'Family offices are gaining favor among billionaires, entrepreneurs, asset managers, athletes and entertainers alike because of their proven ability to help these ultra-wealthy families more fully enjoy the benefits of exceptional wealth,' - Rick Flynn.
New York, NY / Boston, MA (PRWEB) September 15, 2014
Flynn Family Office (FFO) (http://www.flynnfamilyoffice.com) will sponsor the “Creating an Exceptional Family Office” Conference, hosted by Private Wealth on Monday, September 29 and Tuesday, September 30 at the Hyatt Regency Boston. FFO Partners Rick Flynn, Evan Jehle and Alan S. Kufeld are expected to be among the featured speakers at an event that will draw on the experience and knowledge of an array of family office sector experts to address emerging trends, tactics and best practices in one of the fastest growing segments of the financial services industry.
“Family offices are rapidly gaining favor among billionaires, entrepreneurs, asset managers, athletes and entertainers alike because of their proven ability to help these ultra-wealthy families more fully enjoy the benefits of exceptional wealth – from the fantastic to the philanthropic. Delivering on this promise today – putting the family first – nearly always requires a well-coordinated team of professional advisors representing a wide array of skills and expertise,” said Mr. Flynn, a featured speaker for the conference. “The Private Wealth ‘Creating an Exceptional Family Office’ event is reflective of the growing diversity within the family office sector and offers rare insight into the trends, businesses and personalities shaping our sector.”
Private Wealth Magazine’s “Creating an Exceptional Family Office” Conference (://http://www.fa-mag.com/mfo) is designed for professionals – financial advisors, insurance agents, attorneys, accountants – interested in being as effective as possible in sourcing and working with the very wealthy. Additional sponsors include: Essex Aviation Group, Larkin Point, O’Connor Davies Wealth Services, Seneco & Associates, Starkweather Financial Services Risk Solutions, RiXtrema, and WorldClinic.
“Once dominated by asset management professionals, the family office sector is today the domain of the ‘problem solver’ – that individual that helps the ultra-wealthy family evaluate and address all major life events within the context of a defined family wealth strategy,” said Mr. Jehle, an event moderator. “Nearly every professional group serving populations of ultra-wealthy families can benefit by offering some level of family office services to clients. Though barriers to entry are lower, success can mean prioritizing family goals ahead of enterprise objectives. The Private Wealth conference helps trusted professionals strike a balance between the client service imperatives and managing the family office operation for sustained profitability.”
The third annual “Creating an Exceptional Family Office” Conference is intended for “experienced professionals who want to create a high-end, highly profitable and personally rewarding business.”
“Choosing the right family office structure depends on factors including the financial, lifestyle and philanthropic profiles. Professional athletes and prominent entertainers focused on personal brand development, for example, may gravitate toward the Celebrity Family Office model. Meanwhile, an emerging generation of ultra-wealthy inheritors is more likely than their predecessors to establish a Virtual Family Office structure,” said Mr. Kufeld, a featured speaker at the conference. “Regardless of structure, this event helps participants better align lifestyle and financial objectives while also focusing on advanced planning aspects that help to grow and preserve family fortunes.”
About FFO:
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 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, multi-family 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.
About Private Wealth:
Private Wealth is published by Charter Financial Publishing Network, Private for professionals focused exclusively on meeting the financial, legal and lifestyle demands of ultra high-net-worth clients.