Wealth Consulting & Trust Services

Client Background

A commercial real estate investor who was looking to invest in a new project utilizing alternative ways to finance the investment turned to Metropolitan Capital with whom it had an existing banking relationship. Metropolitan Capital worked with the client to establish a Self-Directed IRA custodied by Metropolitan Capital, which could then be used to fund the project.
 

SOLUTIONS DELIVERED

Wealth Consulting

After forming the self-directed IRA the Wealth Consulting team provides ongoing monitoring and reporting for the account. In addition, the team can manage rental income streams, additional purchases and distributions for the investor, shifting much of the management responsibility away from the Investor thereby allowing the investor to continue focusing on new investments.

Metropolitan Capital is able to custody a wide range of assets through self-directed accounts, including the following:

• LP interests for hedge funds and private equity
• Crypto
• Promissory notes/peer-to-peer lending
• Tax liens
• Real estate holdings/mortgage notes
• Mutual funds/stocks/ETFs
• Other alternative investments

Client Background

An investor wishing to make an investment from their IRA into a special purpose vehicle fund sponsored by Metropolitan Capital Investment Banc was unable to use an existing banking relationship with a top tier brokerage firm to make the investment due to its inability to custody private investments in IRAs. In addition, timing was critical as the subscription window was set to close in the very near term and the investor needed to move quickly in order to participate in the fund.
 

SOLUTIONS DELIVERED

Wealth Consulting

Leveraging Metropolitan Capital's Wealth Consulting team and its ability to custody a wide range of unique assets, the team assisted with a new Self-Directed IRA account for the investor and had the funds transitioned expeditiously for the timely opportunity to participate in the fund subscription.

Investment Banking

Highlighting the versatility of the Universal Banking model and network, the Investment Bank created a special purpose vehicle fund to invest in a high-profile business venture start-up that was open to a small subset of private investors. The ability to offer these types of investments to clients which are typically unavailable to the public market as well as facilitate and custody these investments is another example of how clients can utilize Metropolitan Capital for a full array of creative and tailored banking solutions.

Client Background

A Chicago area firefighter normally in the business of putting fires out, decided to put the lights on and launched a commercial lighting business. MetCap’s draw to young entrepreneurs helped pave the way for an early stage line of credit that enabled the individual to make the necessary investments to grow his business. In just a few years, the company successfully expanded into new markets, brought on new hires and has enjoyed consistent profitability. The success of his business led our client to seek diversification of his wealth portfolio outside of his company. Leveraging MetCap’s knowledge and deep understanding of the asset management space, our wealth consulting advisory team identified the ideal asset manager to help our client achieve his investment goals.

More important than anything, MetCap developed a meaningful and trusted partnership that extends well beyond a traditional business loan relationship. As new opportunities and challenges arise for our client, MetCap has the client’s best interest in mind, and as a result, the client continues to turn to MetCap for solutions and advice every step of the way.
 

SOLUTIONS DELIVERED

Commercial Banking

MetCap’s interest in partnering with promising early stage companies provided the framework for a capital solution for our client that helped expand the commercial lighting company

Wealth Consulting

A complete understanding of the client’s modest portfolio, investment goals, and interests in sustainability and emerging market investing allowed MetCap to find the right financial advisor. Additionally, MetCap has provided assistance to the client in formulating 401k plans and employee benefit programs as the company continues to grow.

Client Background

Our client, the CEO of a digital marketing firm, co-founded the company in his late 20s and successfully grew the business into a multimillion dollar enterprise. The success of the company has created a broad set of challenges and opportunities for the CEO.

In addition to investing in the growth of the company, the CEO used the income to build a portfolio of public equity investments. He also invested in real estate, startups, and other small private investments across the country that were brought to him by friends and family. Evaluating the financial merits of these individual private investments became increasingly challenging for the CEO, whose expertise focused on marketing and business strategy. In addition to assistance in analyzing new opportunities that were brought to him, the CEO wanted to diversify his holdings by getting access to professionally-sourced private equity and real estate investments.

The large number of different private investments held by the CEO meant that he didn’t have visibility into his total net worth and monthly cash flows. This lack of visibility made it difficult for the CEO to build a comprehensive wealth management plan and understand how the various elements of his portfolio could be working together to achieve his longer-term goals.

Utilizing a number of services and capabilities offered through the Universal Banking platform, Metropolitan Capital assisted the client in diversifying his equity holdings and generating a clear picture of his consolidated cash flows and net worth.
 

SOLUTIONS DELIVERED

Private Banking

Metcap issued a $2 million line of credit for the CEO so that he could increase his investment size threshold and thereby generate greater returns as well as eliminate the need to liquidate his stock holdings to access funds.

Investment Banking

The CEO has access to Metcap’s proprietary deal flow as well as the expertise to help analyze the financial merits of prospective investment opportunities as they arise.

Wealth Consulting

Metropolitan Capital’s consultative approach to private wealth management has helped the CEO gain a clear picture of his comprehensive financial situation and evaluate new private investment opportunities. Acting as the client’s outsourced personal CFO, Metropolitan Capital helps the client analyze any new investments that he is presented with. Metropolitan Capital also has created consolidated financial statements and models that give the client visibility into how various decisions will affect his net worth and future cash flows.

