Banwart Strategies LLC


Your family office – more than just managing finances

Is your family office working for you? If you're only getting support with accounting and investments, you may be missing out on an opportunity to improve your business and put your family on the road to a more secure and prosperous future.

It's my firm belief that a family office should handle much more than your finances. The family office should bring the owner outside ideas and fresh perspectives – and when it's necessary, provide a helpful nudge in the right direction. Effective family offices can furnish reliable support in a variety of important areas:

  • Acting as a catalyst for family relationships and family unity
  • Educating the family on how to live with its wealth
  • Helping the family form a governance structure that will ensure the longevity of the family office
  • Lending insights on the family’s strategic and cultural issues
  • Finding and retaining competent advisors
  • Assisting with the implementation of outside boards
  • Ensuring the family has access to the best healthcare not only at home, but wherever it travels.
  • Establish a risk-management process that identifies and plans for the preservation of all assets.