EXPERTISE /

FAMILY OFFICE

FAMILY OFFICE SERVICES

A common thread among all our clients is the desire to focus on what’s most important to them. That’s where our team can make a big impact with the gift of time and peace of mind.

Our clients represent a broad spectrum – including families, individuals, closely held businesses, private foundations, and Single Family Offices. Seiler’s San Francisco Bay Area-based Family Office group manages many financial and administrative details that would otherwise consume our client’s time, freeing them to focus on their top priorities.

Creating a Family Office can mean a lot of different things. At Seiler, it means finding the focus among each client’s financial and administrative needs to create smooth processes for each individual family or entity.

The Seiler Difference

Serving Families with Highly Complex Financial Worlds

Trust is key with any financial partner, and especially so for families whose net-worth ranges from tens of millions of dollars to several billion dollars. With greater complexities involved, our clients entrust us to help manage day to day tasks, including bill pay, payroll, and Human Resources, as well as financial reporting and oversight.

On-Demand Expertise

Our team deals with complex issues in the ultra-high-net-worth arena every day. While some matters might arise only once in a client’s lifetime, we deal with those same matters regularly and have a range of experiences to draw from.

Á La Carte Offerings

No two of our clients are alike, and we don’t expect them to be. Every engagement is highly tailored to what our clients need, and our services are scalable. We can serve as a fully outsourced provider to a high-net-worth family or provide a complement to an existing Family Office, business, or non-profit infrastructure.

Independent Advice

We don’t manage assets, oversee investments, sell insurance, or provide legal services. This frees us to focus on what we do extremely well: outsourced personal financial and administrative management and oversight.

Integrated Support

With nearly six decades of experience serving ultra-high-net-worth families and individuals, Seiler’s San Francisco Bay Area-based Family Office team has the ability to leverage the entire firm’s world-class expertise in tax, advisory, audit, and litigation support services. No matter what issues crop up, you’ve got the backing of an entire team of professionals.

Explore Our Family Office Services

For individuals, we can serve as a personal Chief Financial Officer + staff, overseeing and coordinating all aspects of a client’s complex world. We walk alongside our clients through major life and financial events, such as marriage, starting a family, complex liquidity events, asset and real estate acquisition, business succession, retirement, wealth transfer, and many others.

For multi-generational families, in addition to providing all the benefits of an outsourced finance department for the family, we provide advice and education around intricate family matters with intelligence and sensitivity. We can help facilitate family meetings, assist in the education of heirs about the family business and finances, as well as work with your other advisors to help a family establish and realize their legacy goals.

For Single Family Offices, we offer a phalanx of specialists who can take on interim coverage, due diligence projects, internal controls implementation and assessments, and other special projects that might otherwise exceed a Single Family Office’s current resources.

Service Offerings

Bill Pay, Budget Creation and Cash Management

  • Financial / spending reports
  • Budgeting and forecasting
  • Bill payment and cash management
  • Consolidated financial reporting, including personal financial statements and reports
  • Comprehensive tax package preparation
  • Accounting for direct private investments, including recording capital calls, distributions, tax basis and fair market value

Payroll and HR Administration

  • Household, family office or small business employee payroll, benefits and HR administration
  • Assistance with recruiting and staffing, background checks, staff meetings and employee evaluations administration

Partnership, Small Business, and Private Foundation Accounting

  • Specialized accounting for complex family partnerships and holding structures
  • Accounting, bill pay, and month-end close for small businesses
  • Grant administration, accounting, bill pay, and external audit support for private foundations

Trust and Estate Planning

  • Working with legal counsel and tax advisors to establish and maintain charitable remainder trusts, private foundations, and other structures
  • Implementing wealth preservation, philanthropic, and family legacy goals
  • Comprehensive reports for estate and business succession planning

Fine Arts, Aircraft & Other Vehicle Ownership

  • Coordinating financing, leasing v. buying analysis, and tax considerations
  • Assistance with valuations for insurance, donation, and tax purposes
  • Analysis of forms of partial aircraft, watercraft, and yacht ownership

Real Estate

  • Assistance with real estate purchases, sales and/or exchanges in the U.S. and abroad
  • Working with legal counsel and county tax assessors to appeal real property tax valuations
  • Budget, cost basis, and vendor management for personal real estate projects
  • Advisory on rental property finance and operations

Insurance Reviews and Risk Management

  • Liaising with brokers to help ensure adequate coverage and coordinating with agencies when losses occur
  • Obtaining insurance for overseas travel, or other specialized coverages

Internal Controls & Special Projects

  • Analyzing internal operations and providing recommendations for families who manage their wealth internally
  • Assisting with a range of other special projects, including identity theft protection best practices recommendations and continuity of interest