Family Office Services for UHNW — Certuity

The growth of ultra-high-net-worth families (UHNWF) stimulates the search for effective ways of managing wealth. Asset placement, legally competent transfer of inheritance, tax optimization, and other pressing issues require professional knowledge and experience. The most beneficial way to resolve multiple issues facing wealthy families is a family office (FO).

Certuity has been providing multi-family office services to ultra-high-net-worth families for over 21 years. The company presented its vision of the tasks and capabilities of a family office in the article “What is a Multi-Family Office?” published in the blog on its website.

The Spread of Multi-Family Offices in the 21st Century

The emergence of multi-family offices followed decades of single-family offices success. They were created to serve the needs of a single wealthy family and were often headed by one of its representatives. The growth of wealth-generation opportunities led to a rapid increase in the number of wealthy families. However, maintaining a single-family office for UHNW families is too expensive and impractical. Therefore, the services of multi-family offices, working for several families, turned out to be more in demand in the 21st century.

The Range of Tasks Solved by a Multi-Family Office

Certuity’s experience in providing family office services shows that no two families have the same needs. But most of them require the following services provided by multi-family offices:

• Wealth planning and management;
• Investment portfolio construction and management;
• Estate planning;

• Tax planning;
• Insurance coordination;
• Philanthropy;
• Family governance, etc.

Choosing a Family Office for Sophisticated Wealth Management

The decision to use the services of a family office can be key to increasing wealth and harmonizing all family affairs. However, the choice of a specific FO should be responsible. The family will entrust FO specialists not only with their finances but also their history, reputation, and even secrets. In the article, Certuity draws attention to those aspects that should be taken into account when choosing a multi-family office:

• The company must act as a fiduciary, adhering to all standards required of fiduciaries by regulatory authorities.
• A family office must have full in-house expertise and access to various institutions.
• Forms of communication with company representatives should be varied and comfortable for the family.
• A family office must have an impeccable reputation and recommendations from other wealthy families.
• The company must adhere to high moral standards and a code of ethics that coincides with the worldview and beliefs of its clients.

Brief Company Profile

Certuity is a renowned multi-family office operating in several regions of the United States. The company has received numerous awards and high marks from wealthy families and experts. In addition to a family office, Certuity offers its clients the following services:

• Wealth Management*;
• Outsourced Chief Investment Officer (OCIO);
• Legacy Planning;
• Alternative Investments, etc.

*Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families.

Certuity is a Registered Investment Advisor (RIA) and acts as a fiduciary for its clients.

Certuity Offices