The One Strategy High-Net-Worth Individuals Depend On To Grow Wealth By Anna Davies The wealth accumulation phase of your life can be a stressful one. And the pressure doesn’t diminish as your wealth grows. Often, this may mean you employ a strategy to deal with high-priority action items as they come up—and don’t necessarily have the opportunity to see how all the pieces work as part of a whole. The financial moves you make today have a ripple effect that will be felt by the next generation. getty That’s where a balance sheet approach to wealth can be invaluable, said Whit Batchelor, Senior Vice President and Client Advisor at Whittier Trust. This approach takes stock of everything you have—investment assets, business holdings, real estate assets—from a big-picture perspective that can ensure your wealth remains an asset, not a liability. Here’s how a balance sheet approach helps you manage growing wealth.