Why A Family Office?
One might well wonder: “If we have been providing these services all along, why do we now feel the need for a formal Family Office?” The reason is that the demand for services that go beyond pure asset management has grown exponentially in recent years, and is now emanating from a much larger and more diverse segment of our clientele than ever before. Most of our partners and their assistants are now providing at least some family office services — from simple check writing and bill paying, to orchestrating complex estate restructuring involving multiple experts. This showed the potential benefits of a more centralized “memory” within the firm — but not a mechanical or impersonal one, such as might reside in the computer of a large institution. Instead, this memory function will operate on two levels: ยท On one level, a small, discreet and loyal team already known to most of our clients will be the custodian of these client financial histories. By working closely, on a daily basis, wi
