Multi-Generational Family Office
For those seeking to successfully sustain wealth across generations.
The Benefits You Should Expect
Your family office team will create a multi-generational Success Plan in collaboration with you that provides:
A plan, process and infrastructure for successfully sustaining wealth across generations and which incorporates all appropriate financial, investment, legal and family considerations
- Detailed organization of your financial affairs and assistance with major financial decisions
- An investment portfolio customized to your specific needs and which leverage’s GenSpring’s access, intelligence and buying power
- Proactive engagement, advice and service in response to life events and economic, market or legislative changes
- Confidence that your wealth transfer objectives are well documented and will be achieved as you intended
- An active partner in helping you to prepare heirs for life with wealth
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
- Estate plan reviews and recommendations
- Trust administration, accounting and reporting
- Financial recordkeeping and document retention
- Education plans for next generation family members
- Family meeting facilitation and governance system development
- Strategic philanthropic planning
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.