Multi-Family Office Support
Multi-Family Office Support
Being the stewards of your family’s wealth is an extremely important responsibility that often requires a significant amount of time and an extensive array of financial and management acumen. For some families, the details related to managing the family’s accumulated wealth has grown to be an overwhelming responsibility – a responsibility that takes time and attention away from other business, personal or philanthropic endeavors.
The wealthiest families often have family offices of their own with a complete staff to handle accounting, tax, wealth management and governance functions for the family. However, the cost involved and, in some instances, the expertise needed creates a challenge for many other families.
Now, families have another option – a name that’s been known and trusted for over 60 years – Kraft.
Working together, Kraft Asset Management (KAM) and KraftCPAs* can provide an outsourced solution that’s flexible, affordable and focused on your family’s needs. There is no “one size fits all” approach to our multi-family office support. We design a blend of services that is tailored to match the specific needs of each particular family.
Benefits Of Outsourcing
Kraft provides the best of both worlds – national and international resources typical of a “Big 4" accounting firm, along with the personal service, flexibility and fee structure of a local firm.
Expertise
The range of services and depth of expertise available through Kraft and its 200 employees far exceeds what one or two in-house employees could provide for the family.
Cost Savings
Because we can replace or augment a variety of individual providers, outsourcing to Kraft can provide cost-savings for the family and increase the ease of doing business.
Quality
As a certified public accounting firm, KraftCPAs adheres to the highest standards of quality control, client privacy and confidentiality. We are our clients' trusted advisors.
Client Focused
KAM is a registered investment advisor, so we have a fiduciary responsibility to act in the best interest of our clients. At KAM, "putting clients first" is not a catchy tagline.
Multi-Family Office Services
- strategic wealth management
- investment planning
- portfolio design
- data aggregation
- performance monitoring/reporting
- periodic rebalancing
- cash flow management
- tax planning and compliance
- estate planning
- retirement planning
- gift tax planning
- accounting and reporting**
- bookkeeping/bill paying
- household payroll
- financial statements
- electronic document storage and management
- family governance
- risk management
- charitable giving planning and management
- coordination of family's team of professional advisors
