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Family Office

Time well-spent, success well-earned. Together, let's define where your wealth meets your purpose.

We are a multi-family office

One that can support families in all of their financial needs – from the administrative burdens of daily life to the most sophisticated planning & execution. Our client families typically have investible wealth and heightened financial complexity as a result of: business ownership, private or alternative investments, generational wealth planning, philanthropic endeavors, and maintaining compliance with tax laws. 

When we manage your assets, we take the following investment approach.

Our expertise includes managing your wealth, estate and income tax planning, family education, philanthropy, cash flow planning and risk management. Graypoint’s Family Office advisors are attorneys, CPAs, CFAs, and CFPs by background. Each Family Office advisor and team counsels between 8-12 families, serving as a trusted confidant.

Your family will gain an engaged advisor with deep resources and a passion to serve you. 

Key Considerations When Hiring a Family Office

We believe the family office of the future plays a much larger role beyond managing a family’s balance sheet. 

Financial Complexity
  • Does the portfolio include investments?
  • Do you rely upon outside staff to assist your household (e.g. childcare, property management, etc.)?
  • Is your tax planning keeping pace with the rest of your financial life?
  • Has your family taken appropriate measures to protect themselves from various risks – including cyber/technology, legal, and insurance?
  • What is the size of your family’s wealth?
  • Have you recently experienced, or are you planning for, a significant wealth event, such as selling a business, planning for an inheritance or are you contemplating retirement? 
  • Are all aspects of your wealth being appropriately planned for and coordinated across all of your advisors?
  • How are financial decisions made and who bears responsibility as the gatekeeper? Is there a continuity plan? 
  • Are your spouse and/or children aware of the family’s finances? 
  • Who will step in?
Services & Components

Family Office Services

Service from Graypoint’s Family Office advisors are based on trust, both with the advisors and within a client family. Our dedication will ensure that all parties are on the same page regarding planning, giving, and preserving your legacy.
  • Family Financial Education & Coordination
  • Estate Planning
  • Investment Planning
  • Income Tax Planning
  • Cash Flow Planning & Bill Payment
  • Insurance Planning
  • Family Philanthropic Planning

Family Financial Education & Coordination

  • Work with your adult children to see that they are organized and utilizing appropriate techniques
  • Organize family meetings to educate members of your family and to ensure collegiality and cooperation among the generations
  • Ensure that all members of your family are acting in concert regarding their planning while respecting confidentiality

Estate Planning

  • Review of estate documents
  • Recommend improvements to the plan
  • Assist with coordinating and updating beneficiary designations and asset titling
  • Advise on strategies pertaining to federal & state estate tax rules
  • Monitor & recommend changes in conjunction with your attorney as circumstances change
  • Prepare an estate distribution flowchart
  • Prepare an estate liquidity analysis & make recommendations

Investment Planning

  • Manage your portfolio on a discretionary basis or as an investment consultant
  • Develop strategic recommendations regarding the construction of your portfolio
  • Select appropriate investment strategies and managers from an open architecture platform
  • Monitor and report on investment performance and asset allocation
  • Provide a holistic review of total asset base
  • Advise on appropriate ownership and titling of investments
  • Coordinate paperwork

Income Tax Planning

  • Facilitate the preparation of tax returns for you and your entities, either by working with your accountant, or through a preferred provider within Graypoint’s network
  • Prepare periodic income tax projections, offering tax planning advice & calculating estimated tax payments
  • Account for reportable transactions and help you meet US reporting requirements for foreign transactions
  • Incorporate stock vesting into overall tax planning, including withholding and basis tracking
  • Coordinate your charitable giving to identify tax efficiencies

Cash Flow Planning & Bill Payment

  • Develop a cash flow summary and prepare an annual budget for individuals and entities
  • Coordinate all major cash transactions
  • Pay all bills and provide periodic activity reports and bank reconciliations for monitored accounts, provided on an agreed basis
  • Coordinate private investment capital calls and distributions

Insurance Planning

  • Review existing insurance including health, life, auto, home, umbrella, disability, and long-term care insurance
  • Evaluate the sufficiency of coverage
  • Assess the adequacy of liquidity to meet anticipated and potential cash obligations
  • Identify gaps in coverage to further mitigate risks

Family Philanthropy

  • Coordinate your charitable giving
  • Identify tax efficient assets for donation
  • Maintain records of and tax returns for your private foundation
  • Track ongoing gifting on a year-over-year basis

Our Investment Philosophy

We strive to create opportunities for long-term compounding of invested capital for clients, regardless of level of wealth.

We define risk as extended or permanent loss of invested capital – not based on day-to-day market volatility.

We emphasize long-term strategic asset allocation, but also recognize the importance of near-term tactical and thematic opportunities.

We diversify for the sake of long-term growth potential, not just to minimize risk.

When appropriate for clients, we believe that non-traditional investments are powerful vehicles for compounding capital.

When evaluating asset classes and specific investment opportunities, we follow the fundamentals, not fads or news headlines.

Our differentiated approach toward investing

Graypoint
  • Asset allocation based upon bottom-up comprehensive financial planning (e.g. tax considerations, wealth transfer goals, etc.)
  • Customized, bespoke portfolios
  • Optimized for the potential of capital loss
  • Experience, sophistication & industry contacts to source public/private investments that align with our philosophy and client’s goals
  • Forward-thinking approach toward alternative investments focused on best client outcomes, not solely on manager performance
  • Boutique firm, collaborating as one client team with technical investment, economic and tax counsel available for all clients
Common industry practice
  • Asset allocations often based on narrow view of investment risk tolerance, ignoring planning considerations
  • Top-down, menu of generic models
  • Managed against market volatility
  • Broker-dealers, large banks with asset management arms often promote their own products to clients
  • Greater emphasis toward identifying rockstar managers vs. client outcomes
  • Smaller investment firms may lack breadth of technical expertise, and larger firms often limit access to its largest clients