Family Office Services
For select families who seek a deeper, more comprehensive approach to managing their wealth across generations.
HB Wealth's family office services take our trusted advisory model to the next level though a personalized experience for select families who seek a more comprehensive approach to managing their wealth across generations.
We understand that substantial wealth brings both opportunity and complexity. Our role is to simplify your financial life to ensure that every detail is handled with care and precision. You no longer need to wonder if something’s falling through the cracks. We can become the leader of your extended financial team, working with your other trusted advisors and family staff.
HB Wealth offers specialized, expert teams who have managed family offices and worked with family office clients for many years. Even with this expertise, we understand that each family office client is unique and we personalize our services and relationship to fit your needs.
HB Wealth’s Family Office Services Offer Clear Advantages
Fee-Only Fiduciary Commitment
Unlike many firms, HB Wealth operates as an independent fee-only fiduciary. We are not focused on gathering your assets or selling you products. We offer flexible fee approaches for our family office clients that do not have to be based on assets under management. Our agenda is trying to help families get the best return for their investments in all aspects of their financial life.
Consolidated Reporting
Most new family office clients come to us with stacks of statements across multiple managers and sometimes complicated spreadsheets that attempt to keep track of it all. We can bring everything together for you with a comprehensive report of all your investment assets, regardless of manager. We can track public and private investments, liquid and illiquid, contributions and distributions, in a simple reporting system that you can view online or in printed reports.
Private Market Expertise
Many family office clients take advantage of opportunities in private equity, private debt, and private real estate. HB Wealth has over 30 years of alternative investment experience and a dedicated in-house research team that thoroughly vets private market opportunities and selects managers we believe have the greatest potential to generate strong risk-adjusted returns for our clients. In addition, we are happy to vet outside investment opportunities that have been presented to your family. We can help you make decisions with confidence, and equally importantly, say “no” when the fit isn’t right.*
Administrative Services
Our family office clients enjoy a level of service that allows them to spend less time on paperwork and more time enjoying their wealth and life. For those who choose to add it, we can provide bill pay services with customizable reporting and approvals for an additional fee.
Generational Guidance and Family Governance
We provide thoughtful guidance around family education, legacy conversations, and long-term planning to help guide children and grandchildren to make wise decisions regarding their wealth. From structuring and facilitating constructive family meetings to building a common vision, we can help you cultivate financial responsibility and shared values across generations.
Multi-Family Office Scale. Single-Family Office Care.
HB Wealth's family office services can bring you the advantages of a dedicated family office, including the collaborative expertise of our specialist family office teams, without the burden or expense of building and managing one yourself. Our wealth strategists are on hand to guide your estate planning and multi-generational needs, and our advanced tax planning strategists can help with income and transfer tax guidance. Benefit from economies of scale while experiencing a concierge-level service that feels like your own dedicated family office.
Estate and Trust Guidance Off the Clock
Our dedicated, full-time wealth strategists are former estate planning attorneys who can help you navigate complex trust and estate issues without racking up billable hours. From trustee selection to distribution structures to visualizing how wealth flows across generations, we bring clarity to the conversation and act as a true partner to your legal team as your plans evolve.
Philanthropy That Reflects Your Values
Family office clients often have a keen interest in giving back and their level of wealth allows them to make significant gifts or even consider a private foundation. HB Wealth helps families assess their options, navigate major gift discussions, and manage the philanthropy process aligned with the mission, vision, and values of the family.
*Past performance is not a guarantee of future results for any investment. Private alternative investments are not for every client. An individual must be qualified to invest in a private investment based on their net worth and/or other criteria, and they may qualify to invest in some alternative investments while not be allowed to invest in other alternative investments. Alternative investments are not risk-free and there is no guarantee of achieving attractive performance compared to similar liquid investments. This material is not a recommendation, offer or solicitation to sell or purchase any security, and individuals should consult their own advisers before making any investment decisions. All investing involves risk.