event (a storm, a lawsuit, a health issue) could have outsized consequences for your family’s future.
Most affluent families already have insurance. The real question is whether that coverage still fits your life today. Policies are often layered over years with different carriers and advisors, rarely reviewed in light of new assets, new tax rules, or changing family dynamics. It’s common to feel generally “covered” and still worry about the fine print and exclusions you haven’t seen.
Success Has Brought You Wealth; It Has Also Brought New Risks
Even with substantial assets and multiple policies, affluent families often live with a quiet contradiction:
95%
65%
feel confident in their coverage, yet
worry their policies hide dangerous exclusions.
Why Thoughtful Insurance Reviews Matter
A review that’s worth your time doesn’t start with new products; it begins with three straightforward questions:
Do we have clarity on every coverage we own?
Is our protection aligned with our overall plan, including estate planning, tax, and investment considerations?
Do we have ongoing stewardship of our risk, or are we hoping nothing important has changed?
For families in the Southeast, where coastal risk, premium volatility, and non‑renewals are becoming more common, these questions are no longer optional. Regular, fiduciary‑led reviews replace vague anxiety with clear insight and a next step.
The Right Partner for Complex Families
At Cornerstone, we understand the tension between feeling well insured and still wondering what you might be missing. We’ve walked alongside successful families across the Carolinas and Florida as they navigate coastal storms, a shifting insurance market, estate tax changes, and growing complexity.
As fiduciary advisors, our job is not to sell you more products. It’s to provide clear, coordinated insight into your entire risk picture and to stand with you over time as your life, laws, and assets change.
An Integrated View of Risk and Protection
Our risk and protection services go far beyond a quick policy check. We:
Evaluate your existing life, disability, long‑term care, health, property, auto, umbrella, and specialty coverage.
Design and implement strategies to strengthen protections for life, disability, and long‑term care where needed.
Review health, property, auto, and umbrella policies with an eye on coastal exposure, liability limits, and exclusions.
Integrate your coverage decisions with your estate, tax, and investment planning, and revisit them regularly.
With this integrated approach, you see not just what you own, but how well it truly protects the people and future you care about.
Risk Management and Insurance Planning Designed for Successful, Complex Families
This service is built for individuals and families whose financial lives have moved beyond the basics. Where simple, off‑the‑shelf insurance is no longer enough and where true private wealth management requires integrated risk and insurance planning.
You may see yourself in one or more of these situations where consulting a financial advisor could be beneficial:
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![Coastal Home Insurance Planning]()
You own multiple properties, often including coastal homes in the Carolinas or Florida, and you’ve watched hurricanes and rising premiums. Non-renewals hit neighbors, leaving 75% of high‑risk‑state clients anxious about what their policies might exclude when they need them most.
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![Life and long-term care planning advisor]()
Your income, net worth, or estate exposure has grown, but your life, disability, or long‑term care coverage hasn’t been revisited in years.
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![Risk Mitigation for Business Person]()
You have a mix of business interests, investments, and public‑facing roles. You’re increasingly aware that in a litigious environment, where more than half of affluent clients fear the financial impact of being sued and 83% of younger HNW individuals see lawsuits as a meaningful risk, your current liability and umbrella limits may not be enough.
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![Fiduciary Financial Advisor- Insurance Planning]()
You’ve accumulated policies over time from different advisors, and no one has ever pulled everything together to see how it all fits, or where it doesn’t.
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![Private Wealth Advisor - Risk Review]()
You feel a responsibility to protect your spouse, children, or future generations, and you want a clear, coordinated plan rather than a patchwork of guesses. It’s no surprise that, across age groups, affluent families consistently rank extreme weather, lawsuits, and health events among their top financial worries.
If you recognize any of these, you’re exactly who we built this service for: families who want clarity, coordination, and a trusted partner. A private wealth advisor and fiduciary team who make sure that, whether the challenge is a death, a disability, a disaster, or a lawsuit, there is a solid plan in place and a steady guide at their side.
