Family Office Services

Womack Business Management provides dedicated family office services for ultra-high-net-worth individuals and their families. By serving as personal Chief Financial Officer and advisor, we free our clients to focus on family, lifestyle and careers.

 

BUSINESS CONSULTING & COORDINATION

  • Strategic business planning

  • Business Formation and Entity Selection

  • Loan-out corporation set up and administration

  • Business banking, debt and lending analysis

  • Corporate compliance and administration

  • Business operations and work flow consulting

  • Risk management and insurance oversight

  • Business succession planning

  • Employee and executive benefits consulting/tracking

  • Employer retirement/benefits plan consulting and implementation

  • Staff selection assistance

  • Banking and credit relationship management

ACCOUNTING & BOOKKEEPING SERVICES

  • Statement preparation: profit & loss, balance sheet, cash flow, general ledger

  • Cash Flow Analysis and Budget Projections

  • Accounts receivable/accounts payable tracking

  • Bank and credit card statement reconciliation

  • Payroll administration and payroll tax payment processing

  • Residual and royalty tracking

  • Asset and Intellectual property tracking

 
 

LIFESTYLE SERVICES

  • Assistance with major purchases and financing (real estate, capital equipment, autos, aircraft, yachts, office leases, etc.)

  • Residential property management, construction coordination, and staffing

  • Estate, yacht and aircraft management and staffing coordination

  • Placement and coordination with outside private travel and concierge services

  • Personal risk management and insurance oversight

  • Client employee staffing assistance, research, interview, screening, background checks and payroll

  • Critical/permanent document storage (ID's, trust documents, insurance policies, birth certificates, etc.)

  • Privacy management coordination, personal security management and consulting, private investigation (with outside providers)

 

ESTATE PLANNING

  • Family legacy planning

  • Philanthropy and foundation consulting/management

  • Critical documents tracking, record keeping and archiving

  • Asset protection

  • Gifting strategies

  • Coordination with trust and estate attorneys

 

WEALTH PLANNING & INVESTMENT MANAGEMENT

  • Assistance in defining goals, concerns and priorities; financial plan design

  • Asset, debt cash flow, net worth, projected earnings and expenses

  • Risk management including a review of ownership structures (trusts, LLC’s, LLP’s, family limited partnerships, corporations, etc.), insurance analysis (health, long-term care, life)

  • Retirement income planning 

  • Education expense and investment planning 

  • Analysis of employee benefits provided by client's employer 

  • Design of employer benefits program for client business owners

*Wealth management services available through separate engagement with Womack Wealth Management, an SEC Registered Investment Advisor

PERSONAL & CORPORATE TAX PLANNING

  • Tax preparation planning

  • Tax payment/schedule compliance

  • Coordination with outside CPAs and tax attorneys

  • Coordination with foreign tax professionals on tax returns, filings and planning

 
 

MAIL & BILLPAY SERVICES

  • Home address confidentiality; centralized mailing address for listings, delivery and billing

  • Mail reception, processing, storage and forwarding

  • Online access to digital copies of mail

  • Bill preparation services and forwarding of checks for client signatures

  • Bill paying services, POA/signatory services

  • Online access to bill images for client approval

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Information on this website should not be considered financial advice. Please speak with an investment adviser. © 2017 by Womack Wealth Management, Inc.