working with Maestro as a family advisor
Single family offices, Trust and Estate attorneys, asset managers, and investment advisors have relied on Maestro companies for more than 30 years to deliver reliable and unfailing outsourced administrative family office services to their clients.
We deliver peace of mind to both you and your clients through our sophisticated, customized, dependable, secure wealth administration solutions tailored to meet your clients’ daily financial needs.
Supporting your Clients
We manage the day-to-day details of your clients’ financial life and deliver a full, 360 degree view of their finances so that they, and you, can make more informed decisions. We focus us on the daily details delivering your clients peace of mind.
WE UNDERSTAND THAT your clients’ financial lives are complex.
Central to our success is making that complexity simple so that our clients and their advisors can make the best personal wealth decisions. Maestro is an ideal partner for RIAs and other financial advisors. Our solution set is designed to take the pressure off of you and your clients. We use a combination of professionals and technology to deliver a suite of services to best serve the daily administration of your clients’ financial life.
No successful business would consider operating without a real-time income statement, cash flow analysis, and balance sheet, so why should your client’s family? Maestro’s OneControl delivers consolidated reporting so you and your client can make better decisions.
We manage and execute all bill payments for the individual family members and entities including timely communication, contract terms review, and historical payment research. We make sure the day-to-day finances are administered not only efficiently without exception , but also customized in accordance with the family’s personal direction and style.
Alternative Investment Administration
Because we manage the family’s daily finances in coordination with the professional investment teams and wealth managers, we have direct investment and business performance visibility. This ensures all requirements for pooled, fund and individual investments are met including proper administration and completion of subscription documents, monthly communications, and timely capital call verification, fulfillment, and reporting.
Cash Management And Analysis
Acting as the family’s advocate, we coordinate and report all of the banking and cash management needs, including cash flow, forecasting, budgeting, capital needs assessments, and banking services.
We take care of life’s details like processing the family’s mail and important documents, so it is digitally available wherever they are. Plus, we can virtually store any physical or digital documents with easy retrieval.
Financial Management Of Personal Properties
No details of the family’s homes’ finances are overlooked. Starting with acquisition, we track and document the cost basis and capital improvements to ensure proper valuations are immediately available. We monitor all expenses, including insurance and property taxes, by residence so the family can fully understand the cost of maintaining each home. Renovation and construction projects are our specialty as we work with the contractor and property managers to provide project budget oversight and reporting.
Household Employee Human Resources
We manage the family’s domestic staff payroll and related compliance, including withholding and year-end tax reporting requirements. In conjunction with payroll, we review and administer all employee benefits, including health and retirement plans. If the family is thinking of hiring new staff members, we provide talent acquisition support, personalized employment training including emergency planning, and household employee procedure manuals.
We work directly with the family’s insurance brokers and policy providers to coordinate proposal comparison and review, warrant proper coverage for the family’s assets, assist in policy selection, and process future claims on their behalf.
Trusts & Foundations
We help manage the family trust and foundation entities and accounts by providing organizational charts and summaries to ensure proper governance and controls.