Full Family Office Services
Time is our client’s currency;
we aim to restore that currency
Bill Pay / Payroll / Bookkeeping / Financial Reporting
- Bill Pay and weekly/monthly summary of payments
- Payroll coordination
- Monthly, Quarterly and Annual detailed bookkeeping
- Consolidated and Stand-alone Financial Statements
- Custom financial reporting package
Cash Flow Management
- Bank reconciliations
- Cash Balances report
- Custom Cash flow projections report
Private Equity Tracking
- Funding capital calls and recording distributions
- Report on unfunded commitments
- Timing of capital calls included in cash flow projection
- Custom detailed Private Equity Report
- Summarized updates from Private Equity managers
- Reconciliation of K-1’s to Financial Statements
Family Governance, Education and
Family Legacy Planning
- Establish family Vision, Mission, and Values
- Establish family governance structures
- Develop formalized Next Generation wealth transition plan
- Family meeting coordination with all applicable parties
- Next Generation financial literacy training program and education
Estate Planning Review and Implementation
- Review existing Trust, Will and Estate Plan documents
- Estate Plan creation and implementation in coordination with Estate Attorney
- Continuous monitoring and administration of complex estate planning
Philanthropy Management
- Establish Foundation Vision, Mission and Values
- Development and implementation philanthropy management plan
- Foundation administration
- Investment advisor review
- Back-office services: Due diligence on Charities, Review Grant Requests, administrator distributions, coordinate Board Meetings, family voting
- Providing office / conference facilities
- Facilitate review of Foundation tax return
- Accounting, Bill Pay and grant processing
Risk Management
- Insurance Review-property & casualty liability, umbrella and coordination with appropriate insurance brokers
- Identity theft protection program
- Establish secure and confidential data storage procedures
- Litigation assistance and coordination
Private Aircraft Services
- Assist with the purchase/sale of aircraft
- Assist in procurement of aircraft services providers
- Aircraft management services –review of property taxes and insurance, hiring of pilots, coordination of usage amongst stakeholders
- Aircraft expense tracking and maintenance records
Real Estate Management
- Property Management – coordinate/oversee existing property manager, coordinate property maintenance, coordinate property usage
- Assist with the purchasing, sales and/or exchanges of real estate
- Real Estate Broker coordination
- Property Tax Review
- Operating and capital improvements budget
- Reports on annual cost structure
Business Planning / Consulting
- Facilitation of business acquisition/disposal
- Assist in business valuation
- Business insurance and private lending assistance
- Business 401K and other benefits coordination
Personal Assistant / Other Services
- Household personnel management
- Coordination with third party travel advisors
- Assist in obtain/maintenance/ disposal of sport season tickets
- College funding coordination
- Eldercare coordination