Family Office

Time well spent, success well earned. Together, let's define where your wealth meets your purpose.

We are a multi-family office.

We can support families in all of their financial needs, from the administrative burdens of daily life to the most sophisticated planning and execution. Our client families typically have investible wealth and heightened financial complexity as a result of business ownership, private or alternative investments, generational wealth planning, philanthropic endeavors and maintaining compliance with tax laws. 

When we manage your assets, we take the following investment approach.

Our experience includes managing your wealth, estate and income tax planning, family education, philanthropy, cash flow planning and risk management. Many of Graypoint’s Family Office advisors are attorneys, CPAs, CFAs and CFPs by background. Each Family Office advisor and team counsels between 8–12 families, serving as a trusted partner.

Your family will gain an engaged advisor with deep resources and a passion to serve you. 

Key Considerations When Hiring a Family Office

We believe the family office of the future plays a much larger role beyond managing a family’s balance sheet. 

Financial Complexity
  • Does the portfolio include private investments?
  • Do you rely upon outside staff to assist your household (e.g. childcare, property management, etc.)?
  • Is your tax planning keeping pace with the rest of your financial life?
  • Has your family taken appropriate measures to protect themselves from various risks, including cyber/technology, legal and insurance?
  • What is the size of your family’s wealth?
  • Have you recently experienced, or are you planning for, a significant wealth event, such as selling a business, planning for an inheritance or retirement? 
  • Are all aspects of your wealth being appropriately planned for and coordinated across all of your advisors?
  • How are financial decisions made and who bears responsibility as the gatekeeper? Is there a continuity plan? 
  • Are your spouse and/or children aware of the family’s finances? 
  • Who will step in?

Meeting The Complex Needs Of Today's Family

Your family is unique. Every relationship is fully tailored.

Multi-generational family wealth

Seeking a dedicated team to support the family in all their financial needs
The Rosewood Family has multi-generational wealth. Between operating a successful business, succession planning and leaving a legacy for descendants and the community, the family faces significant financial decisions. Tax consequences surrounding any decisions also weigh heavily. They really need a Family Office team to manage the financial complexity of the family.
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Services and Components

Family Office Services

Services from Graypoint’s Family Office advisors are based on trust, both with the advisors and within a client family. Our dedication will ensure that all parties are on the same page regarding planning, giving and preserving your legacy. Our services are highly tailored to every family.
 
Contact us to discuss your Family Office needs.

Family Financial Education and Coordination

  • Work with your adult children to see that they are organized and utilizing appropriate techniques
  • Organize family meetings to educate members of your family and to ensure collegiality and cooperation among the generations
  • Ensure that all members of your family are acting in concert regarding their planning while respecting confidentiality

Estate Planning

  • Review estate documents
  • Recommend improvements to the plan
  • Assist with coordinating and updating beneficiary designations and asset titling
  • Advise on strategies pertaining to federal and state estate tax rules
  • Monitor and recommend changes in conjunction with your attorney as circumstances change
  • Prepare an estate distribution flowchart
  • Prepare an estate liquidity analysis and make recommendations

Investment Planning

  • Manage your portfolio on a discretionary basis or as an investment consultant
  • Develop strategic recommendations regarding the construction of your portfolio
  • Select appropriate investment strategies and managers from an open architecture platform
  • Monitor and report on investment performance and asset allocation
  • Provide a holistic review of total asset base
  • Advise on appropriate ownership and titling of investments
  • Coordinate paperwork

Income Tax Planning

  • Facilitate the preparation of tax returns for you and your entities, either by working with your accountant or through a preferred provider within Graypoint’s network
  • Prepare periodic income tax projections, offering tax planning advice and calculating estimated tax payments
  • Account for reportable transactions and help you meet US reporting requirements for foreign transactions
  • Incorporate stock vesting into overall tax planning, including withholding and basis tracking
  • Coordinate your charitable giving to identify tax efficiencies

Cash Flow Planning and Bill Payment

  • Develop a cash flow summary and prepare an annual budget for individuals and entities
  • Coordinate all major cash transactions
  • Pay all bills and provide periodic activity reports and bank reconciliations for monitored accounts, provided on an agreed basis
  • Coordinate private investment capital calls and distributions

Insurance Planning

  • Review existing insurance including health, life, auto, home, umbrella, disability and long-term care insurance
  • Evaluate the sufficiency of coverage
  • Assess the adequacy of liquidity to meet anticipated and potential cash obligations
  • Identify gaps in coverage to further mitigate risks

Family Philanthropy

  • Coordinate your charitable giving
  • Identify tax-efficient assets for donation
  • Maintain records and tax returns for your private foundation
  • Track ongoing gifting on a year-over-year basis
  • Involve and educate the next generation in philanthropy

The best advice requires tailored implementation.

Graypoint's investment knowledge and experience are the foundation for our holistic approach to managing your wealth.