Learn More About Our Family Office Capabilities

 

We Can Be Your Family Office - For Individuals and Families

  • Work as a Team with Family Members, Legal, Trust and Estate, and Investment Advisers on all Aspects of Wealth Management

  • Advise, Design and Implement a Wide Range of Special Projects including “What If” Scenarios

  • Human Resource Functions including Payroll; Benefits Administration; Assistance with Recruiting, Staffing, Background Checks, Employee Evaluations

  • Real Estate Issues Including Oversight of Real Estate Projects; Financial Accounting; Budget; Vendor Management

Tax Advice, Planning and Compliance

  • Preparation of Partnership, Corporate, Trust, Foundation, Gift and Individual Income Tax Returns for all Family Office Entities and Members

  • Determination of Quarterly Estimates for Trusts and Family Members

  • Manage Streamlined and Timely Access to Hedge Fund and Private Equity K-1s; Year-End Tax Estimate Letters; Tracking and Preparation of Other Tax Related Documents

  • Review of Income and Transfer Tax Consequences Associated with Various Investment and/or Other Transactions

  • Expertise in all Foreign Holding and Investment Related Disclosures Required for Entities, Trusts and Family Members

  • Expertise in Multi-State Filings and Issues

  • Expertise in Family Limited Partnerships and Other Investment Partnerships That Have Carried Interest Allocations

  • Determination of Trust Accounting Income vs Principal Associated with Flow-Through Income of Fund of Funds Investment Partnerships Owned by Trusts

  • Advising on Qualified Small Business Stock and Optimal Integrated Income and Transfer Tax Planning

  • Expertise with Special Assets such as Private Jets and Associated Tax Treatment

  • Expertise and Assistance with Tracking of Tax Basis for All Partnership and Other Investments including Tracking of Section 754 Step Up Basis Specific to Certain Interests

  • Federal and State Income Tax Examinations and Inquiries

Trust and Estate Planning

  • Implementing Philanthropic, Family Legacy Goals and Wealth Transfer Strategies

  • Working with Counsel to Establish Private Foundations and Other Structures

Financial Reporting

  • Weekly, Monthly and or Quarterly Reporting for the Family or for Family Businesses

  • Consolidated Reporting and Tracking of Investment Assets

  • Management of Capital Calls, Stock Distributions, Tax Basis

  • Tracking of Company Stock and Stock Options

  • Net Worth, Cash Flow Analysis and Other Specialized Reporting

Specialized Client Accounting Services and Bill Payment

  • Individual and Specialized Entity Bookkeeping and Accounting, including Private Foundations

  • Client Accounting Services, Bill Payment, Wire Transfers, Cash Management

  • Consult on Optimal Internal or External Bill Payment Systems to Streamline Segregation of Costs

Create Your Own Family Office – All of the Above Plus

  • Family Office Management Company Structuring Including Ownership Structure, Optimal Management Fee Arrangements Including Allocation of Fees and Other Operating Expenses Among Taxpaying Entities and Individuals Served by the Family Office, etc.

  • Clarifying Philanthropic Missions; Setting up the Optimal Structure Including Guidance on When to Use Private Foundations vs. Donor Advised Funds for Certain Donations of Appreciated Holdings

  • Determining Operational Model, Staffing Requirements, Job Descriptions

  • Setting Up Accounting Systems; Establishing Procedures and Quality Control

  • Internal Control Reviews and Risk Assessments of Your Family Office Operations