Multi-Family Office Services
Directing a wealthy family’s balance sheet has many parallels to running a business. The “family office” needs the right organizational structure, systems, skilled and credentialed personnel, along with comprehensive reporting and analytics.
Single-family offices are typically constructed to provide a deep set of customized financial and concierge services to meet the complex needs of a family and their generational wealth. Because of the cost associated with running these ultra high-touch and in depth services only those with the highest level of wealth can afford a true single-family office.
Drive Wealth Advisers provides multi-family office services delivering an experience for families whose wealth requires far more sophistication and attention than what a typical financial advisory firm provides, at a fraction of what a single-family office costs.
Our Services
| MFO | Private Client | WM - Advanced | |
|---|---|---|---|
| Investment Portfolio Management | |||
| Global Asset Allocation & Investment Strategy | X | X | X |
| Investment Manager Selection & Monitoring | X | X | X |
| Direct Investments Review & Analysis | X | X | |
| Account & Subscription Administration | X | X | X |
| Investment Commitment and Capital Call Management | X | X | X |
| Lifestyle Management | |||
| Personal Cash Flow Forcasting & Management | X | X | X |
| Portfolio Income Management | X | X | X |
| Bill Pay Services | X | ||
| Household Payroll Management | X | ||
| Aircraft / Watercraft Management | X | ||
| Estate, Gift & Trust Planning | |||
| Estate Planning | X | X | X |
| Asset Location & Placement | X | X | X |
| Philanthropic Planning | X | X | X |
| Entity Administration (Formation & Registration) | X | X | |
| Internal Note Administration & Maintenance | X | X | |
| Trustee Services | X | X | |
| Family Meetings & Education | X | ||
| Multi-Generatioal Planning & Objectives | X | ||
| Foundation Maélagement | X | ||
| Insurance & Risk Management | |||
| Life Insurance Analysis & Design | X | X | X |
| Disability Insurance Analysis | X | X | X |
| Health Insurance Review | X | X | |
| Property & Casualty Insurance Analysis | X | X | |
| Integrated Financial Strategy | |||
| Private / Concentrated Stock Analysis, Purchase, & Liquidation | X | X | X |
| Executive Compensation Analysis | X | X | X |
| Bank Financing Analysis & Negotiation | X | X | X |
| Portfolio Loans / Margin Analysis & Strategy | X | X | X |
| Loan Documentation and Request Fullfullment | X | X | |
| Aircraft / Watercraft Financing Analysis & Negotiation | X | X | |
| Income Tax Planning | |||
| Income Tax Planning & Implementation | X | X | X |
Services
Drive Wealth’s multi-family office services include both advise and operational oversight including items such as:
Cash Flow Management and forecasting
Bill-pay services
Household bookkeeping and reporting
Household payroll management
Trust & estate management
Trustee services
Family governance and education
Entity administration
Philanthropic management
Insurance and risk management
Tax preparation and administration
“Chief of staff” services
Balance sheet organization and asset maintenance
Comprehensive investment and balance sheet reporting
Cash Flow Management and forecasting
Bill-pay services
Household bookkeeping and reporting
Household payroll management
Trust & estate management
Family governance and education
Trustee services
Entity administration
Philanthropic management
Insurance and risk management
Tax preparation and administration
“Chief of staff” services
Balance sheet organization and asset maintenance
Comprehensive investment and balance sheet reporting