Family Offices

Family‚Äč

A family office is a private wealth management firm that provides comprehensive financial services and advice to high-net-worth individuals or families. It acts as a centralized hub for managing the financial affairs and investments of the family, with the aim of preserving and growing their wealth for current and future generations. We can structure our services to cater for the size of the family’s wealth and their specific requirements.

What Fortress Family Office Offers

Holistic Financial Management

At Fortress we assess the family's current financial situation, identify their financial goals and objectives, and create comprehensive strategies to achieve them. This includes investment management, tax planning, estate planning, and risk management.

01

Financial Reporting & Consolidation

Family offices provide regular financial reporting to keep the family informed about the performance of their investments and overall financial position. They consolidate various financial statements, tax filings, and other relevant documents to provide a holistic view of the family's wealth.

02

Family
Governance

Family offices assist in establishing governance structures and processes to facilitate decision-making within the family. We help develop family constitutions, establish family councils, and provide guidance on issues related to succession planning.

03

Lifestyle
Management

Family offices often assist with personal matters such as bill payments, budgeting, asset protection, and concierge services. They can also coordinate with external advisors, attorneys, accountants, and other professionals on behalf of the family.

04

The Benefits of a Family Office

  1. Comprehensive Expertise: Family offices provide access to a team of professionals with expertise in various financial disciplines. This ensures that the family receives comprehensive and coordinated advice across all financial matters.
  2. Customized Solutions: Family offices tailor their services to meet the specific needs and goals of the family. They consider the family’s values, objectives, and risk tolerance to create personalized strategies.
  3. Time-saving: By outsourcing financial management responsibilities to a family office, wealthy families can save time and effort. The family office handles various administrative tasks, allowing the family members to focus on their core interests and personal pursuits.
  4. Enhanced Access and Opportunities: With their extensive network and industry connections, family offices can provide access to unique investment opportunities, professional relationships, and exclusive services that may not be readily available to individual investors.
  5. Privacy and Confidentiality: Family offices prioritize privacy and confidentiality, safeguarding the family’s financial information and ensuring discretion in all their dealings.