How Our Risk & Insurance Review Works
A Clear Process, Not a Sales Pitch: Cornerstone’s insurance review services don’t start with new products; they begin with three straightforward questions: Where are you exposed, what already works, and how should your coverage evolve with your wealth? Our process is designed to answer those questions with clarity and care.
Discover & Diagnose
We begin with a structured review of your existing coverage: life, disability, long‑term care, health, property, auto, umbrella, and specialty policies, alongside your assets, estate documents, and family goals. We look for gaps, overlaps, outdated limits, and fine‑print exclusions that could leave you vulnerable.
1
Design & Coordinate
Next, we design an integrated risk strategy that aligns with your balance sheet and values. This may include adjusting life, disability, or long-term care coverage, revisiting property and umbrella limits, or restructuring ownership and beneficiary designations. We coordinate these recommendations with your attorney and CPA to ensure everything works together.
2
Implement & Steward
Finally, we help you put changes in place and stay with you over time. As your life, laws, and assets change, we revisit your plan so your protection keeps pace with your success.
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Risk and Insurance Review Services to Turn Complex Coverage Into Clear Protection
Life and Disability Insurance Planning, and Long‑Term Care
For many affluent families, the most significant threats are not market moves but life events—a death, a disability, or an extended care need. Our life and disability insurance planning, along with long‑term care strategies, helps ensure your coverage continues to align with your income, net worth, estate exposure, and family priorities. That may mean adjusting amounts, updating older contracts, or exploring long‑term care or hybrid strategies that protect both your assets and the people who rely on you.
Health, Property, Auto, and Umbrella
We also examine the policies that protect your everyday life. For families in the Carolinas and Florida, that often includes coastal and flood exposure, changing carriers, and rising premiums. We review home, vacation property, auto, and umbrella coverage to confirm liability limits reflect your visibility and balance sheet, and that key exclusions and sub‑limits are clearly understood, not discovered in the middle of a claim.
Connecting Coverage to Long‑Term Goals
Finally, we step back and connect these coverage decisions to what you ultimately want: protecting your lifestyle today, providing for the people and causes you care about, and keeping your estate and legacy intact.
Preparing for a Risk and Insurance Review That’s Worth Your Time
A Little Preparation, A Lot More Value
You don’t need everything perfectly organized to start this process, but bringing a few key items will make your review more effective and efficient.
Helpful documents to gather:
Current policy information
Recent statements or summaries for:
Life, disability, and long‑term care
Health insurance
Home and vacation properties (including coastal and flood)
Auto and umbrella coverage
Big‑picture planning documents
Your most recent will and any trust summaries
A simple list of major assets (properties, businesses, investment accounts)
Recent changes or concerns
New properties, liquidity events, or business changes
Premium spikes, non‑renewals, or new exclusions from carriers
Any specific worries you or your spouse have; lawsuits, storms, health, such as events, or estate taxes
If you don’t have all of this handy, that’s perfectly fine. Our team will meet you where you are and guide you through what matters most.
Why Address This Now
When nothing is on fire, it’s easy to push insurance and risk reviews to the bottom of the list. But storms, lawsuits, health events, and tax changes don’t wait until you feel ready—and that’s when outdated limits, exclusions, or old policy structures become evident without a thorough risk assessment, causing the most damage.
In coastal states like the Carolinas and Florida, recent hurricanes, premium spikes, and non‑renewals have already shown how quickly coverage can change. Reviewing your risk and insurance now isn’t about expecting the worst; it’s about protecting the life and legacy you’re building while you still have options and flexibility, not after circumstances limit your choices.
Ready to See Your Risk Clearly?
Whether you’ve been relying on past advice, online research, or financial advisor reviews, a direct conversation with a fiduciary team focused on risk management and insurance planning can bring the clarity you’ve been missing.
Meet privately with a Cornerstone fiduciary financial advisor to review your current coverage, identify blind spots, and start building a plan tailored to your family office needs.
Not ready to schedule a consultation yet?
Read one of our blogs below related to Risk Management and Insurance Planning.
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