Wealth Management for High Net Worth Individuals
One coordinated plan for a more complex financial life.
Schedule Your Consultation
Building significant wealth and managing it are two different skills.
Most high-net-worth individuals have spent years getting good at the first: growing a business, a career, a portfolio, or a property holding. But more wealth brings more moving parts, such as multiple account types, trusts, business or real estate interests, tax exposure, and often several advisors who rarely speak to each other.
That’s where we come in. Palm Capital Management is a fiduciary private wealth management firm in Calabasas, California, serving high-net-worth individuals and families in Calabasas, Hidden Hills, Agoura Hills, Westlake Village, Malibu, and across Southern California, as well as clients nationwide. We act as the point person for your financial life, bringing your investments, taxes, insurance, and estate plan together so each decision supports the others instead of working against them.
Where We Start: Your Complete Balance Sheet
Rather than reviewing accounts one at a time, we start with the whole picture: every asset and liability, how each is titled, whether it’s taxable, tax-deferred, or tax-free, how easily it can be turned into cash, and who is meant to benefit.
That view shows where your wealth is concentrated, where it’s exposed to taxes or risk, and where it isn’t aligned with your goals. It’s a better starting point than an account statement, because it reflects your whole financial life.
Taxable
- Brokerage accounts (liquid)
- Real estate (illiquid)
- Business interests (illiquid)
Tax-deferred
- 401(k) and 403(b) plans
- Traditional IRAs
- Deferred compensation (illiquid until paid)
Tax-free
- Roth accounts
- Health savings accounts
- 529 education plans
Liabilities
- Mortgages
- Business and investment loans
- Taxes owed on a future sale
What We Help High Net Worth Individuals Think Through
Tax-efficient investing.
Where you hold each investment, when you realize gains, and how you use losses can change what you keep. California taxes capital gains as ordinary income, so tax-aware investing matters more here. Direct ownership gives us more flexibility to manage gains and losses at the individual-holding level.
Concentrated stock, business, and real estate holdings.
A large stake in one company, a legacy stock position, a business, or Southern California real estate can make up most of a net worth. We help you plan how to diversify or prepare for a sale, with the tax consequences in view.
Estate planning and legacy planning.
As part of our estate and legacy planning, we review how assets are titled, beneficiary designations, trust structures, and exposure to federal estate taxes, which can change with legislation. California is a community property state, and Proposition 19 changed how property tax reassessment works for inherited real estate, so we coordinate with your estate attorney to make sure the plan on paper matches the plan in practice.
Charitable giving.
Giving appreciated securities, donor-advised funds, and other charitable strategies can support the causes you care about while managing taxes. We help you choose the approach that fits your goals.
Risk management and protection.
Umbrella liability coverage, life insurance for estate or liquidity needs, long-term care planning, and homeowners coverage, including in areas of Southern California where wildfire risk has made insurance harder to find. As part of our risk management work, we review what you have and where the gaps are.
Multigenerational wealth planning.
We help you prepare your family to receive and manage wealth, decide when and how to give, and keep the conversation going across generations so the plan reflects your values, not just your balance sheet.
Our Approach
Palm Capital Management uses fundamental analysis and a long-term, tactical approach to build portfolios around your goals, not the other way around. As fiduciaries, we’re legally obligated to act in your best interest, and we keep our own investable assets alongside our clients’, so our incentives stay aligned with yours.
We also believe cost matters. Hidden fees in mutual funds and other structured products can quietly erode a portfolio over time, so we favor low-cost, transparent holdings that give you direct ownership and more control. At higher asset levels, those costs add up quickly.
Portfolios built around your goals
Fiduciary, invested alongside you
Low-cost, transparent holdings
Common questions
High Net Worth Financial Planning FAQs
Straight answers to the questions we hear most from individuals and families with more complex finances.
Got more questions?
Ask us anythingWhat does a financial advisor for high net worth individuals do?
The number of decisions that affect each other grows quickly at this level. A business sale, a gift, or an investment change can trigger tax, estate, and cash flow consequences at once, so the value is in coordinating them.
Will you work with my CPA and estate attorney?
Yes. We don’t replace your other professionals. We work alongside them and help keep everyone on the same page.
How do you handle a large concentrated stock position?
We start with the tax cost of selling, how much of your net worth the position represents, and what you’d need the proceeds to do. From there, we build a gradual plan that fits your situation, instead of forcing a single sale.
Do I need a trust in California?
It depends on your goals, your family situation, and your assets. California probate can be slow and costly, so many families use a revocable living trust, but your estate attorney can tell you whether it’s right for you. We help you identify what you want to accomplish so that conversation is productive.
What does it mean that you’re a fiduciary?
It means we’re legally obligated to act in your best interest. We also keep our own investable assets alongside our clients’, so our incentives are aligned with yours. You can read more about our firm and team.
Do I need to live in Calabasas to work with you?
No. Our office is on Calabasas Road in Calabasas, California, and we meet with clients in person or by video. We work with clients across the country.
Words from Our Clients
Independent Google reviews from those who trust us with their financial future.
“Alano has been managing my now quite sizeable Schwab rollover IRA and revocable trust accounts for 11 years. I’ve left practically all investment choices to him. The funds have grown substantially under his guidance. He and his staff have always been available and responsive to any requests I have for documents or explanations.”
— Donald S.
This is an unpaid solicited client testimonial. The client has had a financial relationship with Alano Massi for over 10 years and is providing his opinion. A client testimonial does not guarantee future investment success and should not be that any client or prospective client will experience a higher level of investment performance. This may present a conflict of interest as this particular client’s experience may or may not be the same as another client’s experience.
“I have worked with Alano Massi for several years and it has been an exceptional experience. Alano is very professional and knowledgeable, and he always makes time to understand my specific goals. Alano and his staff provide prompt and friendly communication, always available to answer my questions and ease my concerns.”
— Sarah C.
This is an unpaid solicited client testimonial. The client has had a financial relationship with Alano Massi for over 7 years and is providing her opinion. A client testimonial does not guarantee future investment success and should not be that any client or prospective client will experience a higher level of investment performance. This may present a conflict of interest as this particular client’s experience may or may not be the same as another client’s experience.
Financial Resources for High Net Worth Individuals
You May Also Be Interested In
Ready to Bring It All Together?
Schedule a complimentary consultation with our Calabasas wealth management team, and let’s build one coordinated plan for everything you’ve built.