Family Office Advisory
A Structured Approach to Managing Family Wealth
Having a clearly defined Family Strategy and investing time and energy in its implementation, is fundamental to achieve the goals of wealth preservation and family unit across generations.
The leading families “institutionalize” their practice of wealth management, utilizing vehicles like an investment partnership or a family office.
A Structured Approach to Managing Family Wealth
In regards to the Business of Wealth, there are objective criteria to choose the most appropriate wealth management set-up and Family Governance:
Family Office Structure
In general, a Family Office Structure, whether dedicated (Single Family Office) or shared (Multi-Family Office) is a better solution for ultra-high net worth families.
Wealth Stewardship & Family Governance
Defined as the dedication to discipline, intellectual integrity and alignment of interest necessary to facilitate the transfer of a legacy from one generation to the other.
Family Governance Structure: is the key to put Family Stewardship in practice. Rules & policies for shareholding, decision making & conflict resolution.
Why Family Office Advisory
As the proverb goes, families face some laws like “Shirtsleeves to shirtsleeves in 3 generations”, preserving wealth proved to be even more challenging than creating wealth. The leading families are able to create but importantly maintain, grow and transfer their wealth over generations.
Managing Family Wealth
Allocation to illiquid investments
Wealth Diversification
Co-investing Opportunities
What Are You Planning For?
You have goals.
We help you get there.
No two people have the exact same goals. That’s why it takes an individually tailored plan to make them a reality. Raymond James advisors work with many different clients at many different stages of life. So no matter where you are or where you’re trying to go, your advisor can create a customized plan to help you get there.
EVOLUTION OF FAMILY OPERATING BUSINESS, LIQUID WEALTH & HOUSEHOLDS OVER GENERATIONS
EARLY STAGE
- G1: Primary control
- G2: Participation
- G3: Children
- N*: Family Units
EARLY MIDDLE STAGE
- G2: Primary control
- G3: Participation
- G4: Children
- 2N*: Family Units
LATE MIDDLE STAGE
- G3: Primary control
- G4: Participation
- G5: Children
- 3N*: Family Units
MATURE STAGE
- G4: Primary control
- G5: Participation
- G6: Children
- 4N*: Family Units