Helping high-net-worth families, single family offices and multi-family offices, in accessing and implementing best-in-class planning advice in a conflict-free, coordinated, comprehensive and cost-efficient manner.
Providing families and family offices with comprehensive, conflict-free, proactive planning advice and guidance. From advanced estate planning to life insurance solutions, aircraft structuring to private trust company creation, we have the experience and expertise to help ensure optimal outcomes in a cost and time efficient manner. With no products to sell, our sole focus is the families and institutions we assist and the advice we provide.
Planning Advisory Services
High-Net-Worth Families
Today’s high-net-worth families have complicated, ever-changing lives, and often the family is a “business” in itself. These families are often served by a number of professionals including attorneys, accountants, financial advisors, insurance advisors and others, each playing an important role, however there are limitations in what they do and how they do it.
PAS helps families run the “family business” (i.e., the business of managing family wealth and planning), ensuring that planning undertaken and advisors assisting is coordinated, comprehensive and current. PAS advises across all of a family’s households and removes geographical barriers. This results in families receiving the best-in-class advice and advisors, in a coordinated, comprehensive and cost-efficient manner.
Multi-Family Office (MFO) Services
Receiving planning services has become the top request for today’s high-net-worth families. RIAs, MFOs, and other financial and investment firms are constantly being asked by their clients to assist from tax planning to estate planning. Many firms struggle to truly deliver best-in-class advice to their clients. The result is client attrition as high-net-worth families look elsewhere to receive these services.
PAS assists firms with creating a true Multi-Family Office service offering and delivering services that clients are seeking. From Multi-Family Office design to back-office resource, PAS can tailor a program to meet the specific needs of your firm and your clients.
Single Family Office (SFO) Services
SFOs manage and coordinate the complicated, ever-changing lives of the wealthiest families. Often they have deep expertise in the family business, investments and administration, with many having other expertise such as tax, reporting, insurance, etc. They also are generally served by many outside advisors including attorneys, accountants and financial advisors. All these moving parts independent advisors, coupled generally with understaffed offices, create many gaps, missed opportunities, increased costs and suboptimal outcomes.
PAS assists SFOs in many ways. From helping structure, implement and staff a new starting office to modernizing existing family offices to providing specific services where a gap might exist, PAS advisors have broad and deep expertise in assisting today’s SFOs. Whether engaging PAS to assist in building your family office or as your SFO’s outsource chief planning officer, PAS can help ensure a your SFO will be well-constructed, expertly ran, and best-in-class.