Nexia’s expertise extends beyond wealth management and investment strategies.
Leveraging our firm’s carefully integrated suite of services, encompassing advisory, tax and wealth management, our dedicated family office offering allows you to centralise the management of all your family affairs into a seamless, single-source service.
We assist with creating strong and transparent governance frameworks, facilitating successful wealth and estate transfers across generations, helping with your family’s decision-making to ensure the best results, and ensuring the next generation is well-prepared to manage the family’s future wealth.
Our personalised and proactive approach ensures ongoing communication, including regular meetings, regular reports, and constant access to critical information.
We offer advanced systems to organise and protect your family assets and put you in the best position for generations to come.
Our experts work with you or your current advisors to develop bespoke wealth planning strategies for long-term success.
Do I need a family office?
- Have you sold a business, thereby generating substantial liquidity?
- Have your financial assets and business grown to a level that requires full-time professional management?
- Is the management of running your family’s personal assets distracting you from running your business?
- Has your family become multi-generational, where there is a need for the professional management of the family wealth of coming generations?
Whether you are looking to grow your family’s wealth, protect your assets, or plan for the future, our experienced team can create tailored solutions to fit your family’s unique needs and help you and your family unlock your true potential.
How we can help unlock your true potential
Financial
- Financial evaluation of family
- Determining investment objectives and philosophy of the family
- Determining risk profiles and investment horizons
- Asset allocation
- Banking support
- Liquidity management
- Due diligence on investments and external asset managers
- Philanthropic planning
- Establishment and administration assistance
- Donation strategy development
- Compliance assistance incorporating technical and operational advice
- Due diligence
- Memberships
- Home and holiday property management
- Liquidity budgeting (short and medium term)
Strategic
- Strategic business and structuring advice
- Business value maximisation
- Growth plans
- KPI and management reporting and benchmarking
- System review and process re-engineering
- Integrated forecasting and budgeting with real-time monitoring
- Inbound and outbound international expansion support
- Cash flow, profitability and financial diagnostic analysis
- Wealth protection
- Wealth transfer analysis and planning
- Estate settlement and administration
- Family governance assistance
- Trustee services
Through regular family meetings, ensure the next generation is properly informed and educated to manage the family’s future wealth.
Governance
- Establishment of payment authorisation process
- Processing of regular payments (invoices, taxes and fees)
- Bank account opening, rationalisation and streamlining
- Bank reconciliations
- Services management
- Referral management
- Technology and cyber-security
- Compliance
- Consolidated report of all family assets
- Consolidated performance report
- Benchmarking analysis
- Online access to reports
- Tax adjusted performance
- Leadership planning
- Establish family board roles
- Develop processes for knowledge sharing and training
- Adoption of a family charter/constitution to –
- Formalise the agreed management structure and family mission
- Define roles and responsibilities of family and non-family members
- Develop policies and procedures
Advisory
- Tax and legal advisory services
- Disaster recovery strategies
- Risk management and insurance services
- Risk analysis
- Insurance requirement assessment
- Policy evaluation
- Asset ownership and title
- Disaster recovery strategy
- Asset protection and separation
- Physical security of family members
- Hedging strategies
- Data security and privacy
- Social media and family reputation
Get in touch
Connect with us today and discover how you or your business can reach its full potential.
