The Evolution of the Family Office Starts Here
Family Office Director
What is a Family Office?
The wealthiest Americans are also the most successful investors, and that is neither a secret nor a coincidence. We believe the reason is simple: they are served by Family Offices.
The Family Office focuses on the integration of tax, wealth, and risk management into one cohesive experience. Typically, in financial services, advice is segregated to very specific expertise versus connected across the different financial services disciplines.
Creating a cohesive and integrated plan can have the same impact once only reserved for the wealthiest. It is now available to every American family.
Why You Need a Family Office
We see that too many of our clients suffer from the conflicts, high costs, and inefficiencies that result from working with multiple, often competing financial firms. We have made it is possible for every American family to enjoy the advantages that were once only available to the ultra-wealthy.
Those advantages include lower costs, smarter tax treatment, and a holistic approach to preserving, protecting, and growing their wealth.
Our vision for a brighter future is to provide the professionals, the expertise, the systems, and operational controls required
to deliver the family office experience.
Latest Family Office Articles
Grading Your New Year’s Financial Resolutions
Researchers have found that fewer than 10% of Americans who make a New Year’s resolution successfully complete them. About a quarter give up in the first week. This can be a problem if the resolution is about something hugely consequential, like your security in retirement. The problem may not be your resolve; it may be that you’re focused on behaviors that won’t really change things.
Mutual Funds and Lack of Transparency Makes a Bad Deal Worse
Cheaper, more tax efficient, less risky, more flexible, and more transparent investing vehicles should do for the mutual fund what the light bulb did for the oil lamp.
At Almost 100, the Mutual Fund Has Lived Long Enough
Cheaper, more tax efficient, less risky, more flexible, and more transparent investing vehicles should do for the mutual fund what the light bulb did for the oil lamp.
Investors Should Learn Their ABGs
Some investors may be familiar with the asset management terms alpha and beta, but few have ever heard of gamma. Yet gamma may be the most important driver of value in the relationship between investor and advisor. Gamma should be the measure by which investors select, hire, and evaluate their advisors.
Tax Optimized Portfolio Management
If you want to win Wimbledon, you should figure out what Serena Williams has for breakfast. If you want to maximize your portfolio efficiency, you should learn from family office best practices. In this blog, we’ll focus on a little-known but important discipline known as asset location.
Tax Planning is a Business Decision
For many business owners, taxes are their largest single expense. Larger than qualified plan contributions, larger than their mortgage, sometimes even larger than the kids’ college education. If taxes take the biggest bite out of your working capital, your tax strategy may be as important as your go-to-market strategy.
What can you expect?
Proactive Tax Planning
Most financial professionals neglect this important discipline, but we believe that it’s not what you make, but what you keep that matters.
Taxes are a drag on portfolio performance, wealth accumulation and lifestyle choices.
We will work to lower taxes in a way that is legal, moral and ethical.
Control the Controllable®
Historically the financial services industry wastes time and money on attempting to control things that can’t be predicted or controlled, such as market direction, volatility, inflation, interest rates, etc.
Our approach is to focus on costs, tax efficiency, diversification and maximum loss exposure. All these things can, and we believe, must be controlled
Multi-Generational Focus
Long-term planning is common among family offices, with a goal of maximizing the wealth transfer to succeeding generations or, in many cases, making an impact on society through charitable giving.
Risk Management
Today risks are magnified for the simple reason that you have so much to protect. Your wealth can make you a target, and the complexity of your holdings can create unwanted personal liabilities that can be managed with careful planning
Prudence & Discipline
As a general rule, family offices do not take uncompensated risks in their investments. They tend to avoid speculation, preferring instead to take an institutional approach to asset allocation and portfolio management. Family offices accept the ups and downs of markets in ex- change for long term wealth building.
Best Interests Standard
Also known as the fiduciary rule. We follow this standard and put the interests and welfare of our clients first. Because we are Best Interest focused, we search for and implement only what we believe are the most beneficial solutions for the unique needs of the families we serve.
