When the Kim family, successful entrepreneurs originally from Korea, began considering how to give back to their community and ensure their wealth would benefit future generations, they turned to Bordeaux’s Asian Wealth Advisory team for guidance. The Kims sought advisors who understood their cultural values, family dynamics, and unique perspectives on legacy and philanthropy.
Our team began by engaging the entire family in thoughtful discussions about their charitable vision, the values they wished to pass on, and their long-term goals for both giving and wealth succession. We explained the benefits of creating a private family foundation, including tax advantages, asset protection, and the opportunity to involve their children in meaningful ways.
Working alongside legal and tax professionals, Bordeaux assisted with the foundation’s framework to support educational, cultural, and healthcare initiatives that resonated with the family’s heritage and aspirations.
Within the foundation’s governance structure, Bordeaux made sure it reflects the Kims’ desire for collaborative decision-making and the inclusion of the next generation in leadership roles.
Throughout the process, Bordeaux advisors provided culturally attuned guidance, helping the family navigate the intersection of tradition, modern wealth planning, and charitable impact. We facilitated workshops and family meetings to educate the children about foundation management and investment stewardship, strengthening both financial literacy and family bonds.
Through Bordeaux’s holistic, culturally connected wealth advisory services, the Kims enjoy the satisfaction of seeing their foundation make a meaningful difference in their community while also uniting their family around shared values.
