At HBKS Wealth Advisors, we’ve always believed that managing your wealth involves much more than your investment portfolio. It’s about working together to build a financial framework to help you live the life you want to live. When HBK CPAs & Consultants, which opened for business in 1949 and today is one of the 50 largest accounting firms in the U.S., expanded into financial services in 2001, the goal wasn’t to diversify, but to provide more of the services our clients need.
Long before the term “comprehensive wealth management” was popular, we recognized that our clients were increasingly looking to us, their accountants and financial advisors, not just for tax planning or portfolio management, but for help with a wide range of financial decisions. They wanted advice on retirement planning, estate planning, wealth transfer, philanthropy, and more. Too often in the past those conversations would end with a referral to an outside advisor. And while we trusted those professionals, we couldn’t ensure the quality, coordination, or continuity of the advice our clients received.
That didn’t sit well with us. So, we founded our wealth management business on the premise that our clients deserved more: a seamless, fully integrated experience where every financial consideration was connected, orchestrated, and intentionally aligned with their long-term plan. Not managed in silos, not fragmented across multiple providers, but unified.
Today, our profession is coming to the realization that comprehensive wealth management is not just an ideal, it’s essential to meet our clients’ needs.
According to a McKinsey & Company Study, the share of investors who prefer “one-stop-shop” financial solutions grew from 29 percent in 2018 to 47 percent in 2023, a 60 percent increase. Among younger investors, ages 25 to 44, the increase over that period is more than 70 percent. More than an indication, that’s confirmation: Clients no longer want to have to manage a team of disconnected advisors; they want guidance that’s coordinated, proactive, and personal.
For us at HBKS, comprehensive wealth management involves a deep and disciplined process that begins with understanding our clients’ lives in full—their business interests, family dynamics, charitable goals, personal ambitions—then tailoring a financial plan that integrates tax efficiency, asset growth and protection, estate strategy, and risk mitigation. It ensures that every advisor and strategist involved—a CPA, a portfolio manager, an estate attorney—isn’t operating in a vacuum.
One of the most powerful advantages for our clients from how we have structured our firm is the degree to which our professionals collaborate in real time. Coordinating the intellectual assets required to serve a client eliminates miscommunication, reduces redundancy, and provides for advice that is more cohesive, more thoughtful, and ultimately more valuable.
McKinsey’s latest research on the issue, which confirms the trend it noticed in 2023, is consistent with what we see in our practice. Clients want to work with a team that understands their full financial picture and can proactively anticipate what lies ahead for them. They want clarity, confidence, and the kind of foresight that comes from decades of experience navigating complex client needs.
That’s the vision we’ve built HBKS around. We’ve assembled a multidisciplinary team of best-in-class talent across all critical financial domains, from tax strategy to investment management, business succession, insurance consulting, and beyond. And because we operate with the mindset that working together sets us apart, we serve our clients with a rare blend of expertise, institutional depth, and discipline.
Our clients’ financial lives don’t happen in isolated silos. Their investment goals are connected to their tax liabilities, which are tied to their estate plans, which are influenced by family dynamics, health events, business opportunities, and the inevitability of change. Our job is to connect those dots, to ensure that every decision serves a greater purpose, and every strategy reflects the bigger picture.
Comprehensive wealth management, at its best, is transformative. It turns complexity into clarity. It turns uncertainty into strategy. And it empowers individuals and families to live, and give, with confidence.
Important Disclosure:
The information included in this document is for general, informational purposes only. It does not contain any investment advice and does not address any individual facts and circumstances. As such, it cannot be relied on as providing any investment advice. If you would like investment advice regarding your specific facts and circumstances, please contact a qualified financial advisor.
HBKS Wealth Advisors is not a legal or accounting firm, and does not render legal, accounting or tax advice. You should contact an attorney or CPA if you wish to receive legal, accounting or tax advice.
The historical and current information as to rules, laws, guidelines, or benefits contained in this document is a summary of information obtained from or prepared by other sources. It has not been independently verified but was obtained from sources believed to be reliable. HBKS Wealth Advisors does not guarantee the accuracy of this information and does not assume liability for any errors in information obtained from or prepared by these other sources.
Investment Advisory Services offered through HBK Sorce Advisory LLC, d.b.a. HBKS Wealth Advisors. Not FDIC Insured – Not Bank Guaranteed – May Lose Value, Including Loss of Principal – Not Insured By Any State or Federal Agency.
