There are many significant responsibilities that accompany wealth accumulation, but perhaps one of the most essential for high-net-worth families is structuring and staffing an effective family office. As your assets grow, the role of the family office becomes increasingly important in responsibly managing the myriad investment, reporting, philanthropic, and financial planning activities. Sound and reliable family office operations are important for the long-term preservation of a family legacy — from facilitating family communication to overseeing that tax and financial decisions are made in a timely and efficient fashion. But even the largest and most complex family offices can benefit from working with an outside advisor to support such a complicated system in the midst of constant regulatory, family, and economic changes.

Our Comprehensive Suite of Services Include:

Financial Planning

• A clear picture of your current financial situation
• Comprehensive financial planning and projections
• State-of-the-art portfolio analyses
• Insurance planning and evaluation
• Balance sheet management
• Risk management
• Customized financial decision support tools
• Analysis of options, restricted stock and other complex financial instruments

Investment Planning, Oversight and Reporting

• Establishment of strategic asset allocations and investment guidelines
• Introduction to and/or evaluation of investment advisors, consultants and managers
• Consideration of relevant tax and estate planning implications
• Preparation of consolidated portfolio reports
• Ongoing performance monitoring and re-balancing of asset allocations

Income Tax Planning

• Sophisticated tax-minimization strategies
• Transactional planning and structuring

Estate Preservation and Legacy Planning

• Wealth preservation and distribution strategies
• Succession and philanthropic considerations
• Coordination with other professional advisors
• Integration with income tax and investment strategies

Cash Management, Financial Reporting and Other Recordkeeping

An Ongoing Planning Process

In addition to consulting on specific wealth planning issues as they arise, Family Office professionals provide sustained, coordinated support to help your family manage routine financial events. Throughout the year, your Relationship Manager and Family CFO coordinate to organize and host meetings in accordance with your family’s financial calendar.

January: Quarterly investment performance, tax and wealth planning review

April: Meeting with Family CFO and CPA; quarterly investment performance, tax and wealth planning review

July: Quarterly investment performance, tax and wealth planning review

August: Annual family meeting

September: Quarterly investment performance, tax and wealth planning review

December: “Advisor Conference” (year-end planning meeting with third-party tax and legal advisors)