Family Office Services
At Prager Metis, we act as the family office “quarterback” to ensure that all family policies and decisions are enacted and continually maintained. We believe in total transparency and communication with all family members. We understand the need for privacy and will be extremely cognizant of this in all communications with you and various team members.
Our goal is to become your most trusted advisor so that you feel comfortable coming to us first for advice and counsel. With Prager Metis, you will only deal directly and continually with the same senior partner and your team. This allows trust and knowledge to grow between both parties and allows us to become fully immersed in your family groups. We are very confident in our firms’ approach, as we have almost 100 years of experience in providing these services. We can also act as consultants to existing family offices to enhance service delivery to your family members. Our services include:
Back Office
- Bank and credit reconciliations
- Concierge services
- Household payroll administration
- Cash flow planning and projections
Advisory
- Gift planning
- Wealth preservation and distribution strategies
- Family governance
- Trust and estate administration and planning
- Business succession planning
Tax Advisory
- Compliance, planning and structuring to minimize tax liabilities.
Tax Compliance
- Individuals
- Domestic Trust
- Estate
- Private Foundations
- Foreign Trust
- Gift
- Foreign Information Reporting
- Family Investment Partnerships
Investments
- Consolidated reporting and tracking of all investment assets.
- Data aggregation – Black Diamond
Risk Management
- Life and disability insurance consulting
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