Family offices are a mainstream platform for wealthy families in developed markets. They are becoming so in Central and Eastern Europe, too.

Our service of establishing a family office includes:

• Family office strategy: The first step is developing a family office strategy with an organizational, operational and financial plan and annual goals. We create the project together through workshops and then help you implement it.
• Type and legal incorporation: Our legal experts can help you to formally set up your family office, draw up standard contracts, and ensure legal protection. There are different family offices: traditional, multi-family, outsourced, virtual and others. We will help you choose the right fit, legal structure and jurisdiction for your needs.
• Family governance: We help you shape the management of your family office in line with established family values and principles, which includes a framework for joint family decision-making, regular family meetings, day-to-day business operations and a written family constitution.
• Investment strategy: Our team of experts creates personalized investment strategies aligned with your family values, goals and risk tolerance. We help you with deal sourcing, pipeline management and identifying appropriate investments by setting up a deal management system. Liquidity and exit planning is also essential part of the investment strategy.
• Tax planning and preparation: Our tax specialists help you minimize your tax burden, preserve your wealth and ensure compliance with tax laws and regulations.
• Philanthropy: We advise you on establishing and managing charitable foundations and effective giving strategies.
• Estate planning: Our state planning experts will work with you on developing a comprehensive plan to protect your assets and pass your legacy to future generations.
• Other related services to make your family office successful include family management, education, lifestyle, intellectual property management, insurance, IT infrastructure management, recruitment, and administrative services.

How about introducing a family office? We are experts to help you!

WHAT TO CONSIDER WHEN BUILDING A FAMILY OFFICE?

When developing a strategy for a family office, we take into account several factors, such as:

• family values and goals,
• family dynamics, chemistry, alignment and relationships,
• quantity of assets involved and liquidity requirements,
• number of generations and family lines,
• desired level of control,
• desired family legacy and succession,
• other vital factors for the family.

YOUR TRUSTED ADVISOR IN THE FAMILY OFFICE BUILDING

Why choose Bora Partners to launch your family office?

• Proven Expertise: Our team has extensive experience serving high-net-worth families and intimately understands their unique needs.
• Customized solutions: We offer customized solutions that meet each client’s needs, considering their values, goals and financial situation.
• One-stop solution: Our comprehensive range of services eliminates the need for multiple advisors and helps streamline your wealth management process.
• Confidentiality: We understand how important privacy and confidentiality are to our clients; and take great care to protect their sensitive information.