5 Services Offered by a Family Family Office Office in in India India Family management services to high-value individuals and families. Whether you need consultation on wealth creation techniques or need to make large investments, a family office can leverage their expertise to help you make calculated decisions that are bound for financial success. If you are a high net worth individual looking for family office services in India, read this post to learn about five services a firm will offer. Family offices offices in in India India are advisory firms that provide an array of private wealth Private Private Wealth Wealth Management Management Private wealth management services include a number of financial management activities to improve your portfolio. The services include analysis of your current financial status, defining your short term and long term goals, global asset allocation, and making investment decisions based on your appetite and tolerance for risk. Family Family Governance Governance Services Services Family governance services include planning ahead for your future generations, and allocating resources to your current family members. The services also involve organization of family retreats and family assemblies, arrangements for the succession of your business, and mentoring family members.
Estate Estate Planning Planning Services Services Estate planning is concerned with who will receive what share of your assets and capital after your demise. Services that come under estate planning include drafting wills, helping with the power of attorney documents for your medicinal and religious wishes, planning for retirement, and managing marital contracts. Investment Investment Banking Banking Investment banking decisions largely involve business development activities such as direct and indirect investments, advising on merger and acquisitions, private equity investments, and lending support with Initial Public Offerings, if necessary. Administrative Administrative Services Services Administrative services include managing current finances, comped with legal issues. Other services are maintaining documents and records, accounting and bookkeeping services, helping with payment of invoices and taxes, and arranging tax compliance. Under this section of family office planning, you also get support with general legal issues. Need Need Family Family Office Office Services Services in in India? India? Family offices play an important role in the life of an individual with an established business, who has a large amount of capital to his or her name. Allocating resource to your current and future generations come with a huge responsibility of dividing in a way that they have a sufficient amount to start with or have the right amount of money to pursue their education and business ventures. If you are looking for efficient and dedicated family office services in India, there are many experienced and reliable wealth management firms such as Client Associates to offer their assistance to high-value individuals. Source: https://medium.com/@binnyaleena/5-services-offered-by-a-family-office-in-india-8e3671dc37a6 Source: