Successfully managing a family’s wealth and its enduring legacy can be a challenge without a family office.

Family offices can provide the structure and focus that is needed to properly navigate the wealth management landscape. Whether you have realized new wealth through a significant liquidity event or you are looking to optimize processes and systems around existing wealth, creating or formalizing a family office can often be the right answer. 

Engagement

• Offers ability to share knowledge and resources among family members.
• Develop and align the family’s shared values, goals, and mission.
• Establishes consistent strategy and execution of the family’s vision across multiple generations.

Leadership

• Professionalizes the way that issues and challenges are addressed.
• Frees up resources so family members can concentrate on their primary goals.
• Provides management structure for handling complex matters.

Transparency

• Allows for efficient information management and transparency of information. 
• Highlights often overlooked gaps to assist in mitigating risk.
• Helps maintain balance between the expectations of the family members, employees, shareholders, advisors and the larger community.

Opportunity

• Generates ideas which fall outside a legacy Operating Company.
• Offers considerable income tax opportunities.
• Provides foundation for state-of-the-art family wealth planning techniques.