List of Family Office Services

Some family offices offer strictly strategic and investment services while others offer everything from strategic philanthropy to convenience services. Below is a list of family office services that are commonly provided. 

For more details, see the FOX Guide to the Professional Family Office.


List of Family Office Services

Investment Strategy and Implementation 

  • Investment policy development 
  • Asset allocation plan development
  • Investment managers selection
  • Investment vehicle structures 
  • In-house portfolio management
  • Custodial oversight
  • Core asset class oversight
  • Alternative asset class oversight 
  • Special asset class research
  • Allocation and rebalancing oversight

Integrated Financial Strategies

  • Balance sheet analysis
  • Integrated tax and income plan design
  • Retirement planning
  • Analysis of professional advisors and fees
  • Tax and income plan implementation
  • Bank financing analysis and negotiations
  • Coordination of team of advisors 

Client Information Management

  • Annual consolidated net worth statements
  • Cash flow analysis
  • Quarterly investment performance reports
  • Quarterly investment partnership accounting
  • Monthly entity accounting and reporting
  • Annual status reports compared to plan
  • Online access to custom reports
  • Recordkeeping for personal property 

Wealth Transfer Planning 

  • Development of objectives 
  • Multi-generational snapshot of existing strategies
  • Legal and tax strategies under consideration
  • Financial modeling of alternative strategies
  • Explanation of plans to owners
  • Action plan to implement changes 

Trusteeship Services

  • Trustee fiduciary services 
  • Agent for trustee compliance
  • Investment and beneficiary education
  • Advice on distributive duties
  • Cost analysis and negotiation of trustee fees
  • Selection and training of trustees and protectors
  • Beneficiary education and mentoring
  • Estate administration 

Liability Management 

  • Trustee liability audit
  • Property and casualty insurance assessment 
  • Life insurance analysis
  • Specialty practice lines of insurance
  • Personal security
  • Collectibles inventory, appraisal, and protection 
  • Carrier solvency reporting 

Lifestyle Enhancements

  • Personal bill paying
  • Domestic help and payroll
  • Tax compliance
  • Property management
  • Cash flow management and forecasting
  • Private travel management
  • Aircraft / watercraft management
  • Concierge services

Family Continuity/Client Education

  • Family governance
  • Family education plan
  • Family meeting coordination
  • Family news communication plan
  • Leadership training
  • Career planning
  • Coaching and mentoring

Family Philanthropy

  • Multi-generational objectives
  • Personal giving programs
  • Foundation trustee training
  • Private foundation management
  • Governance and board development
  • Strategy analysis and implementation
  • Foundation and grant administration