Multi-Generational Engagement Archives | vonKelco https://von-keller.com/help-center/category/multi-generational-engagement/ Wealth Leadership Academy Sun, 04 Jun 2023 19:46:58 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://von-keller.com/wp-content/uploads/2025/12/vonkelco-logo-Icon-150x150.png Multi-Generational Engagement Archives | vonKelco https://von-keller.com/help-center/category/multi-generational-engagement/ 32 32 Why would someone need wealth management? https://von-keller.com/help-center/why-would-someone-need-wealth-management/ Sun, 04 Jun 2023 19:46:57 +0000 https://von-keller.com/?post_type=epkb_post_type_1&p=4301 Clients may engage in a wealth management relationship for a number of different reasons. Some choose to do so because they need help planning for certain goals, or need guidance around estate planning, protecting wealth, retirement planning, or ways to manage their tax obligations. Others choose wealth management because they don’t have the time or the desire to manage their own portfolios or simply value the input of a financial professional, who can act as a sounding board.

The post Why would someone need wealth management? appeared first on vonKelco.

]]> Clients may engage in a wealth management relationship for a number of different reasons. Some choose to do so because they need help planning for certain goals, or need guidance around estate planning, protecting wealth, retirement planning, or ways to manage their tax obligations. Others choose wealth management because they don’t have the time or the desire to manage their own portfolios or simply value the input of a financial professional, who can act as a sounding board.

The post Why would someone need wealth management? appeared first on vonKelco.

]]> Why Create a Single-Family Office? https://von-keller.com/help-center/why-create-a-single-family-office/ Sun, 04 Jun 2023 19:42:18 +0000 https://von-keller.com/?post_type=epkb_post_type_1&p=4295 With greater wealth comes greater financial complexity – especially in regard to one wealthy family or individual. That being said, one would create a single-family office to preserve and manage a large fortune for the coming generations. Free from institutional mandates, intermediaries, and other standard due diligence procedures, single-family offices provide greater freedom and flexibility to allocate capital in a way that aligns with the values and desires of the family.

The post Why Create a Single-Family Office? appeared first on vonKelco.

]]> With greater wealth comes greater financial complexity – especially in regard to one wealthy family or individual. That being said, one would create a single-family office to preserve and manage a large fortune for the coming generations. Free from institutional mandates, intermediaries, and other standard due diligence procedures, single-family offices provide greater freedom and flexibility to allocate capital in a way that aligns with the values and desires of the family.

The post Why Create a Single-Family Office? appeared first on vonKelco.

]]> What’s the difference between Family Office, Private Bank, a Wealth Advisor and a Asset Manager https://von-keller.com/help-center/whats-the-difference-between-family-office-private-bank-a-wealth-advisor-and-a-asset-manager/ Sun, 04 Jun 2023 19:29:17 +0000 https://von-keller.com/?post_type=epkb_post_type_1&p=4279 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.

The post What’s the difference between Family Office, Private Bank, a Wealth Advisor and a Asset Manager appeared first on vonKelco.

]]> 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.

The post What’s the difference between Family Office, Private Bank, a Wealth Advisor and a Asset Manager appeared first on vonKelco.

]]> Do you step-up governance for the family? https://von-keller.com/help-center/family-goverance/ Sun, 04 Jun 2023 17:27:36 +0000 https://von-keller.com/knowledge-base/your-next-steps/ Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Id eu nisl nunc mi. Sed nisi lacus sed viverra tellus in hac habitasse platea. Quam elementum pulvinar etiam non quam lacus suspendisse faucibus. Eleifend donec pretium vulputate sapien nec.

The post Do you step-up governance for the family? appeared first on vonKelco.

]]> When it comes to communication between family members, nothing in wealth management is more critical – or complicated – than family governance.  We help the Von Keller-Njou family navigate the multitude of challenges of a life with wealth. When working with your family, we consider:

VALUES AND MISSION STATEMENTS FOR THE FAMILY

  • Family protocol
  • Succession planning
  • Financial education
  • Facilitated family meetings
  • Next generation education

The post Do you step-up governance for the family? appeared first on vonKelco.

]]> What is the difference between Single Family Office and Multi-family office? https://von-keller.com/help-center/single-family-vs-multi-family-office/ Sun, 04 Jun 2023 17:27:36 +0000 https://von-keller.com/knowledge-base/category-hierarchy-and-tabs-layout/ Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Id eu nisl nunc mi. Sed nisi lacus sed viverra tellus in hac habitasse platea. Quam elementum pulvinar etiam non quam lacus suspendisse faucibus. Eleifend donec pretium vulputate sapien nec.

The post What is the difference between Single Family Office and Multi-family office? appeared first on vonKelco.

]]> As opposed to single-family offices, which manage the financial and personal affairs of one family or individual on a case-by-case basis, multi-family offices provide capital management services to a number of unrelated families or individuals. Some can be seen managing up to a hundred client portfolios at any given time. Because multi-family offices govern the wealth for various clients, their attention is focused largely on wealth management versus a full suite of services. 

The post What is the difference between Single Family Office and Multi-family office? appeared first on vonKelco.

]]> Tell me more about a single family office? https://von-keller.com/help-center/single-family-office/ Sun, 04 Jun 2023 17:27:36 +0000 https://von-keller.com/knowledge-base/about-kb-add-ons/ Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Id eu nisl nunc mi. Sed nisi lacus sed viverra tellus in hac habitasse platea. Quam elementum pulvinar etiam non quam lacus suspendisse faucibus. Eleifend donec pretium vulputate sapien nec.

The post Tell me more about a single family office? appeared first on vonKelco.

]]> Single-Family Office Structure

Dealing with the ultra-wealthy, single-family offices are unique in their setup and structure, as they are entirely driven by the needs of the family. When it comes to the staffing procedures for a single-family office, keep in mind this number differs greatly among all entities. Some start with one or two employees managing the family’s affairs, and over time may grow to have more than 50 employees. Again, there is no set number, as it depends entirely on the specific desires of the family or individual. 

Single-family office talent often extends to:

– Private Lawyers
– Fund Managers 
– Tax  & Trust Specialists
– Accounting & Financial experts
– Real Estate Professionals 
– Investment Due Diligence & Research Professionals
– Luxury Goods Oversight
– Senior Bankers
– Executive Assistants 

The post Tell me more about a single family office? appeared first on vonKelco.

]]>