Family Offices

Outsourced Chief Investment Officer

We serve as an objective fiduciary to oversee, advise and provide services on the family’s overall investment portfolio, ranging from real estate, private equity, loans, and other non-traditional investments.

Our services include:

• Determine cash flow and/or total return needs by entity and/or family member
• Develop overall investment strategy approach
• Create investment policy statements for each family member
• Oversee all investment accounts regardless of institution
• Provide deal due diligence on all real estate and private equity transactions
• Deliver aggregated investment reports
• Source of debt and equity for real estate and private equity related transactions
• Provide asset management of real estate and private equity

Outsourced Chief Financial Officer

ExCel can serve as your independent head accountant, managing all aspects of the family’s financial operations, including cash management, financial reporting, income tax compliance, expense monitoring, financial statement reviews and annual budgets.

Our services include:

• Produce income statements, balance sheets, cash flow schedules
• Reconcile all investment accounts
• Manage accounting and reporting for cash and liquidity
• Produce custom and tailored financial reports
• Manage income tax reporting and compliance
• Construct annual budgeting
• Conduct expense reconciliation and maintain cost control

If you believe it’s time to formalize an entity to best manage the financial, investment, income and tax planning needs of multiple family members, we can offer insightful counseling on how to begin and implement a family office. Our 20+ years of experience inform our approach to best practices and can enhance your efforts to launch your office.

With personal G2 experience, ExCel's principals understand firsthand the importance of family governance and the role of managing family dynamics. We have counseled families for more than two decades, providing insights into organizing the family office’s structure, developing a family mission statement, and conducting effective family retreats.

We specialize in educating the next generation about wealth responsibility and financial literacy. We have developed a proprietary curriculum that is distinctive for its approach to integrating knowledge about planning and investing with insights about behavior and dynamics.

Our active approach to managing assets seeks to allow you to better predict income and protect the built-in gains of the portfolio. With a proprietary process and investment philosophy, we use innovative and proven investment strategies in equity, fixed income and derivatives markets in pursuit of differentiated, risk-adjusted returns. With nearly 40 years of combined experience, we actively manage strategies to deliver what a modern portfolio should be designed for: enhanced cash flow and returns in almost any market condition.

There are viable pre-event planning strategies for family offices using solutions that can minimize ordinary income and capital gains tax. This planning is highly customized and impacted by specifics, such as entity structure and timing.

Whether planning for a one-time liquidity event or preparing for a transition of wealth through succession planning or estate planning, we have a deep knowledge of best practices.

Our planning process can also help you to gain consensus from family members, despite complexity of the issues and your particular life circumstances.

• Transition planning services
• Tax planning/pre-event liquidity planning for business owners
• Business succession planning strategies
• Estate planning
• Wealth transfer

Proper estate planning ensures a smooth transfer of wealth to the next generation that reflects the values and mission of the family. These are often very challenging and sensitive matters because they involve money, real estate, or family businesses.

Families come to us to help navigate the complexity of these matters, and to ultimately design an estate plan that is aligned for success. We begin with a unique discovery process that enables us to get to the root of your family’s dynamic, relationship to wealth and various needs. We then help you to create a legacy plan that is detailed, equitable and reflects the uniqueness of your family.

It is important to note that our work does not end once your estate/legacy plan is complete. On the contrary, we have found it all too common for families to put their plans on a shelf and leave them untouched until there is a major life event. We do not let that happen. We prefer to stay connected with your family and advisors to ensure that plans remain current and up to date.

Ultimately, it is our goal to make sure that you and your family are properly prepared for life events and are proactively managing current and future tax burdens.