High-level wealth requires high-level stewardship

Building a business and acquiring wealth took ambition, skill, and determination. Maintaining your wealth requires that same level of skill and attention to accomplish lifetime objectives, reach your philanthropic goals, and preserve your legacy.

The wealth-management concerns of highly resourced individuals and families are often complicated and unique. Marcum’s hand-selected wealth-preservation team is comprised of professionals who understand the complex issues you face as you work to manage and preserve your wealth through multiple generations. Our dedicated team approach brings you assurance and peace of mind that you are employing specialists who approach your personal engagement with sophistication, maturity, dynamism, and efficiency.

Tailor solutions to your circumstances

In the crowded market of wealth stewardship, Marcum goes far beyond traditional services. We call on the complementary experience and acumen of our dedicated professionals to achieve the unique wealth management goals of families managing multi-generational fortunes. We set ourselves apart with a cohesive, collaborative approach that enables us to tackle the most complex projects.

Count on us for:

Unrivaled resources.

With specialized resources within our team, even esoteric issues can be resolved quickly by the most capable specialists available.

Harmony and collaboration.

In addition to our dedicated team, we appreciate the value added by wealth advisors, attorneys, governance partners, and brokers. We’re teamed with these and other complementary areas so when you need their services, they’re already on your side.

Cutting-edge counsel.

We are in touch with, and on top of, emergent industries (such as digital currency), resulting in unique, proactive advantages for our clients.

Comprehensive services.

Our custom approach to wealth management encompasses the intellectual resources necessary to address needs ranging from building family offices to monetizing events.

Family Office

  • Prepare customized financial statements including cash flow analysis, income statements, balance sheets, and budgets
  • Bill paying
  • Specializing in the management of multiple personal properties
  • Facilitate luxury lifestyle financing
  • Household payroll services, including benefit administration
  • Assist with related entity administration: partnerships, trusts, corporations, and charitable foundations
  • Reconcile investment portfolios
  • Assist with bank, brokerage and third-party cash and securities transfers
  • Insurance reviews
  • Customized “Life Book” cataloging advisors, bank accounts, investments, current balance sheet and income statements, insurance and benefits, analysis of charitable donations, and personal legal documents

Learn More

Personal Income Tax Services

  • Tax planning and consulting including entity structures for business liability and tax planning purposes (limited partnerships, limited liability companies, and S and C corporations)
  • Tax controversy assistance
  • International tax planning
  • Quarterly estimates, extensions, and tax returns
  • Federal, state, and local income tax returns for individuals and entities
  • Required U.S. reporting information for foreign transactions
  • Federal and state tax compliance and audit representation
man and woman discussing paperwork

Estates & Trusts

  • Trust and estate planning
  • Complex generation-skipping transfer tax issues
  • Sophisticated income, gift and estate, and fiduciary tax return preparation
  • Gift and income tax minimization
  • Recommendations for planning techniques to effectuate desired goals
  • Succession planning and review of buy-sell agreements
  • Estate and lifetime gift plans for high net worth individuals, including resident aliens
  • Liquidity analysis for estates with illiquid assets
  • Valuation of family partnerships and other entities for transfer tax purposes
  • Trust and estate judicial and non-judicial accountings
  • Assist executors in navigating the estate administration process
  • Mediate family disputes over inherited or inheritable assets
  • Ensure third-party trust and estate administration and legal services are high-quality and cost-effective
  • Advise trustees of U.S. and foreign trusts regarding tax compliance issues for U.S. and foreign beneficiaries
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Charitable Planning

  • Charitable strategies using private foundations, donor advised funds, charitable remainder and charitable lead trusts
  • Sophisticated gifting and estate planning strategies
  • Structured gifts such as university chairs, fellowships, trusts, and annuities
  • Engaging heirs in philanthropic endeavors
  • Prepare and file application for recognition of exemption
  • Prepare foundation tax returns, including unrelated business income tax returns, if applicable
  • Prepare and file quarterly excise taxes
  • Perform full charge bookkeeping, financial statement preparation and accounting services
  • Manage charitable activities including grant making, compliance of 5% distribution requirement, and expenditure responsibility
  • Oversee public disclosure compliance and governance
  • Oversee compliance regarding prohibited transactions—self dealing, jeopardizing transactions or excess business holdings
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Newsletter

Beyond the Numbers

Roundup of business and tax planning ideas.

Contacts

Jo Anna M. Fellon

Jo Anna M. Fellon

Partner-in-Charge, Tax Services - East Hanover
National Leader - Private Client Services

  • Tax & Business
  • East Hanover, NJ
David  Appel

David Appel

Partner

  • Tax & Business
  • Miami, FL
Robert L. Babek

Robert L. Babek

Office Managing Partner

  • Tax & Business
  • Los Angeles, CA
Brandon  Baker

Brandon Baker

Partner

  • Tax & Business
  • Philadelphia, PA
Janis L. Cowhey

Janis L. Cowhey

Partner

  • Tax & Business
  • New York, NY
Ronald  Finkelstein

Ronald Finkelstein

Partner

  • Tax & Business
  • Melville, NY
David  First

David First

Partner

  • Tax & Business
  • New York, NY
Patricia  Giarratano

Patricia Giarratano

Principal

  • Tax & Business
  • Miami, FL
Rorrie  Gregorio

Rorrie Gregorio

Family Office Leader

  • Tax & Business
  • New York, NY
Jonah  Gruda

Jonah Gruda

Partner

  • Tax & Business
  • Melville, NY
Kathleen  Lens

Kathleen Lens

Partner

  • Tax & Business
  • Philadelphia, PA
Michele  Lipson

Michele Lipson

Partner

  • Tax & Business
  • Miami, FL
Marina  Margarucci

Marina Margarucci

Principal

  • Tax & Business
  • East Hanover, NJ
Carolyn  Mazzenga

Carolyn Mazzenga

Office Managing Partner

  • Tax & Business
  • Melville, NY
Thomas  McGlone

Thomas McGlone

Partner

  • Tax & Business
  • Philadelphia, PA
John J. Mezzanotte

John J. Mezzanotte

Office Managing Partner

  • Tax & Business
  • Greenwich, CT
Michael R. Pace

Michael R. Pace

Partner

  • Tax & Business
  • East Hanover, NJ
Sandra  Prisco

Sandra Prisco

Principal

  • Tax & Business
  • East Hanover, NJ