Multi-Family Office Services

A Multi-Family Office (“MFO”) is an organization that services more than one Family Office and may serve as few as two or three families or more than 500 with median investable assets of $20 million and median assets of $50 million. The fee structure for MFOs varies from:

  • Fees on assets under management
  • Hourly or Flat dollar arrangement
  • A blend of assets under management and flat dollar arrangement

Fee structures will vary depending on the number of accounts, households, custodians, advisers, transactions, beneficiaries, and complexity of the reporting and legal structure among other criteria. The primary services provided by MFOs include cash flow planning and analysis, estate planning, tax planning, financial planning, investment management, and philanthropic administration. Other services may include:

  • Fiduciary Services
  • Life insurance
  • Credit and Lending
  • Tax Preparation
  • Banking
  • Trust Administration
  • Expense Management
  • Bill Pay