Guiding a family toward the future
A matriarch with a company that had three generations of family ownership was seeking a change. She wanted guidance on selling the business and managing the capital using a multifamily office approach. Originally started by the matriarch’s father, the company was currently run by her and her two sons. After getting to know this family and their goals, we would consult with specialists on everything from business valuation to legacy and tax planning to design a plan for the sale of the company. This complex work would only be the beginning, however, as we help these clients develop their vision for the future. That includes determining how much to distribute to her sons that would provide opportunities but not take away the pleasure of achievement, and how they might transfer the family’s values along with that wealth.
The hypothetical example above is for illustrative purposes and is not representative of any actual experience. Individual results will vary.
Our family office services include:
- Family governance
- Legacy planning
- Cash flow modeling
- Philanthropic planning
- Property and casualty insurance review
- Wealth transfer
- Trust services
- Wealth and investment management
- Banking and lending solutions1
- Insurance and annuities2
- Risk management
- Securities-based lending3
1Lending solutions offered by Raymond James Bank, an affiliate of Raymond James & Associates, Inc., and Raymond James Financial Services, Inc. Raymond James & Associates, Inc., Raymond James Financial Services, Inc., and your Raymond James financial advisor do not solicit or offer residential mortgage products and are unable to accept any residential mortgage loan applications or to offer or negotiate terms of any such loan. You will be put into contact with a Raymond James Bank employee for your residential mortgage needs.
2Insurance and annuities offered through Raymond James Insurance Group. Raymond James & Associates, Inc., and Raymond James Financial Services, Inc., are affiliated with Raymond James Insurance Group.
3A securities-based line of credit may not be suitable for all clients. Borrowing on securities-based lending products and using securities as collateral may involve a high degree of risk. Market conditions can magnify any potential for loss. If the market turns against the client, he or she may be required to deposit additional securities and/or cash in the account(s) or pay down the loan. The securities in the pledged account(s) may be sold to meet the collateral call, and the firm can sell the client’s securities without contacting them. The interest rates charged are determined by the market value of pledged assets and the net value of the client’s Capital Access account.