What is a Multi Family Office ?

While there is no universally accepted definition, a multi family office can generally be described as an entity that supports the complex financial needs of a specific family and acts as their "chief advisor." Multi Family offices typically provide personalized services, technical expertise, creative business leadership and day-to-day management of financial affairs. Some liken the family office to a family's “back office" for all product and service providers and professional advisors, providing advocacy for the family's best interests while serving to strengthen the family mission and legacy.

Why do you need one ?

As your family's assets continue to grow, either gradually or as the result of a significant liquidity event, and your life becomes more complex, you may find it beneficial to consolidate your needs with a multi family office. A multi family office can also provide invaluable support and assistance in such areas as educating next-generation members on the responsibilities of wealth, transfer of wealth to next generation, multi generation planning and philanthropy planning.