What is a Family Office?
A family office are essentially private companies, which have been set up to look after the finances of wealthier families and individuals. A family office is therefore a private wealth management advisory firm dealing with high net-worth individuals and families. The core activity of a family office is the centralization of activities undertaken by a trusted manager/trustee or professional licensed firm for one or multi wealthy families.
Services provided by our Firm for Multi Family Clients
Protecting family wealth
Managing Investment Risk
Improving family cohesion and transgenerational smooth transfer of assets
Clarifying family governance
Concierge Services for personal family affairs such as children education, adequate insurance coverage and managing accounting and bookkeeping, tax planning, residency requirements and ensuring due diligence of bank accounts
Arranging financing on high value Assets in UAE, UK and Canada
Private Equity as an Alternative Source of Investments
Company Incorporation and wealth structures, and
Keeping a clear demarcation of personal assets to business assets
Managing Real Estate Assets
Why the need for having a trusted professional Partner?
Globalization as families have multiple tax and physical residencies
Ensuring adherence to injunctions of Islam and acting as trusted Aameen(trustee)
Managing external relationships through one window operation, and
Taxation Planning, Estate Planning and Family Succession
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