Family Office

Roster of Family Office Solutions

We function as a ‘family office’ for many of our clients, who rely on us for end-to-end management of their complex financial affairs. In this capacity, we offer:

Who is overseeing your full financial picture?

It is estimated* that close to $60 trillion dollars in wealth will transfer from one generation to the next over the next four decades. More and more, these assets are being transferred via trusts, partnerships, direct gifts, and other vehicles of transfer during the lifetime of wealth holders.

For many of our clients, this remarkable fact makes estate planning a ‘here and now’ issue. In fact, estate planning may be the focal point of your full financial picture. What will your legacy be? And, how will you execute on your vision so that it will become the reality you intend?

Providing for your children or grandchildren is often an objective of the estate plan. Ensuring a comfortable retirement, and preserving your wealth is also an important estate planning goal for many.

*Source: Boston College Study, 2014

Concierge Services

Through our relationship with Commonwealth Financial Network, we can deliver high-end concierge services for a variety of needs, including:

We become part of your team, working with your existing financial team during the planning process and throughout the life of our relationship with you and your heirs. We employ an extensive discovery process and take the time to listen to your needs, wishes and plans for your legacy. We also help to address any concerns about changing family dynamics such as disability, incapacity, divorce, aging, death and blended family issues. In other words, we take a holistic approach in viewing and evaluating your current situation, in order to design solutions that are specific to your life, hopes and aspirations.

Charitable Giving Strategies

We understand that you, and people like you, give for many reasons. Maybe you have been moved by someone’s story, want to memorialize someone or leave a legacy that perpetuates your cause. Or maybe it’s a tradition in your family.

Whatever the reason that leads you to give — through our relationship with Trust Companies, we can help you set up the right option to start a legacy of giving and help you achieve your philanthropic goals.

Through our Trust Companies, we can help you maximize your giving power by implementing one or more of these options: Trust Charitable Giving Program, a Charitable Remainder Trust or a Private Family Foundation.

Special Needs Planning

What will happen when you're no longer able to care for your dependent?

The single most important issue on the mind of caregivers of a dependent with special needs, regardless of the dependent's age, is what will happen to my dependent after I'm gone?  Who's going to look after my dependent's best interests?  Who's going to step into my shoes?  Will my dependent be happy, healthy, and secure?
Yet, many caregivers are not familiar with the steps needed to plan for lifetime financial assistance for their dependents with special needs.

Planning today can help with recovery from the unexpected tomorrow, and give you and your family confidence knowing your loved one will continue to have the quality of life they deserve.
At Preferred Financial Partners, we seek to help families plan for the future of their dependents with special needs by providing education and possible financial solutions, which can help you provide a lifetime of quality care.