Family Office Types

Administrative Family Office

Admin

For those complex families seeking help organizing, managing and administering daily financial affairs.

The Benefits You Should Expect

Your family office team will create a Success Plan in collaboration with you that provides:

An infrastructure and experienced personnel to oversee and manage your financial providers, record and report on financial transactions, and interface and solve for the daily financial needs of family members

  • Consolidated record keeping of your assets and planning
  • Proactive management of providers, accounts and cash flow
  • Reporting and objective analysis of all investment performance and tax information
  • Management and negotiation of provider costs
  • Knowledge of and control over all expenses
  • Single point of contact for family members and other providers on daily financial matters

Sample Deliverables

Lifestyle Taxes Estate Document Management Expense Management
  • Goals-based financial and cash flow planning, liquidity management and capital sufficiency analysis
  • Tax aware advice on asset location and income and gift tax return reviews
  • Estate plan reviews and recommendations
  • Financial record keeping and document retention
  • Expense management, including the establishment of internal controls, bill paying and comprehensive expense reporting