Family Office
A family fortune almost never sits in one place.
Part of it sits in the business, or in what selling it brought in. Two or three banks each hold a portfolio. Private equity and private debt still have years to run. Then there is property, stakes in companies, and a structure that has grown along over the years.
Every part has its own adviser and its own reporting. You see each piece and never the whole.
That is the whole we bring together. We are independent of banks and not tied to a single product range. The parties that currently hold your wealth do not need to change for that. We follow performance, risk and cost, set parties side by side and assess whether they keep doing what they were appointed to do. If another party is demonstrably better suited, we put that option on the table.
You decide on the whole, not on separate pieces.
Where it starts
It usually starts with an event: the sale of a business, an inheritance, a move across a border or children growing up. Suddenly what matters is not just what each part does on its own, but whether the whole still adds up.
For one family it is mainly return, spread and cost; for another it is structure, privacy, succession or the next generation. Often everything plays at once, but not always in the same proportion.
What needs attention differs from family to family.
In practice
Our service consists of four parts that build on one another. The overview is the starting point for the investing, the investing has to fit the structure, and the structure decides how the handover runs. Which of them you need, and in what order, follows from that first conversation.
Overview and administration
Your entire wealth comes into a single report. Portfolios at different banks, private equity, private debt, property and stakes in companies sit side by side, on the same basis and with the same reporting date. The illiquid part is where the work is, with calls and distributions running through the year and valuations that lag by months. That shows what the wealth does as a whole. Not only what each part reports on its own.
Investing and managers
That picture is the starting point for what gets invested. We advise on your strategic asset allocation and select, where needed, suitable managers and specialists for the different parts of the wealth. We follow them on return, risk and cost, and on whether they do what was agreed. Investment proposals, funds and direct investments we assess together with you. As a family office we assess the overall situation; the asset management itself does not have to be carried out by Andreas Capital.
Structure and agreements
What gets invested has to fit the structure the wealth sits in. Where that needs attention we guide the process and align the advisers, banks and custodians involved. If you want to set down how decisions are made and why, we support a family charter or investment charter, together with the legal, tax and other advisers that requires. For specialist questions, such as private equity or property, we bring in parties from our network.
The next generation
A structure settles ownership. Handing it over is about people. We help set up a family council and organise a family day. And run programmes in which the next generation gains insight into the wealth, the choices behind it and the responsibilities that come with it. On philanthropic questions we guide the process too, ourselves or together with suitable specialists.
Our family office services are generally aimed at wealth from around €20 million. It is not the size of the wealth that decides whether it makes sense, but the number of parties, structures and arrangements involved.
Is your question mainly about the investing itself? Then see our Wealth Management services.
And how it runs
Mapping it out
We map what there is, where it sits, how it is invested and what the wealth has to do for you and your family. That produces one complete picture as the starting point for the choices that follow.
The plan
From that overall picture we set objectives, horizon, liquidity needs, asset allocation and the structure that fits. That plan becomes the yardstick for every decision that follows.
Putting it in place
Existing banks and managers can stay; where needed a party is added or leaves. Everything is connected to our administration, with the same yardstick for everyone. You receive one report on the whole.
Keeping it current
From then on we keep watch on whether each party does what was agreed and what new proposals or tax and legal changes mean for the total. Capital calls, distributions and information requests we take off your hands. If something changes in the family or the market, we adjust the plan and the structure.
Where it leads
You have one point of contact, with our team and the external parties involved behind them. You no longer have to gather reports yourself and reconcile them against each other. Agreements and accumulated knowledge are recorded and hold, including when markets turn or the wealth passes to a next generation.
Every family is different. So the conversation starts with your situation and not with our offering.
or call +352 87 82 971