• Family Office Services

Bringing together your family and ours.

Family Office Services at BDO centralizes the management of financial and tax affairs for high net-worth families and individuals. Applying a collaborative approach to everything we do, BDO has the resources and global capabilities required for virtually any tax or financial matter, as well as a perspective gained from a wide variety of advisory services. With BDO, you will have timely and responsive access to any member of our professional team when you need us. Our people also work closely with a family’s other advisors, including their attorney, investment adviser, and other trusted professionals.
Our services are flexible and scalable to the needs of each family we work with. We offer a breadth of services to the Family Office, from consultation on a single endeavor, to comprehensive involvement with all concerns, to a complete outsourcing of the function. Our clients include Family Offices from the one-person office to those that contain over 100 people. We can serve your trusted team, or coordinate efforts on your behalf.
Our services include:
  • Developing family office governance and risk management
  • Assisting with family meetings
  • Review and installing cyber security measures
  • Structuring of entities to achieve family goals and minimize tax issues
  • Developing and executing income, gift, estate, and trust tax plans and performing the related compliance
  • Assisting with banking relationships
  • Developing a financial reporting structure to give the family information to make decisions
  • Developing a disaster plan to back up the family office
  • Assisting in evaluating the performance of investment advisors
  • Paying the entities’ and family’s bills
  • Structuring the acquisition of large assets such as yachts, planes, etc.
  • Structuring foreign assets to achieve objectives and minimize regulatory burdens  
  • Advising on succession planning for closely held entities and family office operations
  • Reviewing family office operations for efficiency and policy compliance
  • Advising on philanthropic initiatives and the management and administration of charitable objectives