family_office_wellness - SeventyTwo.au

Family Office Wellness

Engagement Overview

How can we help?

Our integrated approach delivers the difference for family office clients .The purpose of this overview is to provide a summary of the Family office wellness offering,services and insights to understanding your strategy and how it is being executed

Current state

Baseline assessment of
structure and protfolio

Investment objectives

Alignment with vision and
values,future-proof legacy

Performance to plan

Resource gaps plans to
actual and roadmap

Implement

Baseline assessment of
structure and protfolio
Creating a successful Family Office requires strategic planning and design.With our focus on Family Office worldwide,we can facilities optimal outcomes where a strong alignment in strategic objectives existsCreating a successful Family Office requires strategic planning and design.With our focus on Family Office worldwide,we can facilities optimal outcomes where a strong alignment in strategic objectives existsFamily businesses have the characteristics and capabilities needed to claim the sweet spot where competence and ethics converge,personal values and business purpose drive decisions,and long-term sustainable outcomes are non-negotiables.

we provide a holistic diagnostic that reviews strategic planning,services provided,processes controls,technology and Family Office glovernance.Our recommendations support your family’s legacy,improving efficiency and reducing the family risk.

Our integrated approach delivers the difference for family office clients .The purpose of this overview is to provide a summary of the Family office wellness offering,services and insights to understanding your strategy and how it is being executed

Current state

Baseline assessment of
structure and protfolio

Investment objectives

Alignment with vision and
values,future-proof legacy

Performance to plan

Resource gaps plans to
actual and roadmap

Implement

Baseline assessment of
structure and protfolio

Creating a successful Family Office requires strategic planning and design.With our focus on Family Office worldwide,we can facilities optimal outcomes where a strong alignment in strategic objectives exists

Family businesses have the characteristics and capabilities needed to claim the sweet spot where competence and ethics converge,personal values and business purpose drive decisions,and long-term sustainable outcomes are non-negotiables.

What sets us apart…

we’re a boutique firm partnering with Family Offices for over 30 years.Our global reach and local focus allows
us to come to you, wherever we’re needed,with the skills and experience required to add tangible value.

We bring the know-how from Winterbotham who specialise in multi-generational wealth management and cross-border structuring

Our strategy practices has a proven track record in developing and implementing strategies and delivering optimal outcomes for Family Offices, family businesses,listed and unlisted companies

We offer bespoke solutions based on the specific situation,jurisdition and needs of the family.

We provide access to an ‘evergreen’ global ecosystem – linknig you to a cohort of Family Offices and associated businesses and investment opportunities worldwide

Future-Proofing your wealth strategy

Wealth

In today’s increasingly complex global financial ecosystem,owners of successful family business require a comprehensive strategy to manage,protect and grow their wealth,not just for themselves but also for future generations.

Legacy

Family businessses have a long-term prespective and often think in terms of generations,rather than quarters. For this reason,achieving a smooth and well-managed succession to the next generation of the owning family is critical to ensure the long-term success of the bussiness.

Purpose

By leveraging their purpose and values,family businesses can create a distinct brand identity that resonates with their customers and differentiates them from their competitors.

Impact

Investing your wealth in a manner that aligns with your core values not only generates financial returns but also leads the way in solving societal issues and creates a lasting legacy for future generations.

Our approach

Comprises four phase review,with collaboration at the core of how we will work with you and your stakeholders.

1. CURRENT STATE

To confirm the objectives and
scope of the review, get up to
speed on existing business and
thinking, and draw lessons
from similar organisations

Project kick-off: initial
meetings to confirm scope
of the review
Documentation review:
review existing documents
and identify risks and gaps
relating to scope, process
and delivery

2. INVESTMENT OBJECTIVES

To co-develop investment
objectives and alignment with
vision and values, bringing buy-
in and expertise from across the
organisation

Learnings and best
practice: conduct a rapid
review of similar
organisations drawing out
lessons, risks and best
practices
Capital requirements:
including capital to deploy.
deal-flow and ROI objectives
Initial recommendations:
incorporate feedback from
workshops and develop an
initial set recommendations
for testing with executives

3. IMPLEMENT

To formalise findings with an
actionable plan to manage and
monitor the roadmap to the
target state

Draft and final report: draft
report detailing
recommendations from the
strategic review outlining
critical recommendations.
Final report prepared
incorporating comments
from stakeholders
Delivery considerations:
Identify delivery
considerations and undertake
strategic risk review and
identify governance and
mitigation approaches

4. PERFORMANCE TO PLAN

To identify any resource gaps,
socialise recommendations with
your key stakeholderss

Roadmap to target state: performance to plan with
clearly defined solutions
that will drive measurable
performance improvement
Executive briefing:
we will
augment key content from
our final report into a
succinct and executive
briefing pack and present key
recommendations to your
stakeholders

Regular meetings and ongoing stakeholder consultation

Issues we frequently see

Governance and accountability

Some Multi-Family Offices are not able to clearly state individual roles and
responsibilities, particularly global groups, and a very common observation from our
wellness review indicates suboptimal allocation of roles and responsibilities

Wealth strategy

No clear Family Office strategy, optimising outcomes across Wealth, Impact, Legacy
and Purpose

Indequate record keeping

Limited policies and procedures covering the steps required for taking on different
investor types, some Family Offices do not collect all the documents required for KYC
or professional investor assessment purposes

Deficiencies in portfolio valuations

The valuation of a portfolio company requires a great deal of professional judgement
because market prices are not available. It is important that Family Offices make sure
that they keep records showing how the valuations were derived. If third party service
providers are used, Family Offices need to regularly review the valuation services and
assumptions

Insufficient record of investment horizon

Family Offices generally have a very long-term investment horizon, but we do find
that their investment managers have often not kept records which show that they
have carefully considered the investment horizon as part of the suitability
assessment

Insufficient record of investment horizon
Family Offices generally have a very long-term investment horizon, but we do find
that their investment managers have often not kept records which show that they
have carefully considered the investment horizon as part of the suitability
assessment
Deficiencies in portfolio valuations
The valuation of a portfolio company requires a great deal of professional judgement
because market prices are not available. It is important that Family Offices make sure
that they keep records showing how the valuations were derived. If third party service
providers are used, Family Offices need to regularly review the valuation services and
assumptions
Indequate record keeping
Limited policies and procedures covering the steps required for taking on different
investor types, some Family Offices do not collect all the documents required for KYC
or professional investor assessment purposes
Wealth strategy
No clear Family Office strategy, optimising outcomes across Wealth, Impact, Legacy
and Purpose
Governance and accountability
Some Multi-Family Offices are not able to clearly state individual roles and
responsibilities, particularly global groups, and a very common observation from our
wellness review indicates suboptimal allocation of roles and responsibilities

How to get in contact

Ivan_hooper1
Ivan
Hooper
CEO WINTERBOTHM

kathrin-1
Kathrin
Mutinelli
MANAGING DIRECTOR

lucas_zorzo1
Lucas
Zorzo
DIRECTOR,CORPORTE FINANCE