Family Offices

A network of influence

Boston clients know the value of heritage. Ours began as a single family office which has served generations.

We have built our history and reputation by taking the time to know our families, to understand and protect their legacies and align ourselves with their ambitions.

Our family office clients are at the centre of a global community of highly qualified attentive professionals. Supported by expert advisors with key market specialties, and using a single point of contact with a dedicated Client Relationship Manager, we give you the confidence to make informed and incisive decisions as guardians of your family wealth.

We do this because we too are entrepreneurs. We embrace change and innovation, and simplify financial complexity with services which extend beyond asset management to encompass an entire way of life.

Why choose a multi-family office?

  • To create a single, confidential point of coordination and control for your family affairs
  • To guard against succession and control challenges
  • To navigate increasingly complex international tax laws
  • To provide cost efficiencies and eliminate conflicts of interest between advisors

Working with Boston Multi-family office

Every family office client is unique. Direct interaction with our Chief Executive and the senior management team ensures that our multi-family office services meets your specific ambitions, whilst a dedicated Client Relationship Manager is appointed to provide a single point of contact for our future together.

As an independent business, we offer truly impartial advice and services to our clients. Our heritage as a successful family office has afforded us a profound understanding of the challenges and opportunities inherent in managing wealth over multiple generations.

Family governance & liaison services

We work with you and where applicable your existing family office and advisers to deliver an integrated service. We utilise the full range of skills and services at our disposal, resulting in optimum performance in every aspect of the development and maintenance of family governance.

Consolidated reporting

We provide consolidated reporting to give you a single point of control for the organisation of your affairs.

Fiduciary services

With a diverse team and an international trusted adviser network, we bring years of experience and expertise on all aspects of fiduciary matters including the administration and management of investment vehicles such as trusts, foundations and companies as well as the management of luxury assets such as yachts, aircraft, cars and art. We source legal advice and representation, to assure you of a confidential, flexible and rigorous solution to the challenge of protecting and preserving family wealth.

Financial and insurance planning

We undertake reviews of your existing cover and commission new policies from underwriters to ensure that family assets are efficiently covered and that contingency financial arrangements are in place.

Philanthropic activities

Our services include research and advice, development, implementation, and the evaluation of family and independent foundations, charitable or professional trusts and individual gifts or sponsorships.

Estate planning

Comprehensive estate planning is vital to make sure that the family estate is passed down to the family members intact and that the family wealth is preserved for future generations. We will make sure that the most appropriate structures are in place and act as executors and administrators if required.

Personal cash flow management

Whatever assistance is required, from setting up bank accounts, managing standing orders and other regular transfers to providing information on monthly budget and expenses, our financial experts are on hand to ensure everything runs smoothly.

Domestic bill paying and payroll services

We understand that time is an extremely valuable resource for entrepreneurial families and that administrative tasks, while important, can be a drain on that time. Let us manage day to day domestic expenses and co-ordinate domestic tasks on your behalf, leaving you free to devote your energies to your business and private life.

Concierge services, private travel and residence management

Our highly responsive staff can assist you and your family with everyday lifestyle requirements, from travel, shopping and bill management to sourcing domestic staff. Our personal service is as unique as your requirements, leaving you free to focus on what is important to you.

Family constitutions and policies

The management and distribution of family commercial wealth can be a sensitive undertaking which requires confidence, professionalism, and care. Our independent family constitutions and policies can ensure the below items are taken care of, leaving you and your family to continue on a shared vision for continued success.

  • the aims and objectives of the business,
  • the areas of responsibility of different family members,
  • procedures for employment of non-family members,
  • share dividends, voting control, power structure,
  • succession planning and
  • meetings and dispute resolution process.

Maintenance of family governance structures

No matter how elaborate, our eye for the bigger picture will ensure that the family business continues to be structured in the best way to meet its ambitions. We help family members understand the precise function and operation of the business, its composite parts and their role in its continued success. We can facilitate meetings of the Board of Directors, Family Council, and Shareholder Assemblies, or coach younger family members in the principles of wealth stewardship or directorship.

Succession planning

You have worked hard to provide for your family’s future. We can establish asset protection and succession planning structures to ensure your wealth is preserved for future generations.

Risk management

This can be a complex area depending on the size of the family, the structure of the family business and the roles different family members may play. Our comprehensive services cover fact-finding, troubleshooting, facilitation, and assistance with amendments to the family constitution and other business documents.

Reputation management

At Boston, we understand the importance of stature and confidentiality. Our reputation management services include internet audits of family members, crisis management strategy, and policy development, plus advice and training on internal dispute resolution and public relations.

Property and land management

We offer comprehensive property and land management services and representation at every stage of the process including sourcing and acquisition, advice on and implementation of the best ownership structure, identifying and managing appropriate servicing and maintenance contractors, optimum utilisation, and leveraging of the asset as well as best practice on sale or disposal.

Yacht and aircraft registration

We are experts in establishing and managing yacht ownership structures across multiple jurisdictions and offer full fiduciary and financial services for the ownership structure, including full administration and accountancy services, VAT registration and administration, arranging importation, and registration services as required.