Family Advisory Services

Family Advisory Services (FAS) has reinvented the delivery of wealth management services to the UHNW and has designed a comprehensive offering for financial service firms that will address these challenges and allow them to profitably take advantage of the opportunity in this space. The FAS offering includes:

  • Strategic Consulting Services
  • Outsourced Solutions
  • Marketing and Sales Plan Development and Management
  • Client Education and Training Programs for Client Advisors
  • Implementation and On-Going Support Services

Strategic Consulting Services

FAS will assist clients with their strategic and operational questions and address the challenges they face relating to their existing wealth and asset management business and/or their longer-term aspirations relating to serving new client segments (i.e. UHNW Families, Private Business Owners, Family Offices).

FAS can provide a comprehensive customized solution for the firm or the following services can be used individually:

  • Corporate Strategy and Planning
  • Organizational Design
  • Leadership Assessment and Development
  • Client and Market Strategy
  • Growth Strategy
  • Marketing Growth Strategy
  • Client Experience
  • Sales and Marketing Excellence
  • Mergers and Acquisitions
  • Technology, Reporting and Security: Elegant Customizable Reporting, Asset Aggregation and Security, Privacy, Control, Mobile-First Interfaces and Organization
  • Business/Functional Process Improvement
  • Talent Acquisition and Development
  • Budgeting and Financial Projections
  • Pricing and Profitability Management
  • Benchmarking

Additionally, FAS subject matter experts will consult on the following disciplines and/or functions:

  • Investment Consulting and Management
  • Strategic Philanthropy
  • Risk Management
  • Financial Management Services
  • Family Office Consulting
  • Privately Held and Family Business Consulting
  • Family Governance and Dynamics
  • Trust Services
  • Wealth Strategies – Financial, Estate and Tax Planning
  • Investment Operations

Outsourced Solutions

Financial service firms can also leverage the comprehensive FAS outsourced offering, which is turnkey, can be private labeled and includes our Strategic Family & Business Enterprise Planning and Implementation Process that fully integrates the following advisory services:

  • Wealth Planning and Structuring
  • Family Dynamics and Governance
  • Family Education
  • Private Business Owner
  • Philanthropy and Purpose Investments
  • Family Office

Implementation and Ongoing Support

FAS will provide a full complement of implementation and support services that prepare your organization for success and help to drive incremental revenues and the growth of your firm in the ultra-high-net worth space.

The process starts with strategic consulting and a comprehensive assessment of your organization, in order to develop the most effective delivery model recommendations. The Family Advisory Services Group then partners with you to develop an appropriate growth strategy that can include:

  • A Customized Sales and Marketing Plan
  • Advisor Education
  • Sales Training and Tools
  • Sales Management Policies and Procedures
  • A Service Level Agreement that will monitor client satisfaction and progress against goals

Our Professionals

The professionals of Family Advisory Services have extensive expertise and experience in the financial services industry, professional services industry and the private family wealth market. These individuals have worked for some of the largest financial and professional services firms and they have a proven track record of designing, building, growing and managing multi-family offices, and wealth and asset management firms globally. They also have directly consulted to and understand the unique needs of affluent, high net-worth and ultra-high-net worth individuals, families and family offices.

Our Advantage

Our strategic consulting and outsourced solutions are comprehensive and customizable and will allow financial service firms to:

  • Take advantage of the significant opportunity in the UHNW space
  • Enhance the “Client Experience”
  • Retain or expand existing client relationships
  • Engage the next generation
  • Enhance their marketing and business development efforts
  • Drive incremental revenues.