When does a family need fiduciary services?
Naming a family member as trustee is often the kindest-looking decision and the hardest one to live with. Here is when a corporate trustee is the better answer.
Read MoreFebruary 15, 2023 · Colony Family Offices
The internet plays a huge role in just about every aspect of daily life, both at home and at the office. At Colony, we rely on technology for managing our business and communicating with you. You rely on technology when working with us, your business, and home management. We know you can feel exposed or […]
The internet plays a huge role in just about every aspect of daily life, both at home and at the office. At Colony, we rely on technology for managing our business and communicating with you. You rely on technology when working with us, your business, and home management. We know you can feel exposed or vulnerable when there’s a security breach or information hack in the news. Further, cybercriminals are looking for new ways to hack and scam their way through security measures, often relying on human error.
Our mission at Colony Family Offices is to provide financial peace of mind to families with significant wealth. Technology and Finance are increasingly interconnected. We recently partnered with Fidelity to offer a Cyber Training Webinar. Gary Rossi, Head of Personal Insights Security Program for Fidelity Investments and former special agent for the FBI, led a discussion about security topics and tips for protecting your personal information, including:
Here are links to access the “Personal Security Brochure” and “Make Yourself a Difficult Target for Cybercriminals” information referenced in the video below.
Notes on the questions families are working through right now.
Naming a family member as trustee is often the kindest-looking decision and the hardest one to live with. Here is when a corporate trustee is the better answer.
Read MoreA model portfolio stops working when a family has entities, trusts and a tax position that no model can see. That is usually the moment to build one.
Read MoreIntegrated planning means tax, estate, philanthropy and investment decisions are made against one plan, by people who can see all of it at once.
Read MoreA multi-family office coordinates the whole of your family’s financial life through a single team, rather than leaving your family to assemble the pieces.
Read MoreColony Family Offices, in collaboration with Fidelity Charitable, recently hosted a webinar featuring Harrison Miller, a Charitable Planning Consultant, who shared insights on effective giving strategies and tax-efficient philanthropy. Key Takeaways: Charitable giving continues to grow, with the majority of contributions coming from individuals, highlighting the importance of thoughtful planning around how and what to give. […]
Read MoreColony Family Offices, in collaboration with Grant Philanthropic Advisors, recently hosted a discussion focused on planning effective family philanthropy and preserving philanthropic intent across generations. The discussion highlighted the importance of documenting a founder’s values, goals, motivations, and giving philosophy while they are still living. Clear donor intent can provide future generations with a shared […]
Read MoreOur promise is to bring clarity to your financial framework, continuity to the relationship, and trust to every step forward.