Private Wealth Management Group
(800) 585-9888
Family Office Services

The Morgans, Melons and Rockefellers didn’t take their financial affairs to a bank or brokerage. They employed a private FinancialTeam of experts to proactively research, negotiate and select financial opportunities across the globe that served the family’s best interest. This was the first official version of today’s “Family Office”.

Of course, not all affluent families are world famous. In fact, many don’t necessarily regard themselves as “wealthy” or feel the need for an entire Team of experts. But the cornerstone feature of a true Family Office, in a word, is “Trust”.

And everyone needs that. 

Today, families of all sizes have a private FinancialTeam of experts to serve the best interests and objectives of their family. The family confidently relies upon a collaboration of these best-and-brightest minds and their consensus-driven guidance for each financial decision the family makes - with absolute discretion.

With a dedicated team of experts standing at their front gate, the family is insulated from conflicts of interest and the constant barrage of sales pitches. They don't have to pay retail prices or make large purchases without professional research and negotiations. They employ sophisticated strategies to reduce risks, minimize taxes, and take shelter from financial predators. And they safely transition the family’s legacy and stewardship values to multiple generations of future children and grandchildren.

With a platform of savvy, modern-day technologies and a competent home office staff behind them, FirsTrust can advise and manage a family’s comprehensive financial assets, regardless of what they are (investment accounts, real estate, farms, art collections, etc.) or where they may be held (US or internationally). Plus, with consolidated, real-time data and customized reporting, each family can remain fully informed and track their performance against the family’s established benchmarks.

FIRSTRUST FAMILY OFFICE SERVICES

Systems and Operations                                 Family Advisory

Chief Operations Manager on staff                         Comprehensive Financial Planning

Investment account data aggregation                    Plan implementation and monitoring

Consolidated account reporting                              Family Governance & Education

Cash flow analysis and tax reporting                      Multi-Generational Legacy planning

Simplified Tax reporting                                            Estate & Tax management

Secured on-line document storage

 

Investment Management                               Financial Information Security

Chartered Financial Analyst (CFA) on staff             IT Systems Expert on staff

Investment strategy and oversight                         Cyber Security Information Management

Sub-Advisor portfolio review services                    Written & Updated Policies & Procedures

Collaborative Portfolio Construction                      System Encryption Protocols

Investment Committee Participation                     Data firewall security

Investment Policy Statement Guidance                 Systems Risk Management Guidance

Proxy Voting Protocol Maintenance

Client Portfolio Risk Analysis System

 
 

Regulatory Compliance (Multi-Family Office)

Compliance Officer on staff

SEC compliant protocol maintenance

Disaster Recovery Plan

Confidentiality Agreements

Written & Updated Policies & Procedures