Multi-Family Office
One team holding the whole picture
For families with more than $10 million in investable assets, where the difficulty is no longer any single decision but the number of them that interact.
Who this is for
A multi-family office coordinates every part of a family’s financial life through one team. MTP Private Wealth at Farther built its own for families above $10 million in investable assets, where investments, tax, estate, risk, and administration have stopped being separate projects and nobody is reconciling them.
The problem at this level
Nothing is missing, and nothing quite fits together
Every part covered. None of them joined.
Families with this much on the balance sheet rarely lack advisors. They have a CPA, an estate attorney, two or three brokerage relationships, an insurance agent, and a property manager. Each one is competent inside their own boundary.
The gaps live between them. A trust funded in a way that undercuts the tax plan. An entity nobody has reviewed since it was formed. Two portfolios holding the same concentrated exposure because neither manager can see the other. Insurance purchased for a balance sheet from a decade ago.
Our job is that space. We inventory what exists, find the inefficiencies, and take on the coordination so the family stops being the integration layer between its own advisors.
Scope
What the engagement covers
Not every family uses all of it. The engagement is built from the pieces you actually need. Open any area for the full scope.
Investment and portfolio management
Custom portfolio construction, tax-aware investing, alternatives and private market due diligence, concentrated stock strategy, liquidity planning, and consolidated performance reporting across every account.
- Ongoing investment management
- Custom portfolio construction
- Investment fee audit
- Tax-efficient investing
- Alternative investment access
- Real estate investment strategy
- Private equity and private credit due diligence
- Concentrated stock management
- Liquidity event planning
- Cash flow and liquidity management
- Performance reporting and benchmarking
Tax strategy and coordination
Multi-year projections rather than annual returns. Loss harvesting, Roth conversion analysis, charitable timing, Opportunity Zone and QSBS questions, estimated payments, and direct work with your CPA.
- Proactive tax planning
- Multi-year tax projections
- Tax-loss harvesting
- Roth conversion analysis
- Charitable tax strategies
- Opportunity Zone planning
- Qualified Small Business Stock (QSBS) planning
- Estimated tax coordination
- CPA collaboration and oversight
- Tax document organization
Estate and legacy planning
Coordinating the plan your attorney drafted: trust structure, wealth transfer timing, gifting, generation-skipping questions, beneficiary and titling review, and business succession.
- Estate plan coordination
- Trust review and optimization
- Estate flow mapping
- Wealth transfer strategies
- Family gifting strategies
- Generation-skipping planning
- Business succession planning
- Beneficiary reviews
- Asset titling review
- Family governance
Risk management
Reading the coverage you already pay for. Umbrella liability, life and disability, long-term care, property and casualty coordination, asset protection structure, and personal cybersecurity.
- Insurance review and optimization
- Umbrella liability analysis
- Life insurance evaluation
- Disability insurance review
- Long-term care planning
- Property and casualty coordination
- Asset protection strategies
- Cybersecurity guidance
- Identity theft protection resources
Business owner advisory
Exit and succession planning, executive compensation and equity decisions, buy-sell agreement review, corporate cash management, and the company retirement plan.
- Exit planning
- Succession planning
- Executive compensation strategies
- Equity compensation planning
- Buy-sell agreement review
- Corporate cash management
- Retirement plan consulting
- Corporate benefits review
- Key person insurance analysis
Family office administration
The personal CFO work: household cash flow, bill pay coordination, net worth tracking, a document vault, record keeping, and managing the other professionals in your life.
- Personal CFO services
- Household cash flow oversight
- Bill pay coordination (optional)
- Consolidated balance sheet reporting
- Net worth tracking
- Document vault
- Family meeting facilitation
- Coordination among attorneys, CPAs, bankers, and insurance professionals
- Financial organization and record keeping
- Major purchase analysis
Philanthropy
Giving strategy, donor-advised funds, private foundation consulting, charitable trusts, and deciding what the family wants its giving to accomplish.
- Charitable giving strategy
- Donor-advised fund management
- Private foundation consulting
- Charitable trust strategies
- Family charitable mission planning
- Impact investing
Next generation
Preparing adult children for what is coming. Financial education, family meetings, inheritance conversations before the inheritance, and planning for young professionals with their own careers.
- Financial education for children and grandchildren
- Family meetings
- Inheritance preparation
- Trust beneficiary education
- Young professional financial planning
- Wealth stewardship coaching
Private investments are available only to qualified clients and involve risks, including the potential loss of the entire investment, limited liquidity, and limited transparency.
How it begins
A confidential inventory, before anything else
The first engagement is a full picture of what the family owns, owes, and has promised: accounts, entities, property, partnerships, insurance, trusts, and the documents behind them. Most families have never seen all of it in one place.
From there we produce a list of what is inefficient, what is exposed, and what is simply out of date, in the order we would address it. You are free to take that list elsewhere. Plenty of families use it to decide whether they want a family office at all.
Common questions
Questions families ask
Below roughly that level, the coordination work here costs more than it returns, and our private wealth service covers the same ground more efficiently. Above it, the number of moving parts usually justifies a team whose job is holding them together.
Scope and administration. Private wealth covers planning, investments, and tax coordination. The family office adds the operational layer: bill pay coordination, consolidated reporting across entities, document management, family governance, and managing the other professionals.
No, and we would rather you kept them. Families at this level usually have advisors they trust. What is often missing is someone whose job is making sure those advisors are solving the same problem, which is the role we take.
Yes. Reporting and planning cover the whole balance sheet, including accounts, entities, and property we do not manage. A partial picture produces bad advice, so we would rather see all of it.
Next step
Start with a confidential conversation
Nothing formal, and nothing shared. Tell us how the family is structured now and we will tell you honestly whether this service is worth it for you.