Transition Planning: Unlocking a Lifetime of Work

The Baum Consulting Group






500 Grant Street, 46th Floor
Pittsburgh, PA 15219

In our Life's Questions series, we ask the questions women face when it comes to life, business, family, and investing.



We start with questions and a discussion that helps us focus on what's really important to you. Then, we can help you organize your financial life into three key areas.

  • Liquidity—to help maintain your lifestyle
  • Longevity—to help improve your lifestyle
  • Legacy—to help improve the lives of others

This UBS approach to wealth management can help you clearly understand where your money is—and why. The clarity it provides can help you stay focused on your long-term goals, no matter what the markets are doing.

Adding this structure to your financial life can give you a greater sense of purpose. And the plan we create together, can help you pursue what matters most—for today, tomorrow and for generations to come.

To help maintain your lifestyle

This strategy helps you manage cash flow for near-term expenses. It can give you the confidence to fund short-term needs regardless of the markets, and helps reduce the likelihood of making impulsive investment decisions during periods of market volatility.

  • Entertainment and travel
  • Taxes
  • Purchasing a home

To help improve your lifestyle

This strategy includes the resources you’ll need over the course of your life. It can help you gain confidence in your future by allowing you to shift your focus to meeting long-term goals rather than trying to outperform the markets.

  • Retirement
  • Healthcare and long-term care expenses
  • Second home

To help improve the lives of others

This strategy includes all of the resources for needs that go beyond your own. Having a Legacy strategy can boost your confidence by reframing risk based on specific legacy goals and longer timeframes.

  • Giving to family
  • Philanthropy
  • Wealth transfer over generations

“We create value for you and your family by providing leadership, relationship, and creativity to eliminate your biggest dangers, capture your greatest opportunities, and maximize your largest strengths.”

— Ahmie Baum

Our second opinion service

In this challenging economy, you probably know a friend, family member or colleague who may be in complex financial situations or are just unhappy with the advice they are receiving from their financial advisor(s)—it’s not uncommon. We have found that a majority of high net worth investors would value a second opinion on their finances.

Learn more about our Second Opinion Service

Defined wealth management process

What is your definition of Wealth Management?

In the midst of an increasingly complex financial environment, we are redefining Wealth Management. While Investment management is important it is only a part of our definition of a collaborative and comprehensive wealth management experience. An experience that will help you make more informed decisions about your money.

Our collaborative and comprehensive definition of wealth management is built on three distinct, yet fully integrated, pillars:

  • With personalized investment consulting, we provide clear direction around asset allocation, portfolio management, risk assessment and performance analysis.
  • Our advanced planning discipline helps to coordinate all the other aspects of your financial life, including tax minimization, cash flow, retirement planning, exit planning, asset protection wealth transfer and charitable giving.
  • With the goal of building a long-lasting collaboration rooted in relationship management, our practice coordinates all your professional advisors into one collaborative and comprehensive perspective focused solely on you and your family.

Learn more about The Baum Consulting Group's formula for wealth management

Family Businesses and Entrepreneurs

After 37 years of working with business owners we understand that your life is more complex than the average person and therefore have created a division that is specifically geared towards helping you think through and execute on your most pressing issues. Please visit our Business Transition Group website for more information.

Business Transition Group a part of Baum Consulting Group

Professional advisors

The ability to retain existing clients and attract new ones is the backbone of any successful practice. The world has become more complex and challenging. Your clients are looking for a collaborative and comprehensive process that will help them create a personalized roadmap for the wealth that they have created.

We have a clearly defined process for you to expand your value proposition beyond your specialty that can complement what you offer. We want this page to be a resource for you, the professional advisor, so come back often!

Transition planning: Unlocking a lifetime of work

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The bucket approach - zero estate tax plan

Defining wealth management

Planning deliverables

Managing the challenges and the opportunities for building wealth

The confidence to pursue your goals

The Private Plan


The process of getting there and staying there are not the same thing. All your working life, you have likely taken prudent steps to ensure you have the wealth to live happily ever after. Your focus may have been to spend less then you make, invest for the long-run and take prudent risks. You likely have done that. You are there or can see the end of the winding, working road.

We help you with questions you may have, for example what are some common fears around transition planning that could be eliminated. What are some of the opportunities others have captured during and after transition planning? What strengths do people often rely on during the transition planning process? Learn more here about our Transition Planning.

Estate planning for digital assets

The bucket approach - zero estate tax plan

Legg Mason Aging Brochure

Protect your retirement and legacy assets

Social Security the Cornerstone of retirement


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