What are the benefits of a family office?
A successful family office acts as a personal, private, and protective space for your and your family’s wealth and affairs. There is no one size fits all solution when it comes to family offices. Our experts can guide you through setting up yours to be efficient and secure whilst being tailor-made to your family’s needs. Protect your wealth, create your legacy and support your children and grandchildren by setting up a family office today.
How is a family office structured?
How you set up your family office depends on your individual requirements. But our team recommends structuring your office based on four key areas:
- Wealth management/holding structures
- Operations
- Charity
- Investments
When should I start a family office?
Every family is different, and so are their requirements. If you’re thinking about setting up a family office, our team can arrange an initial consultation. In the consultation, we will get to know you, and your family and be able to advise if we feel a family office structure is appropriate for you. If we feel a full-serviced office isn’t required at the current stage, we are able to tailor our services to provide a bespoke offering that meets the family’s needs at present and review this in the future.
What do you want in a partner?
As your advisor, we would work in partnership with you to help in the initial set up stages, the running of your family office, and navigating any external factors that may impact you. Just a few things that we would support you with include:
- Managing your family’s investments and assets
- Providing governance for your estate
- Financial/wealth management advice
- Succession planning
- Creating regular reporting so you are kept informed
- Providing a single point of contact to work with you and your family
