For the family of means, a family office offers many benefits. When structured appropriately and managed well, a family office serves to coordinate the stewardship of assets and organize philanthropic and personal interests. It also provides the flexibility to pursue strategies that take into account the needs of the individuals, as well as the family as a whole.
The family office often plays a critical role in defining and preserving a sense of family values. Our clients often find that the family office is an effective way to manage family philanthropy, wealth education of children, and family governance.
At Hemenway & Barnes, we offer a full range of services through the family office services including:
The range of services provided depends on the goals and needs of each family. We tailor our services with personal attention which is always a common denominator.
Operating a single family office can be complicated and costly. This is why Hemenway & Barnes offers an alternative, multi-family office platform for clients.
We work with families to assess the many factors involved in making the very personal decision to establish a family office, including size of the asset base and family dynamics. Regardless of which path you take, the attorneys, trustees and philanthropic advisors at Hemenway & Barnes apply the firm's personal touch.