Broker Check
(408) 212-7917
info@herrickwa.com
Client Login

Trial Lawyers, Their Families, Firms, & Clients


Wealth Management for Trial Lawyers

Schedule a Private Consultation

Smart Investment Strategies for Trial Lawyers

Your Comprehensive Guide to Financial Success and Stability

Trial lawyers often face unique financial challenges: fluctuating income, high tax burdens, and the need to balance personal and professional financial priorities. This guide provides actionable strategies tailored to the complexities of your profession, helping you build and protect your wealth with confidence.

This guide combines expertise with actionable strategies to address the unique financial needs of trial lawyers, ensuring your wealth works as hard as you do. 

Download Your Guide

With a deep understanding of the unique demands and nuances involved in pursuing legal remedies on behalf of plaintiffs, Herrick Wealth Advisory provides comprehensive financial planning services tailored specifically for trial attorneys, their families, their firms, and their clients.

Why Choose Us?

Few financial planners have the extensive experience we do in personal injury settlement planning. We have consulted on countless personal injury settlements totaling hundreds of millions of dollars, collaborating with attorneys, injured clients, trust professionals, structured settlement brokers, and medical lien experts. This experience assists us not only in serving personal injury plaintiffs but also the lawyers and law firms who represent them.

Comprehensive Settlement Planning

We address the unique needs of personal injury plaintiffs, transitioning these relationships into long-term financial planning and investment advisory services. With over a decade of experience, we assist clients at all stages of the personal injury process and support attorneys with compromise and settlement petitions. Our extensive network includes estate planning attorneys, professional trustees, and structured settlement annuity providers, enabling us to create effective solutions for both immediate and long-term needs.

  • Trusts and Settlement Planning Tools, such as:
    • Special Needs Trusts
    • Minor’s Settlement Trusts
    • Basic Revocable Living Trusts

We collaborate with structured settlement annuity brokers. We do not offer structured settlements; we do encourage clients to review and seriously consider them.

Wealth Management for Trial Lawyers

We take a holistic approach to integrate an attorney’s financial and personal life into our analysis, working closely with their CPA to understand tax timing and obligations. By adhering to fiduciary standards, we ensure the highest level of trust and integrity in our relationships. Our specialized financial services for trial lawyers and law firms address the unique complexities of the legal profession, enabling us to develop effective solutions that provide personal injury plaintiffs with stable income and opportunities to build balanced investment portfolios while helping our clients achieve their financial goals and preserve their legacies.

Our Approach

We integrate an attorney’s entire financial and personal life into our analysis, collaborating closely with their CPA to ensure comprehensive planning. This allows us to develop effective solutions tailored to your needs, including:

  • Qualified Retirement Plans: 401(k), Cash Balance, and more.
  • Firm Financing and Cash Flow Management
  • Fee Structuring and Case Cost Decisions
  • Comprehensive Financial Planning, covering:
    • Real Estate
    • Tax Planning
    • Estate Planning
    • Risk Management and Insurance
    • Annuities
    • Education Planning
    • Income-Generating Investments, Tax-Efficient Strategies
  • Business Succession Planning

Ongoing Support

Our services also include:

  • Comprehensive Financial Documentation
  • Coordination with CPAs and Tax Professionals
  • Ongoing Client Reviews and Updates
  • Real Estate Planning: Guidance on purchasing a home and investment property.
  • Investment Strategies: Income, liquidity, and capital appreciation 

At Herrick Wealth Advisory, we are dedicated to helping attorneys, their firms and their clients achieve their financial goals, ensuring that our attorney clients are well-supported as they work to secure the best outcomes for their families and their clients.


Learn About Our Approach

Schedule An Appointment

If you believe you could benefit from working with a financial professional, let's schedule some time together to see if we're a good match for you.

Thank you!
Oops!