Family Office
The idea behind a Family Office is to give legal, financial and professional management structure and direction to the Family’s wealth and relationships among its members.
The ultimate objective is the preservation, increase and right administration of the Family’s assets for future generations.
Guarantee not only the increase and preservation of family heritage in the short, medium and long term, but also the implementation of an optimal family government policy that facilitates and regulates the decision-making process.
"Our integral approach to Family Office starts from identifying family objectives to build tailored solution"
Tatiana Mendoza.
Strategic , Regulatory & Marketing Consultant.
Undertake YOUR Challenges
- Family objectives
- Family Corporation
- Family governance, processes and protocol
- Wealth & Succession structuring, plan and management
- Wealth Building support
OUR SCOPE
Financial & Wealth Management Office (Personal, Family or Company): CFO
DAY TO DAY FINANCES
Lifestyle, Household & Liquid Assets Management
- Budgeting
- Liquidity & expense management
- Bill payment
- Collectibles
- Lifestyle arrangements
- Security management
MID-TERM FINANCES
Financial Planning & Reporting
- Accounting
- Taxes
- Financial Reporting
- Financial strategy & administration
LONG-TERM FINANCES
Wealth Management
- Asset management
- Succession, retirement and legacy planning
- Trust management
- Philanthropic management
Advisory Office (Personal, Family or Company): CEO
Brand & Reputation Management
- Branding development & management
- Reputation planning & management
- Philanthropic agenda
Family or Ecosystem Relationship Management
- Family governance
- Decision making processes
- Meeting facilitation
Business Consulting
- Projects evaluation
- Business Plan development
- Management consulting
Legal & Insurance Services
- Individual, family & company legal support
- Insurance strategy and management
OUR APPROACH
Understanding of Family objectives
DAVOS Group team gather information to review
Legal Structure
- List of legal entities and assets
- Company constitution documents
- Property documentation
- Company purpose description
- Directors, shareholders
- Organizational structure
Financial Structure
- Financial Statements (L3Y) - Legal entities
- Income tax return (entities and members)
- Bank statements (entities and members)
- Loans or notes
Insurances
List of current advisors to be conducted:
- Members profile questionnaire
- Objective-Priorities-Risks-Pain point interview (5)
Strategy Development
- Internal multi-functional team review legal, financial and family structure, roles and needs
- Meeting (s) with family to define strategy and family office proposal
- Feedback and final proposal
Execution
- Identification and recruitment of dedicated and in-and-out resources
- Training when needed
- Set-up of objectives
- Set-up of initiatives and processes with family members
