Confidence when facing unique wealth decisions.
Our goal is to reframe the way you approach your wealth by offering perspective and problem-solving guidance across a wide range of wealth, estate, lifestyle, and family matters.
Every family needs a customized suite of resources to meet their goals and challenges. Our all-encompassing services support the three pillars of Complexity Management, Capital Allocation, and Legacy Preservation. We develop a 360-degree view of your lifestyle, financial landscape, current challenges, future aspirations, and family dynamics. Once we have a complete view of your life, we create a comprehensive family office that captures the heart of your family and the critical intelligence and confidence to build on your success.
While many Financial Advisors only provide advice on investments, Verdence/FAMILY becomes your single point of contact, coordinating resources such as aggregated reporting, real estate, and business ventures, tax and legal matters, bill pay, insurance, and lifestyle planning.
Verdence/FAMILY’s in-depth services ease your burdens—strategic or tactical. We provide the dedicated resources you need—evolving in stride with each chapter of your life— allowing you to enjoy your wealth, not be overwhelmed by it. Your Family Office and the supporting services it provides are as unique as your family itself.
A few of our most popular services:
- Evaluating a complex real estate transaction, assisting in acquiring it, and then managing it over time
- Providing strategic guidance on starting or selling a business
- Arranging private aviation and travel coordination
- Assisting families with budgeting and cash flow management
- Conducting a comprehensive risk management review with a focus on insurance
- Managing external advisors and producing consolidated reports
Allowing you to enjoy your wealth, not be overwhelmed by it.
Our subject matter specialists become your personal board of directors.
The foundation of Verdence/FAMILY Custom Family Office
This is the primary reason you engage us. Significant wealth demands a sophisticated, experienced approach in which your financial resources are effectively invested around a well-structured plan to help it last for generations. Likewise, it necessitates aggregated, comprehensive visibility across your entire financial landscape.
Our capital allocation intelligence is governed by experienced portfolio strategy, in-depth research, and rigorous due diligence, all while aligning our fiduciary duty to you and your best interests. What’s more, we are positioned to offer you access to bespoke and private investments—alternative investments, hedging strategies, and unique direct and co-investment opportunities. Given that we work with a limited number of ultra-high net worth clients, you further benefit from idea sharing across families.
An effective capital allocation plan customized for your family is built in several layers. Once set in motion, the plan remains active — evolving over time, as we continually re-visit, re-test, and challenge each component.
Understand financial, aspirational and charitable goals, family dynamics and risk tolerance
Build a portfolio of cashflow to facilitate lifestyle spending, and aspirational investments
Estate planning, tax strategies, and lifetime giving opportunities
Comprehensive financial planning and portfolio strategy
Ongoing adjustments aligning current market conditions with long-term objectives and life changes
Helping you pass your ideas, values, and wealth on to future generations.
Your legacy is more than financial. It includes ideas, experiences, beliefs, philanthropic impact, family history, and assets.
Implementing a strategic legacy plan is a delicate, highly complex undertaking, planning for effective distribution of your estate that allows you to create a lasting legacy, whether it is for your loved ones or your beloved charities. We help execute your vision, and prepare your next generations.
What will my legacy say about me?
How can wealth affect my children?
How do I share my family’s values and an appreciation of our history?
How can I plan now for future estate taxes?
How can I make a lasting impact through charity?
Family Governance & Communication
The hardest conversations we have are about what happens after we’re gone. But what if planning for the future could focus not only on the hard questions that need to be asked and the solid plans that need to be built but also on all the joy that life can bring and the togetherness that family can foster? We provide multiple channels for formal and informal communication and a culture that supports that kind of engagement. We encourage and facilitate meaningful and open dialogue about your family’s past, present, and future. We believe in educating your next generation on how financial markets work, the importance of family dynamics, and their role in your family’s wealth.
Legacy Preservation includes coordinating:
- Estate, Trust, and Tax Planning
- Family Governance
- Board Development
- Meeting Management
- Succession Planning
- Next Generation Education
- Family Risk Management
4-Dimensional Wealth: Verdence/FAMILY’s Next Gen Education Platform
In every walk of life, knowledge is power. You’re faced with a unique and complex mix of considerations and decisions, potential hurdles, and remarkable opportunities.
Verdence/FAMILY created an in-depth multi-generational education series, “4-Dimensional Wealth”, designed to educate and empower each family member to make informed decisions for all their financial resources.
Family governance and a well-defined family structure, coupled with family education, help you maintain open and frequent communication about wealth—and your vision for it—with your family.
According to Money Magazine, “70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third.”* Family wealth is often squandered by a lack of financial education and excessive spending. Prospering while surrounded by significant wealth is not a linear approach. It necessitates examining each aspect of your life from several vantage points.
Through age-appropriate messaging, forecasting, real-life examples, and open discussion around the opportunities and perils of significant wealth, Verdence/FAMILY prepares your next generations to enter their adult lives with a sense of confidence and a strong foundation built on knowing what’s at stake.