Where To Start With New Wealth?

We often hear from new Long Angle members that they aren’t fully prepared for what comes next after achieving significant wealth.

To help people managing this transition, we put together the New to Wealth Checklist: an introductory guide covering the five financial domains that matter most when getting started.

Taxes: A standard accountant files your taxes. A high-net-worth tax advisor builds a proactive strategy around your entire financial picture: minimizing liability, maximizing deductions, and treating tax as a year-round planning consideration.

Estate planning: Neglecting to implement a basic estate plan may leave assets exposed to probate, trigger unnecessary estate taxes, and create ambiguity around guardianship.

Insurance: Umbrella insurance is an inexpensive way to protect against catastrophic financial loss. HNW insurance provides much better service for only marginally more cost.

Asset Allocation: As your wealth grows, so does your access to asset classes. A broader mix allows you to better diversify and align your target allocation with your specific goals.

Borrowing & Investing: Tactics include borrowing against your stocks, direct indexing, Private Placement Life Insurance (PPLI), and a mega backdoor Roth IRA.

For deeper dives into each area, read the full New to Wealth Checklist and accompanying guide.

Knowing what to do after selling your business turns out to be a harder problem than most founders expect.

Most people prepare for the financial transition. Fewer prepare for the identity transition.

That is the throughline of a piece we published on what actually happens after the exit, when structure, purpose, and momentum fall away all at once. A few themes stand out:

Based on conversations with Long Angle members who have navigated this transition, we created a simple psychological framework for approaching life after the exit:

Learn more in our blog: What to Do After Selling Your Business

The SaaSpocalypse has triggered a sharp decline in public software valuations and a wave of redemption requests for private credit funds with SaaS exposure. The next logical question: what does this mean for private equity?

Software has represented roughly 25% of private equity deal value over the past five years, making it one of the sector's defining exposures. 

The vulnerability is mostly concentrated in specific vintages, as sponsors who deployed capital aggressively in 2021–2022 did so at peak multiples.

So yes, these portfolios now face pressure as deteriorating public market comparables reset exit benchmarks. IPO paths will likely remain restricted and monetization timelines could extend.

But a broad software selloff doesn’t mean broad risk. Data suggests: 

Jump into the data in our latest paper: Software vs. AI Q1 2026

A Long Angle member recently posted a link to an article asking whether flying your kids in first class teaches them the wrong values.

Some agreed with the article’s author that you should book economy because comfort is earned, not inherited. 

One member pointed out that whether at the front or the back, you're still getting on a plane to go on vacation. If the goal is raising grounded kids, the seat assignment is probably not where the lesson is.

Someone else said they just explain to their kids that different families make different choices with money. Another asked: why would you deprive yourself of something you've earned just to prove a point to your kids?

Thirteen replies. Genuinely different views. 

That's the thing about Long Angle. When someone asks a question that touches on wealth, parenting, and values, people answer honestly from lived experience.

If that's the kind of peer group you've been looking for, the application only takes a few minutes. Learn more about Long Angle membership.

Chris Bendtsen

Insights Lead, Long Angle

Have thoughts? Reply to this email, I’d love to hear from you!