A family office manages the investments and trusts for wealthy families. The first noteworthy family offices were formed in the United States during the late 19th and early 20th century as a result of the tremendous wealth created during the Industrial Revolution. Four of the most well known of these are the Robert Pitcairn, John D. Rockefeller, Henry Phipps and Andrew Carnegie families, who made their fortunes in railroads, glass, oil, and steel, respectively.

Today as more families become wealthier it is not just the super wealthy who are able to leave legacies to their heirs. With this in mind Money Tools offers a family office function

  • We build close relationships with other professional advisers, particularly our clients’ legal advisers, to provide cohesive advice
  • We provide technical and administrative support in the planning and structuring of family assets
  • We can sit on family advisory panels to provide key input into tax planning and investment decisions, including philanthropic advice

 

We can assist with:

Personal tax & trusts

Bespoke personal financial planning

Investment management

Private banking