We help entrepreneurs, families, trustees and private companies with their investments. We provide independent advice based on established research methods, and our experts have in-depth sector knowledge in Family Office services and Wealth Management. We strive to give expert advice and support based on our financial expertise and strong client focus.
We are focusing on servicing the sophisticated needs of wealthy families. Benefit from our insights and best practices so you can fully understand the changing trends that may impact you.
What is a Family Office?
A Family Office is an organization a wealthy family sets up by hiring a wide range of professionals across multiple disciplines – taxes, estate planning, accounting, bookkeeping, investing, etc. – to work for them and help them manage and execute their wealth management activities.
What is the difference between a Family Office, my private banker and my asset manager?
The difference is independence. Family offices ideally are not affiliated with any bank, financial institution or asset manager. The advice they provide is strictly objective and without the conflict of a sales mandate or a financial interest in selling particular financial products or services. A wealth manager comes in many legal forms – private bank, trust company, brokerage firm, family office, multi-family office, financial planner, etc.
Do I have to change banks?
There is no need for you to change banks. As your advocate, we work with each of your service providers to be sure they are working toward your best interests. Through consolidated reporting, we review transactions, confirm pricing, review commissions, identify errors and see that what you agreed to pay is what you are being charged.
Wealth Management for New Israeli Residents or Returning Residents
If you have immigrated to Israel or are considering making Aliyah, there are various Israeli tax benefits for Olim that should be taken into consideration when managing your wealth.
However, that Aliyah 10-year tax window will close before you realize it, so it is crucial to undertake medium-term and long-term financial planning to ensure that your investments are suitably structured. Israeli citizens are taxed on their worldwide income so your Wealth Management should take into account all assets located outside Israel, and financial connections with family members in other jurisdictions (United States, various EU jurisdictions, UK), such as trusts and inheritances.
Also, one should be aware that capital gains after the 10-year tax break of Aliyah shall be imposed so that it is important not to accumulate considerable capital gains at the end of this period.
As a Family Office providing services to many Olim based in Israel and their relatives living across Europe (France, UK, Germany, Switzerland, Belgium etc.), we can help you with international tax planning, estate planning, restructuring your wealth before and after you made Aliyah.
Please do not hesitate to contact us for further information.