“Together, Alan, Rob and John combine technical expertise and deep industry knowledge with a rare ability to shed light on the trends and tactics shaping best practices," said Rick Flynn, Managing Partner at FFO.
New York, NY (PRWEB) July 02, 2014
Flynn Family Office (“FFO”) (http://www.flynnfamilyoffice.com), an independent family office and business management solutions firm serving ultra-wealthy individuals and families, and their advisors, today announced the addition of two Partners. Alan S. Kufeld and Robert S. Levin, both formerly of the Rothstein Kass Family Office Group, have joined FFO to provide tax, advanced planning and asset protection strategies to ultra-high-net worth clients including hedge fund managers, entrepreneurs, athletes, celebrities and ultra-wealthy inheritors. Mr. Kufeld and Mr. Levin are reunited with Managing Partner Rick Flynn and founding Partner Evan Jehle, who launched FFO last month to help clients more fully enjoy the benefits of exceptional wealth by creating customized and scalable solutions to meet all financial and lifestyle goals. FFO also announced that John T. Sheridan has joined the firm as a Director. Mr. Sheridan was previously a family office governance and tax specialist for a private single-family office for more than 20 years.
“The FFO team operates in a booming sector where roles are seldom defined by titles. Because of this, our Partners are adept problem solvers, aligning and managing firm resources and networks of elite service providers and affiliates for optimal results. Even as our capabilities have grown, advanced planning and tax mitigating strategies have remained a central component of nearly all of the customized family wealth strategies we have designed,” said Rick Flynn, Managing Partner at FFO. “Together, Alan, Rob and John combine technical expertise and deep industry knowledge with a rare ability to shed light on the trends and tactics shaping best practices. They start by helping clients understand how each aspect of the family wealth strategy – from the entrepreneurial to philanthropic – is connected to these efforts. As innovators in the space, our team allows ultra-wealthy families adopt and maintain a family office governance model that best supports all plan aspects and processes.”
FFO offers customized family office and business management strategies that provide clients with the infrastructure, expertise and discretion required to achieve long-term financial and lifestyle objectives. The firm’s proprietary model encourages clients to evaluate all major life decisions within the context of a defined long-term strategy, often aligning and managing third-party service provider relationships to maintain consistency in purpose and actions. FFO best practices are shaped by a longstanding commitment to industry research and analysis. As an independent firm, FFO does not manage or allocate assets, allowing the firm to provide objective and unbiased advice and analysis to its clients.
“As part of an award-winning team of family office, business management, tax, accounting and wealth management professionals, we have helped dozens of ultra-high-net worth families protect family fortunes, preserve legacies and build personal brands. Tax efficient strategies, advanced planning tactics and asset protection may not be the most glamorous things we do at FFO, but they are consistently among the most essential to our clients. While most family office structures focus solely on investment management functions, FFO has created a unique and proven model for sustainable success as trusted advisors within the space, ” said Mr. Kufeld.
Alan S. Kufeld, CPA, MST, is a Partner at FFO and a respected authority on family office sector trends and advanced planning strategies. Mr. Kufeld specializes in wealth preservation and income and estate tax planning strategies for ultra-high-net worth individuals and families, including hedge fund managers, entrepreneurs, athletes and entertainers. The perspective gained through more than 17 years of related experience allows Mr. Kufeld to help clients minimize overall tax obligations and preserve capital for future generations. Mr. Kufeld’s focus on tax-efficient asset transfer enables families to achieve long-term goals from the financial to the philanthropic, including planned giving, charitable lead and remainder trusts and family foundation strategies.
Prior to joining FFO, Mr. Kufeld was a Principal in the Rothstein Kass Family Office Group. He was previously a managing director in the tax department at RSM McGladrey in New York. Mr. Kufeld is a frequent speaker and lecturer for tax professionals and organizations such as the Financial Planning Association (FPA), and has dozens of articles for professional publications.
Mr. Kufeld earned a Bachelor of Science degree in accounting from Brooklyn College and a Master of Science degree in taxation from Pace University. He is a member of the New York State Society of Certified Public Accountants (NYSSCPA) and the American Institute of Certified Public Accountants (AICPA). Alan is a certified public accountant in New York.
Robert S. Levin, CPA, MST, is a Partner at FFO specializing in income and estate planning, wealth preservation and compliance strategies pertaining to federal and local tax matters impacting ultra-wealthy individuals and families. Mr. Levin’s experience spans industry segments including financial and professional services, garments and textiles, entertainment and technology. Areas of specialization include estate planning matters for family partnerships, charitable entities and high-net-worth families as well as assisting ultra-wealthy families in minimizing their overall income tax burden by planning for multiple generations.
Mr. Levin was previously a Senior Director in the Rothstein Kass Family Office Group. Prior to that, he was a senior manager in the tax department at a national accounting firm in New York.
Mr. Levin is a member of the New York State Society of Certified Public Accountants (NYSSCPA), the New Jersey Society of Certified Public Accountants (NJSCPA), and the American Institute of Certified Public Accountants (AICPA). He earned a Bachelor of Science degree in Business Economics and Accounting from the State University of New York at Oneonta and a Master of Science degree in Taxation from Pace University.
John T. Sheridan, CPA is a Director at FFO specializing in family office governance, management, estate planning, income tax planning and compliance. He uses his twenty plus years of experience to achieve the business, estate planning and charitable goals of ultra-wealthy families. Mr. Sheridan is an authority on family office governance, tax planning and compliance, and generational wealth transfer strategies. Previously, Mr. Sheridan served as the Senior Tax Manager for a Single-Family Office in the United States. He is a member of the New Jersey Society of Certified Public Accountants, (NJSCPA) and the American Institute of Certified Public Accountants (AICPA). He earned his B.A. in Economics and Accounting from College of the Holy Cross in Worcester, MA.
FFO is the premier family office and business management company serving ultra-wealthy individuals, families and their advisors. The award-winning FFO team puts families first, creating adaptable and scalable solutions that allow our clients to more fully enjoy the benefits of exceptional wealth.
FFO solutions encompass both financial and lifestyle goals, reinforced by a decade-long commitment to research and analysis into the trends and developments impacting ultra-wealthy individuals and families. Working with dynamic and sophisticated clients including billionaires, entrepreneurs, athletes, artists and entertainers, the FFO team is at the forefront of industry innovation as pioneers of the Outsourced Single-Family, Outsourced Multi-family Office, Celebrity Family Office, Virtual Family Office and Outpost Family Office models.
Headquartered in New York, FFO is fully independent and does not manage or allocate client assets. FFO often partners with single-family offices, multifamily offices and other professional teams serving ultra-high-net worth clients to provide comprehensive client solutions, including estate and tax planning, concierge, healthcare and personal and family security.