The Relationship Defined
- Your Concerns, Opportunities and Ideals are clarified in a complimentary meeting
- FA understands your situation & you understand how a Family Office works
- You see the benefits for your family and are excited to learn more
- We provide a customized proposal tailored to your Family which describes how FA can help – and the next steps
You have taken the first important step in a new direction
The Opportunity Map™
- Personal interviews with each family member define and refine family goals, values and lifestyle expectations.
- A comprehensive synopsis of your family financial situation, diagnosis of issues, and identification of opportunities is provided
- Together we identify and prioritize resources and opportunities, and set goals that are values based, family oriented and objective
Your Family vision is becoming clear, and FA is committed to help
The Family Vault ™
- Personalized Family Website created (Family Vault) with secure login
- Important documents (investment reports, financial plan, net worth, wills, powers of attorney, tax returns, insurance, trust deeds, corporate documents, etc.) gathered and centralized
- Contents monitored and updated on a regular basis – everything in one place when you need it… anywhere, anytime
Your administrative burden is reduced – things are getting organized
The Family Prosperity Plan
- Full Family Prosperity Plan developed with “long term” focus includes: Strategic Investment Plan, Tax Minimization Plan, Risk Management Plan and Estate Plan
- FA team proactively implementing all tasks, issues and opportunities on behalf of your family – giving a clear path to successful outcomes
- Wealth is preserved and maximized, cost and risks are minimized, and accountable benchmarks are set
You feel the momentum as immediate priorities are addressed
The Family Board of Advisors
- Family Advisory Board (FAB) formed with existing professional family advisors (e.g. lawyer, accountant, insurance provider) and additional best in class professionals as needed
- All parties are communicating, aligned and committed to work in your family’s best interest
- FA coordinates the FAB and is the centre point of communication and strategic oversight between your FAB and the family – bringing accountability to the results in a proactive fashion
You feel relief with an aligned team of experts focused on executing your plans
The Family Office Mandate
- Proactive and Integrated Financial Management: specific capital thresholds met and maintained through strategic personal, corporate, trust and estate strategies; local and international family tax reduction; and global investment management. Stay on target while responding to life’s challenges and changes.
- Execution and monitoring of disciplined investment strategy: comprehensive portfolio strategy design and risk overlay; independent, objective research and selection of best in class investment managers; cost reduction; consolidated multi-portfolio performance reporting; and benchmarking to your personal targets. Your assets are productive with best in class results and minimized costs.
- Family lifestyle concierge: accounting/bookkeeping; bill payments; mail collection; cash management and expense tracking; home office administration; tax, trust and estate compliance; property management. FA relieves your financial burdens.
Your “CFO team” protects your interests and you feel supported and informed as your life plan takes shape. FA “Manages the Process of Managing Wealth” and serves as your family wealth guardian
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about our services and process
The Family Office Solution
First Affiliated’s role in its work with clients is to provide integrated wealth management, preserve lifestyle and build legacies.
We believe that we must obtain an intimate, comprehensive knowledge of your family’s lifestyle goals (which may include helping you define what in fact they are), family dynamics, financial resources, risks, and opportunities through a carefully designed process.
This process helps us to create Your Family Prosperity Plan™ and communicate effectively with your advisor team.
Ultimately, we “quarterback” your family’s efforts over the long term towards the attainment of those goals with the support of your customized Family Office Mandate.