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How to utilize a Multi-Family Office?

At Gladstone Wealth Group, we strive to give the best service in all financial matters.  We will guide your planning (financial, tax, strategic, and philanthropic), investment management (asset allocation, risk management, investment due diligence and analysis, discretionary asset management and trading) and administration (advisor coordination and reporting).

We are here to provide you with coordinated planning and advice for all aspects of your financial life with the goal that your asset base is not only maintained but that you reach the goals and objectives you have set for your family’s financial future.

What sets our family office apart from some financial planners, stockbrokers, personal bankers and other financial advisors is that our advice is unbiased which helps avoid conflicts of interest that could arise. This includes the hands on experience you will receive from any one of our advisors.

What are the areas that the family office is going to handle for me?

There are four main areas of focus including financial, tax planning, estate planning, and insurance matters.  The type of attention required in each area varies by client, so, the asset planning and protection strategies we design are individualized to fit each clients unique needs.

Do I have enough assets to become part of a family office?

Members of the Gladstone Wealth Group Family Office generally have at a minimum $1 million in investable assets. Although this number is not necessarily definitive, our experience has demonstrated those who fall in this category and above benefit tremendously from our process.  If assets do not meet this criteria it could still be a worthwhile conversation to have.

When a financial advisor asks to run an idea by me, what’s the best procedure to follow?

Re-direct the call to the family office. Each wealth advisor needs to be working toward the same wealth goal. When advisors are acting independently, this can not only prove inefficient, but, may potentially put different strategies to work against one another.

How does a family office save me time?

Bringing the four areas of financial, tax planning, estate planning, and insurance matters together under one roof into an integrated framework in and of itself will save time and in certain instances a considerable amount of money.  So, rather than spend several hours per week either on the phone to discuss financial matters, think about the advice given, perform due diligence to research or further explore the advice given independently, all of these activities are delegated to the family office representative. He or she provides an informed, efficient update of what options are available on any given financial topic. This leaves your time freed up since a professional investor has already done research and comparative analysis on your behalf. In addition, the professional investor is presenting unbiased and objective information in the best interest of you, the client. 

Those interested in membership can call us and we will be more than happy to have a discussion with you.