Family Office Support and Management

As you encounter new challenges and heightened responsibilities associated with managing your family’s wealth, untangling complex administrative functions can be burdensome. It’s easy to forget that beyond the numbers, it begins and ends with family. Our tax, accounting and consulting professionals take a holistic approach—examining your financial picture in its entirety to help your family move as a unit toward a common goal.

Here’s how we help you strengthen the ties that bind:

Your in-house family office. Friedman’s advisors create deep-rooted relationships, so that you can confidently rely on our experienced professionals to help you make the profound decisions affecting your family wealth. Friedman’s experts simplify multi-layered family governance challenges—including managing multiple entities, trusts and charitable foundations—drawing from our in-depth background in guiding private clients and high-net-worth families. We exercise the utmost care, confidentiality and discretion while helping you further your legacy.

Integrated strategies to preserve and transfer wealth. Our professionals listen to your needs and fully understand your financial position. We have extensive experience dealing with complex financial and estate planning structures and recognize the sensitivity that can surround these matters. With our comprehensive planning services and sophisticated strategies, we help ensure wealth is passed on to family members with the smallest tax burden the law will allow. Our goal is to preserve and protect your family’s wealth.

Specialized expertise in the areas you care about. As a nearly century old firm with the resources of a big 4, but the mentality of a closely knit family, our specialized advisors deliver the personalized guidance needed to improve your overall financial wellbeing. With nearly fifty practice areas including, estate and trust planning, state and local tax and international tax, we deliver the nuanced guidance you need to streamline your family home office and expand your opportunities. Our comprehensive outsourced accounting services go beyond traditional bookkeeping to address the challenges you face.

Proactive recommendations to maximize your financial position. Our advisors understand how sensitive intra-family dynamics can be. As such, we deliver tailored services that are flexible, nimble and adaptable to each family member’s needs. We believe that empowering our clients with knowledge is essential to the success of any family home office. We provide customized educational seminars to reinforce the key idea that every family member plays a vital role.

Learn how our dedicated Family Office Support and Management services can best position your family and future generations for financial success. Contact us here.

Our specialized accounting, tax and advisory services are built to address your unique family home office and business support needs in a myriad of ways, including:

• Construction of individual entity and fiduciary trust and estate compliance
• Handling quarterly tax estimates
• Preparation of personal financial statements
• Management of family reimbursements
• Organization of wealth management
  • aligning outside partners including wealth management firms and attorneys
  • addressing complex tax structuring and tax compliance issues
• Bill pay services management
• In-depth bookkeeping support
• Private client and trust and estate guidance
• Succession planning support
• Transfer tax issues and state planning