Family Office Formation
For ultra-high-net-worth families with significant assets, a single-family office can provide centralized management and customization. Formation of a single-family office offers flexibility, privacy, and control to effectively manage complex wealth across various entities, businesses, and generations. Our team works with your family to understand and define the overall purpose of your family office and evaluates the specific services required to ensure that decisions made today are aligned with your family’s values to build, grow, and protect your legacy for future generations.
Family Vision & Values
Our process begins with establishing a clear and unified vision for your family, which provides a guiding framework for all future decisions. We identify not just your financial goals, but also the values, legacy, and broader impact your family wishes to achieve.
Structure & Services
We work with your tax and legal advisors to determine the appropriate legal structure, which has significant implications for both governance and tax efficiency. We define the scope of services to be provided by your family office and decide which functions will be managed in-house versus outsourced.
Governance Framework
We help your family to create a process for how decisions will be made, who will be responsible for overseeing specific functions, and how your family will manage conflicts.
Implementation & Optimization
With the legal and governance structures in place, we work with your family office to hire the right talent where needed and establish operating systems for essential functions. As your family’s circumstances and goals evolve, ongoing adjustments and improvements ensure flexibility and the ability to adapt to new challenges and opportunities.