Family Investment Office
For those who seek a "Chief Investment Officer" to oversee and manage their investments.
The Benefits You Should Expect
Your family office team will create one or more Investment Policy Statements in collaboration with you that provides:
An investment strategy and approach that is consistent with your individual and/or family goals, accommodates for the varying degrees of risk that should be taken with each, consistently provides you with the necessary liquidity you need and objectively evaluates investment opportunities based first on your best interests
- An investment portfolio customized to your specific needs and which leverages GenSpring’s access, intelligence and buying power
- Management and negotiation of provider costs
- Consolidated investment reporting that clearly illustrates the attribution of your investment performance to the advice you received
- An emphasis on tax aware investment decisions with a focus on asset location and the integration of tax and estate planning decisions
- A single point of contact for all investment information
Objective advice & exceptional service
Sample Deliverables
- Goals-based financial and cash flow planning, liquidity management and capital sufficiency analysis
- Asset allocation, investment due diligence, negotiation, selection and consolidated reporting
- Tax aware advice on asset location and income and gift tax return reviews
- Advice on asset location
- Financial recordkeeping and document retention
Objectivity & Alignment: New Choices for Families and Advisors
Read the transcript of GenSpring CEO, Mel Lagomasino discussing this topic at the 2007 CFA conference.
What is an ADV?
Form ADV is a two-part form that the SEC requires of investment advisers and encourages people to read, as do we. In Part 1, be sure to look at Item 5 (B.2 and E)... any registered representatives? Commissions? Also, glance at Item 8 (A.1)...any principal transactions? And frankly, if you have enough patience for it, Schedule F in Part 2 will spell out the conflicts of interest that are less obvious in Part 1.
Not All Advisors Are the Same
In this white paper, Mel Lagomasino, GenSpring's CEO, explains how to tell the difference between a wealth management firm that is selling investment products and one that is your advocate and advises solely on the merits.