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UNDERSTANDING THE STRUCTURE OF A FAMILY OFFICE - CONTINUED                     UNDERSTANDING THE STRUCTURE OF A FAMILY OFFICE - CONTINUED

























                                                                                        5.          CONCIERGE & LIFESTYLE MANAGEMENT SERVICES
                                                                                       Beyond financial oversight, a modern family office often acts as a concierge service,
                                                                                       assisting families with the complexities of their personal and professional lives. These
                                                                                       services may include:
                                                                                       ►  Bill Pay & Cash Flow Management –  Managing  financial  obligations  such  as
        It is important to prepare for the certainty of uncertainty. By carefully analyzing risk
        exposure, the family office can effectively design insurance solutions that protect assets,   mortgages, staff salaries, and household expenses
        mitigate liabilities, ensure seamless generational wealth transfer, and potentially support   ►  Private Aviation & Travel Planning – Coordinating private jets, securing exclusive
        efficient wealth growth.                                                          travel arrangements, and handling logistics
                                                                                       ►  Real Estate Management – Overseeing property acquisition, sales, and maintenance of
        4.                  BUSINESS ADVISORY SUPPORT                                     luxury homes and vacation properties
        Many high-net-worth families are also business owners, and their family office must be   ►  Education Planning – Helping families find the best schools and universities for their
        equipped to support business strategy, succession planning, and financial oversight. A   children, as well as structuring education trusts
        well-structured family office can:                                             ►  Philanthropy & Impact Investing –  Assisting  with  the  establishment  of  charitable
        ►  Provide strategic business advisory services for growth, acquisitions, and divestitures  foundations, donor-advised funds, and socially responsible investments
        ►  Assist with succession planning to transition leadership within a family-owned business  A well-structured family office becomes a trusted partner in all aspects of a family’s life,
        ►  Offer cash flow management, financial reporting, and corporate governance support  handling everything from day-to-day financial operations to long-term legacy planning.
        ►  Develop  tax-efficient  business  structures  that  align  with  personal  and  family  wealth
           objectives                                                                                          WHY A FAMILY OFFICE?
                                                                                       For affluent families, managing wealth is not just about maximizing returns—it’s about
        Your advisors should work closely with business owners to ensure their family’s personal
        and professional wealth strategies align. Whether planning for an exit strategy, managing   preserving  and  growing  wealth  in  alignment  with  family  values  and  goals. A  family
        business  risk,  or  overseeing  financial  reporting,  they  should  provide  the  expertise   office serves as a centralized, integrated team of professionals that ensures all aspects of
        necessary to optimize business and personal financial success.                 financial, tax, legal, and lifestyle management working together seamlessly.




                                                                                                                                      EVAN S. BRANFMAN
                                                                                                                          CFS®, CAS®, CRPCTM, APMATM, AWMATM, CRPSTM
                                                                                                                                        PRIVATE WEALTH ADVISOR
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