CUSTOM FAMILY OFFICE
What is a family office? How can it simplify my financial life? Do I need a family office?
If you are a high-net-worth individual or family with significant assets, you likely have intricate financial matters requiring elevated service and experience. That’s where a family office steps in.
Beyond sophisticated wealth management, we provide comprehensive family office services, giving you more time for what’s important. Our services include assistance with day-to-day finances, property management, philanthropy guidance, family governance, cybersecurity precautions, and concierge services.
Simplifying your Financial Life
With experience across multiple generations and families, we understand the intricacies of managing high-value investment portfolios, private holdings, estate planning, luxury assets, and tax minimization strategies. Our approach serving high-net-worth families is categorized in three main areas of focus:
- Complexity management
- Capital allocation
- Legacy preservation
Managing the Complexity of Wealth
Looking after a family’s affairs is like running a sophisticated business. Frequently, the head of a family becomes the de facto CEO of that business which is truly a full-time role. This prohibits many family leaders from spending time with loved ones, pursuing aspirations, or starting new ventures.
What Services Does a Family Office Provide?
Family Office Services
Perhaps the largest factor fueling the need for a Family Office managing complex affairs. Juggling household administration, internal/external advisors, legal matters, tax strategy, insurance, consolidated reporting, real estate acquisition, bookkeeping, bill pay, and concierge services—among many other tasks—becomes a full-time job, necessitating outside help.
Each family is unique and the solutions for each are customized for them. To name a few examples, family office can provide:
- Evaluating complex real estate transactions
- Strategic guidance on starting or selling a business
- Arranging private aviation and travel coordination
- Family governance
- Philanthropic plan development
- Next-generation financial education
- Complexity management
- Due diligence
- Private investment
- Legacy planning
- Risk management
