The Family Office or Multi-Family Office

For some clients the choice is to create a Family Office as the principal investment vehicle in the family’s approach to investing the wealth for the next generation.  There may also be a need to organize the family’s approach before it considers itself ready to take on a private company acquisition or a family sponsored private equity fund. Creating the Family Office also fulfills the mission of using investment to transfer wealth to the next generation.

We will develop a plan for a family office, single family or multi-family, agree upon a budget, and implement the plan. The plan will be comprehensive as to time frame and sources of staffing. NexGenCos looks at the first generation entrepreneur’s career, lifestyle goals, risk tolerance, ongoing needs, and perceptions of the changing needs of their family members. We help our first generation clients articulate the objectives they have set forth and tailor a unique plan to fulfill them. Our main concentration is not the formation or management of family offices, but we provide this services as an often necessary step to achieve the long-term and ongoing attention to issues regarding asset allocation strategies that most families will want to master before undertaking the development of a private equity fund or the pursuit of the acquisition of one or more private companies.