Family Office Services
What is a Family Office?
A Family Office is an organization dedicated to the management of the overall financial, business, and philanthropic activities of one or more generations of a particular family. Family Office responsibilities typically vary based upon need and family structure, but entail several key functions of family wealth management, including: accounting functions, tax planning and compliance, investment management and reporting, fiduciary management, family governance, philanthropy support, property and aircraft management, business consulting and succession planning services, as well as a host of other banking and fiscal duties.
Multi-Generational Families Empowered by Key Family Wealth
At Key Family Wealth, we're here to help you realize your vision—for you, your loved ones and for the impact you would like to have on this world.
Preserving multiple generations of ultra-affluence requires sophisticated strategies that will help you grow, retain and protect your family's wealth. This will also help your children and grandchildren fulfill their full potential and leave an indelible imprint on the communities in which they live.
Through insightful planning that is uniquely tailored to your situation and guidance from a dedicated advisory team, our family office services provide you and your family with the security of knowing your values will be upheld, generation after generation.
The Key Family Wealth Difference
Our experience and expertise have allowed us to serve families like yours over many generations.
We start every relationship by ensuring we understand you, your goals, and your unique complexities and situation, then work hand-in-hand toward your success.
Families’ priorities can change over time – that’s why we help you adjust your financial plans to meet both your short- and long-term goals.
With an average tenure of 22 years, our financial advisers have deep industry knowledge, making a big difference in how we work and what we can do for your family.
Broad wealth management capabilities for families and businesses
Key’s expertise in both commercial and family office wealth management can provide the right product for any need. Your dedicated team seamlessly bridges the gap between personal and commercial needs.
- Family office services
- Investment services
- Trust & estate administration
- Optimize working capital
- Capital solutions
- Acquisition ideas
- Customized leasing
- Real estate solutions
- Traditional banking & credit products
- Solutions for business owners
Family Office Services
Our Key Family Wealth team can serve as your family office, or supplement your existing family office by providing:
- Consulting Services
At Key Family Wealth, we develop strategies to help your family maximize the after-tax value of both your business and your personal wealth across generations. Our team works closely with your attorney, accountant and other advisors to implement appropriate strategies and coordinate your family’s entire financial picture. Consulting services include:
- Family business advisory services
- Wealth transfer planning
- Strategic tax advisory services
- Philanthropic and charitable giving
- Legacy Planning
Key Family Legacy Day can be the beginning of your family’s journey toward keeping your family’s wealth and unity intact for generations. During Key Family Legacy Day your family will define its purpose, learn the various leadership and communication styles of each member and how to enhance their communication, identify areas of common vision, and set priorities for the future. The day includes educational sessions and group exercises facilitated by Key Family Wealth professionals. The family will create an action plan, including philanthropic and educational elements, which will help your family achieve its mission and sustain its wealth for many generations.
- Education Services
Understanding starts with education, and all generations play a role in the successful management and continuation of a family’s wealth. No matter what their age, experience and knowledge are both critical factors in preparing heirs to effectively contribute to the family mission. An important element of preparing your children for their future is a solid understanding of basic financial concepts.
Key Family Wealth provides the tools and services to educate your family members and future generations on the fundamentals of banking, investments and trusts. Interactive personal finance courses are offered at appropriate levels for all ages in the family, from grade school and high school through college and adulthood.
- Family Foundation Services
Family foundations are important in building a stronger family with a unified vision. Through a private foundation, families can give back, helping out the people, institutions and communities they care about. Family foundations often serve as the glue that holds together geographically dispersed family members and creates a forum where different generations can work together toward common goals. Key Family Wealth has aligned with an industry leader of foundation services to provide a fully integrated, turnkey solution to private foundations.
- Accounting Support
Key Family Wealth’s integrated accounting services help to simplify the complexity of your family enterprise by acting as your family’s chief financial officer. We provide office services such as general bookkeeping, bill payments, cash management, fixed-asset management and basis management. We also offer full payroll services as well as individual business or fiduciary tax services and tax projections.