Wealth Administration & Coordination
As a cornerstone of our Family Office approach, wealth administration is the infrastructure that connects strategy to execution. It ensures that investment and planning decisions are not only well-designed but also effectively carried across accounts, entities, professionals, and obligations. In many cases, we serve as an extension of the family's financial leadership, providing the coordination and oversight needed to keep complex financial lives running smoothly.
As Complexity Increases, Coordination Becomes Essential
As wealth grows, financial lives often span multiple accounts, entities, advisors, and legal structures. Without consistent coordination, even well-crafted strategies can stall, accounts may not be retitled, trusts may go unfunded, and financial activity may fall out of alignment with the broader plan. We help ensure that doesn't happen.
How We Approach Wealth Administration & Coordination
Coordination Across Accounts, Entities, and Advisors
We coordinate across the full scope of a client's financial life, including accounts, trusts, charitable structures, attorneys, CPAs, and other professionals, to ensure alignment and continuity. This is often where the value of a Family Office approach becomes most tangible.
Includes:
- Coordination across accounts, entities, and external advisors
- Alignment of activity across legal, tax, and financial frameworks
- Ongoing communication with outside professionals
- Continuity of oversight as relationships and structures evolve
- Oversight and administration of trust and fiduciary structures
Execution Aligned with Strategy
We support the execution of financial activities in alignment with planning and investment decisions, helping ensure that strategies are not just designed, but implemented. This includes ensuring that account titling, funding, and administrative steps reflect current planning.
Includes:
- Execution of financial activities aligned with overall strategy
- Account titling and funding aligned with estate and trust planning
- Implementation support following planning or structural changes
- Ongoing follow-through to ensure decisions are carried out
Oversight of Cash Flow, Expenses, and Financial Operations
We provide oversight of ongoing financial operations, including cash flow needs, financial obligations, and day-to-day financial activity, helping simplify and streamline responsibilities that can otherwise become burdensome.
Includes:
- Oversight of cash flow and ongoing financial obligations
- Support for expense management and financial operations
- Management of payments and financial commitments, including bill pay with customizable reporting and approvals where applicable*
- Administrative support for complex structures and family loans
*Certain administrative capabilities, including bill pay, may be available for an additional fee.
Integrated Data and Reporting
Many families come to us to manage statements from multiple custodians, managers, and accounts, often tracked in complicated spreadsheets or disconnected systems. We bring all this together into a consolidated view, covering public and private investments, liquid and illiquid holdings, contributions, and distributions, accessible online or in printed reports.
Includes:
- Consolidated reporting across all investment assets, regardless of the manager
- Integration of data from multiple custodians and platforms
- Tracking of public and private investments, liquid and illiquid holdings, contributions, and distributions
- Reporting accessible online or in printed format
- Organized, accessible financial records and documentation
What This Approach Provides
- Greater clarity and follow-through on financial decisions
- Connectivity across advisors, entities, and structures, not just accounts
- Confidence that strategies are being implemented, not just planned
- Reduced administrative burden on the family
- A consolidated, accessible view of your complete financial picture across all accounts, managers, and investments
Part of a Coordinated Family Office Approach
Wealth Administration & Coordination is one of four integrated cornerstones. Multigenerational Investment Management, Strategic Planning, and Family Engagement work alongside your administrative and coordination framework to provide a complete, connected view of your financial life.