F/B/O Services, Inc.

1. Non-Investment Family Office Operations

We will receive all your financial information – bills, legal agreements, brokerage, and trust statements, etc. – and keep them safe, secure, and organized. We can pay your bills and record your income and ensure that they are handled and accounted for properly under general accounting principles or in accordance with the governing document (i.e., trust and LLC operating agreements, loan documents, estate plans). You will receive reports tailored to you so that it is clear what you own, how much it is worth, what your income and expenses are, and how much is left over.

2. Specialty Accounting Services

We provide finance and accounting on an outsourced arrangement for families and their related businesses, administration of private equity and investment partnerships, as well as various other accounting and tax services. We have broad and deep capabilities with the experience to handle a variety of situations. We maintain an entrepreneurial attitude, willing to take on difficult and non-standard engagements for a variety of entities.

3. Tax Preparation

Tax services are an integral part of our family office services. We are a full-service tax provider with the capabilities to accommodate the most sophisticated arrangements as we are tax and accounting professionals specializing in serving high net worth individuals and families. Helping clients comply while minimizing current and future tax liabilities is our policy. We know that even minor decisions can lead to unwanted tax consequences.

-Our mission is to furnish financial, tax, and administrative services of value to our clients and act as their agents to improve their quality of life, increase their well-being, and give them more time to do what they want to do.

-Our vision is to be the provider of choice for clients so that we can accomplish our mission.

-Our values are to be the model for integrity and excellence for the family office industry.

Clients are assigned a relationship manager with direct report assistants supported by supervisory and tax personnel.

One who understands the value of having their personal financial affairs handled in a competent and professional manner in the same fashion that a well operated commercial enterprise handles its accounting, administrative and tax matters.

1. We focus on serving exclusively individuals, families, and their related interests and are not distracted by serving other commercial or industrial companies.
2. We are strictly a service provider and do not manage investments, are not a registered investment advisor, nor do we sell products and are free of conflicts.
3. We have evolved from a single-family office of one of the wealthiest families in the US that was formed around the turn of the 20th century, converted it to a multi-family office in 1978, and evolved to our present form being incorporated in 2003 and drawing on the model, knowledge, and experience obtained from those many years of evolution. 

Formal educational presentations on:

Family office services

Fundamental accounting and tax concepts

Understanding financial statements and reports

Essential accounting and tax matters regarding foundations

Understanding trusts – concepts, operations, and taxation.

Informal education consists of client meetings that include the explanation and review of prepared reports. Our experience is that once the client learns the format and meaning of the tailored reports presented the reports become an indispensable part of the understanding and management of their financial affairs.

All of our staff have at least a bachelor’s degree, others have CPA, MBA, graduate or law degrees.