Business acumen may create wealth, but prudent investment is required to maintain it, let alone make it grow.
Piece By Piece
As you grow you collect; sometimes family, sometimes things, hobbies and pursuits- taking care of everything and everyone can become a challenge. Outsource the important parts of your life to specialists for peace of mind and ensure that everything and everyone is taken care of.
Specialists
We do not know everything. We try, but know when somebody else possesses the expertise that we need and we’re wise enough to ask for help when we need it. Leverage our in-house knowledge and experience, and our worldwide industry contacts to get the best for yourself and your family.
Advisory Service Overview
Our in-house advisers and external best-in-class service provider partners give our clients an edge in various arenas.
- Ensure the physical security, privacy and longevity of clients and their families
- Provide strategic business insight based on hands-on experience and case studies
- Introduce wealth planning and succession planning techniques utilised by other successful families
- Act as the project manager for your lifestyle presiding and coordinating client financial, business and personal affairs
- Provide constant contact to a reliable, dedicated source for unbiased, accurate advice and counsel
Our main engagement us typically with the founding person or “Principal”. Our advisory service is different things to different people and the scope is often broad. This aspect of service is often deeply personal and made possible by deep mutual trust and understanding. Throughout the year we will normally advise the Principal on various personal concerns and objectives as relate to him or her personally, other family members, and their role within their business.
Clients are normally involved in one, or many lines of business. Family enterprise advisory serves to optimise operating performance of these entities on a standalone basis, and facilitate ease of management at group level.
This may be providing advisory services directly as requested by family or staff members themselves, or providing advice and consultation as directed by the Principal to facilitate his or her vision and objectives.
Service Areas
Clients like insurance because it protects what they love. Economic citizenship and residency programs, sometimes referred to as ‘second flag’ programs, enable clients to attain residency, permanent residency or nationality (passports) via investment or donation. For some clients this means increased ease of visa-free travel, for others it means tax neutrality and for some it means safety from physical harm, oppression or misappropriation of their wealth.
We cover the various benefits of philanthropic activities and charity in our library works. Philanthropic planning bears many similarities with corporate planning, only in this instance we seek to maximize our bottom line for the benefit of others. There are many rules and regulations to be adhered to, but a prudent tax strategist can enable their client to be generous with money that would otherwise have been donated to the tax authority. There may also be deductions available to reduce taxes payable elsewhere.
When it is not possible to have privacy, in its place you must have control. Working with a PR and reputation management strategist will ensure that you are represented to the outside world in a way which is equitable and representative of you and your business.
If you have something valuable there is likely somebody that wants to take it from you, given half the chance. We start with the things that cannot be replaced- family members, heirlooms and artefacts, and then work our way down the asset list.
Given how much of our lives now occur online it is no surprise that we create new vectors of attack for malicious third parties and bad actors. Cybersecurity measures are not just for tech companies and computer engineers. As clients commonly use numerous online services, all of which are interconnected via personal devices and email accounts, it is critically important to ensure that you and your online properties remain uncompromised.
Good opinions are worth paying for. We coordinate with legal to ensure that clients are compliant and acting in the spirit of the law in all of their endeavors. This commonly involves dealing with cross-border situations whereby more than one legal system and set of rules is in play at the same time.
If education was not instrumental in your own success, it most certainly will be in maintaining it across future generations of your family and business. We create and administer curriculum for clients, their family members, and the emerging generation, to ensure that the wishes and ethos of the Principal can be continued.
Clients will naturally transition from accumulation to distribution over time. Succession planning can sometimes be complex and technical, but provides a clear and simple benefit- being able to give more of what you have to those who you want to receive it. This is a topic that we cover extensively in our Wealth Wiki.
Staffing and human capital management advisory ensures that you have the right people working for you. Whether this be personal staff, or employees at the family enterprise. We handle due-diligence, screening, interviewing and testing, onboarding, training and education all the way through to dismissal and debriefing.
Our clients operate at high levels in a variety of industries. Leverage our experience and insights in working with successful enterprises to take your company to the next level.
Aggregating and reporting existing accounts across different providers and institutions in different countries can be a laborious and time consuming task. Allow us to simplify and optimise with our coordination service.