Family offices and high net worth individuals face unique, complex issues in a landscape of constantly changing requirements. BNY Mellon’s extensive experience with first generation and multigenerational families, and the offices that serve them, enables us to anticipate client needs.
Our Family Office Services group is a dedicated unit providing sophisticated, specialised resources designed for family offices and their advisors. We work closely with the family office to provide custody, while reporting on and servicing the family’s assets and delivering services such as trade execution and hedge fund administration. We also work with multi-family offices and boutique investment managers.
Family offices often face unique challenges created by managing investments across multiple jurisdictions, asset classes, investment managers, investment types, currencies, and custodians. BNY Mellon can help to:
BNY Mellon’s solutions provide family offices with a crucial vantage point, providing a single, consolidated view across investments to help track performance and manage risk.
Working with a family office’s investment managers, we act as global custodian, holding and/or record-keeping combined assets and providing total wealth reporting through a premier technology platform, thereby removing the need for family offices to custody the assets with each provider.
Our capabilities are designed and managed specifically for wealthy families by our dedicated Family Office Services organisation.
This material is provided for illustrative/educational purposes only. This material is not intended to constitute legal, tax, investment or financial advice. Effort has been made to ensure that the material presented herein is accurate at the time of publication. However, this material is not intended to be a full and exhaustive explanation of the law in any area or of all of the tax, investment or financial options available. The information discussed herein may not be applicable to or appropriate for every investor and should be used only after consultation with professionals who have reviewed your specific situation.