Client Background

Our client, a high net worth individual, was looking for peace of mind about her wealth and clarity about the strategies her advisors were implementing on her behalf. In addition to owning shares of a second-generation family business with her siblings, the client owned three residential real estate properties and held approximately $10 million in stocks and bonds.

To help her oversee these disparate assets and income sources, the client had seven different advisors focusing on various accounting, estate planning, legal, and financial planning aspects of her estate. Because these advisors worked independently of each other, the strategies they implemented often failed to account for the cumulative impact on the family business and her longterm financial goals. Further, due to the complexity of the client’s wealth portfolio, projecting monthly cash flows and consolidated financial statements proved to be a challenging task.

By overseeing and coordinating the client’s team of professional advisors, MetCap provided the client a comprehensive, coordinated view of her personal wealth and family business income.
 

SOLUTIONS DELIVERED

Wealth Consulting

• Ensured that each advisor developed strategies that aligned with the client’s financial goals
• Reviewed advisory fees for reasonableness
• Held quarterly meetings with the client to provide a global view of cash flows and financial performance as well as rationale behind newly implemented strategies
• Ensured client’s portfolio generated a stream of income that was sufficient to support the client’s lifestyle and spending needs
• Worked in concert with client’s attorneys and siblings to create estate planning strategies that would maximize wealth transfer to her children and would be agreeable to the owners of the family business
• Facilitated meetings with the client’s children to explain the estate plan and the mechanics of the family business

Client Background

Our client, a successful Real Estate investor, was first introduced to MetCap by a long-term relationship of the firm. As the individual continued to expand his real estate portfolio, the bulk of his wealth was concentrated in non-liquid real estate assets. To fund additional investments, our client needed a banking partner that could provide the necessary capital without the traditional upfront liquidity commitments and constraints. Further, as the wealth profile and financial needs of the client expanded rapidly, MetCap integrated scalable and tailored financial services that best served the clients evolving needs.

Initially providing a non-traditional debt facility for the client, the relationship seamlessly expanded to include a multitude of services for the client under the Universal Banking platform.
 

SOLUTIONS DELIVERED

Private Banking

MetCap arranged a non-traditional loan facility leveraging personal guarantees and the investor’s successful real estate investment track record that enabled the client to make additional real estate investment plays without prematurely selling or liquidating his existing portfolio.

Wealth Consulting

Due to a recent sizable liquidity event, the Client asked MetCap to find the right investment advisory team for his family office. MetCap arranged the due diligence and hiring process and is still currently retained by the Client to ensure the advisory team is working in concert together and in the Client’s best interests. MetCap has also assisted with the client’s philanthropic activities, helping to formulate the mission and vision of the client’s charitable activities.

Investment Banking

MetCap has completed several capital raise assignments for the client to date and provides on-going assistance and expertise in analyzing the financial merits of prospective private equity and venture capital investment opportunities as they arise.

Client Background

Our client, a young entrepreneur, co-founded a marketing company in his early 20s and successfully grew the business across the country, making it a national brand. The client was fortunate to have the opportunity to sell his business, freeing up his time to pursue other entrepreneurial activities and investments. The client came to MetCap looking for guidance on how to best invest the proceeds from the sale of his company as well as tax and insurance help on forming a new entrepreneurial venture.
 

SOLUTIONS DELIVERED

Wealth Consulting

• MetCap worked with the client to formulate investment objectives, goals and interests, and paired the client with the right financial advisor. In addition, MetCap assisted the client in developing and implementing an estate plan to meet the needs of his growing family and wealth profile.
• The client was keenly focused on obtaining comprehensive insurance coverage for his new e-commerce business. MetCap partnered with insurance companies to offer the client adequate cybersecurity, business disruption and property and casualty insurance coverage.
• The client was also moving to another state and was seeking guidance on proper tax structures and implications with respect to a new tax nexus. MetCap facilitated an introduction to a tax specialist who assisted in the planning and structuring of the business entity.

Client Background

An existing loan client of the Bank was a successful managing director of an investment company. The time demands of his career prevented him from taking an active role in his personal financial management and planning. Knowing its importance, the client wanted a financial quarterback to provide peace of mind with a dedicated, comprehensive and coordinated approach to his wealth management. In addition, a significant portion of his net worth was concentrated in the holding company of his investment firm, inhibiting the diversification and growth of his investment portfolio.
 

SOLUTIONS DELIVERED

Wealth Consulting

• MetCap provided a clear and comprehensive financial picture for the client, which helped the client to create a monthly budget and cash flow projections. In addition, MetCap helped establish strategic goals, both short and long term, to achieve financial objectives.
• MetCap crafted a plan for the strategic diversification of the concentrated stock position and helped to negotiate more favorable terms and conditions for accounts managed by outside advisors.
• Working closely with the client and attorneys, MetCap helped develop and implement a cohesive and fluid estate plan to match the client's wealth profile.