Family Office Services

Goals

• Gather data/financial records
• Assess current financial condition
• Create a plan with specific recommendations
• Coordinate plan implementation with appropriate subject matter experts
• Follow up and adjust financial plan to help achieve goals
• Prepare financial reports annually
• Record, report and examine cash flow

Financial Organization

• Develop a personal client website that organizes your financial life
• Provide an electronic document vault on your personal website that can be remotely accessed
• Complete in-home filing of important paper documents
• Offer identity theft protection services*

Day-To-Day Money Management

• Pay bills
• Receive and organize bills
• Complete daily financial transactions
• Manage bank records
• Coordinate foreign currency exchange
• Facilitate the lending process with any related parties

Tax Organization

• Coordinate with your tax professional on timely preparation and filing of Federal and State tax returns and payments
• Keep records of supporting documents for tax returns
• Organize and maintain a current year tax file for tax preparation as well as records used to calculate basis of real estate assets

Estate Planning and Implementation

• Review existing wills, trusts and powers of attorney
• Coordinate with your attorney
• Locate necessary documents or forms in order for you to execute beneficiary changes and retitling of assets

Risk Management

• Review all insurance coverage and premiums (property and casualty, life, disability, long-term care)
• Coordinate execution of necessary documentation and communication to insurance agents and companies

Investment Strategy and Implementation

• Determine if risk tolerance and asset allocation needs are aligned
• Communicate your goals, investment experience and risk tolerance to your investment advisors
• Communicate your investment strategy and decisions with tax planning and estate planning professionals
• Review your plan regularly