Family Office

Family offices exist to manage many aspects of family wealth, including investment management, banking, tax and legal, trusts and succession planning, real estate, private collections, philanthropy, lifestyle and concierge services.
The concept dates back to the mid-nineteenth century, when JP Morgan founded the House of Morgan to manage the family assets.
Family offices are today arguably the world’s fastest growing investment vehicles, as families with substantial wealth increasingly see the virtue of a family office. There are at present some 3,000 single family offices worldwide, at least half of which were set up in the twenty first century. Some single family offices have transitioned to multi-family offices, achieving economies of scale by acting for several families.
There are many reasons why setting up a family office makes sense, but at the root of these is the desire to preserve family wealth for future generations.
We nurture long-term relationships with our clients by offering a combination of service, expertise and global capabilities, which are aligned with their specific needs.
Our family office services include:
Tax Services

  • Integrated tax and income planning

  • Tax compliance

  • Domestic and foreign trusts

  • Structuring of family limited partnerships and trusts

Estate Planning

  • Estate and gift tax strategies

  • Estate and gift tax returns

  • Trustee services

  • Succession planning

Financial Reporting

  • Balance sheet analysis

  • Retirement planning

  • Analysis of professional advisors and fees

  • Bank financing analysis and negotiations

  • Coordination of team of advisors 

  • Annual consolidated net worth statements

  • Cash flow analysis and forecasting

  • Quarterly investment performance reports

  • Quarterly investment partnership accounting

  • Monthly entity accounting and reporting

  • Annual status reports compared to plan

Investment Management

  • Investment policy development 

  • Asset allocation plan development

  • Investment managers selection

  • Investment vehicle structures 

  • In-house portfolio management

  • Custodial oversight

  • Special asset class research

  • Allocation and rebalancing oversight

  • Structuring of real estate investments

  • Counsel on private equity and venture capital transactions

  • Life insurance funding analysis

Philanthropic Endeavors

  • Multi-generational objectives

  • Personal giving programs

  • Foundation trustee advice

  • Private foundation management

  • Governance and board development

  • Mission statement development and implementation

  • Foundation and grant administration

Lifestyle and Concierge Services

  • Personal bill paying

  • Cash flow management and forecasting

  • Domestic help and payroll

  • Coordination of medical and education services

  • Property management

  • Recordkeeping for personal property

  • Private travel management

  • Aircraft / watercraft management

  • Personal security

  • Collectibles inventory, appraisal, and protection