Among other areas, Frazer Rice is an author and podcaster about areas affecting HNW families and individuals.

Next Capital Management has appointed Frazer Rice as director of family office services. 

Rice – interviewed here by Family Wealth Report in 2019 – will be responsible for developing and implementing the firm’s family office services offering. The offering covers topics such as estate planning, intergenerational wealth transfer, and business transaction planning.

“Four years ago, we created Family Office Services within Next Capital to address the needs our ultra-high net worth clients were facing outside of investment management. What began as a solution to our clients’ problems is today one of the most important pillars of Next Capital,” Andrew Hart, CEO of Next Capital Management, said. “As an attorney with two decades of experience working with wealthy families on an array of estate, tax, and other issues, we believe Frazer is uniquely qualified to lead this offering and significantly enhance the quality of our advice to clients.”

Rice was previously the Northeast regional director for Pendleton Square Trust Company where he was responsible for building Pendleton’s Northeast presence and advising clients and their financial advisors on fiduciary issues. His career which spans more than 20 years has focused on the “why” of estate planning, how to develop and maximize a client’s legacy and, ultimately, nurture the growth and maturity of the next generations.

“The future of high-end wealth management revolves around the development, implementation and ongoing management of financial advice, wealth structures and family office services for clients. Next Capital understands this desperate need in the market and that is why I’m excited to join their team,” Rice said.

Next Capital Management is part of Dynasty Financial Partners’ Network of independent financial advisory firms.

Before Pendleton, Rice spent 16 years at Wilmington Trust advising high net worth clients and family offices, rising to the level of MD in the firm’s New York office. 

A published author, Rice has written the book Wealth, Actually: Intelligent Decision-Making for the 1% and he produces the successful “Wealth Actually” Podcast. He appears on a variety of media and industry panels to discuss wealth management practice, trusts and estates, family dynamics, and tax policy. Rice is on the board of the New York City Estate Planning Council and is co-head of its Programming Committee. 

Rice received his BA in political science and history from Duke University and his JD from Emory University School of Law. 

Next Capital Management, founded in 1998, oversees $1.2 billion in client money, according to its most recent regulatory filing.