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Family Office Services

BlumShapiro offers a complete range of Family Office services, from routine accounting needs to sophisticated financial, tax and estate planning. You've worked hard to build a solid foundation for your family's future — and our experts are committed to working with you and your family to minimize risk and identify valuable tax-saving opportunities.

BlumShapiro’s primary focus on all of our family office relationships is that we provide the accounting and tax services related to the family members and all of their associated entities. Our ability to service both family members and all related entities allows us to take a holistic approach to tax planning and other financial services.

Family Office Experience

Our family office business advisors recognize the importance of accessibility and response time. We work hard to meet the needs of all family members while, at the same time, being conscious of the family dynamics. We serve as a trusted advisor to our clients, and, as such, we often participate in family meetings as a moderator or advisor attendee. Our holistic view of the family and business finances provides useful guidance for the family's decision making.  We are committed to providing these services while maintaining the highest degree of privacy and discretion.

Our experts are also aware that each family and business situation is unique, and tailor our services and presentations in such a manner that they become useful to the specific family we are engaged to assist. We believe our customized approach leads to a higher level of success for the family. BlumShapiro is also often called upon to work in conjunction with the other professional advisors, attorneys, investment advisors and insurance providers.  We enjoy being part of a team that works together to achieve the best results for the family.

Family Office Services

BlumShapiro can assist in establishing a family office as well as providing ongoing accounting and tax services for individuals, trusts, estates, partnerships, LLCs, corporations and private foundations. We also prepare personal financial statements, if required, as well as compilations, reviews or audits of any entities the family requests. Please see our additional family office services below:

  • Individual and Entity Accounting
  • Individual, Gift, Trust, Estate, Partnership, Corporation and Private Foundation Tax Preparation
  • Tax Planning
  • Participation in Family Meetings
  • Financial, Trust & Estate Planning
  • Estate Settlement
  • Consolidated reporting and tracking of all investment assets
  • Charitable Giving/Family Philanthropy
  • Wealth Transfer Planning
  • Private banking relationships through family advisors or banking partners
  • Management of capital calls and stock distributions
  • Financial reporting
  • Specialized reporting as required
  • Tracking of company stock and stock options
  • Internal control and operational reviews of family offices
  • Consultation for establishing a family office (selection of organizational structures, setting up accounting systems, establishing procedures and controls and ongoing financial and accounting support, etc.)
     

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Advisors | Auditors | Consultants | CPAs - Blum Shapiro is one of the premier public accounting firms in the northeast and a Top 100 CPA Firm in the U.S. Our professionals serve businesses, individuals and organizations in Boston (MA), Hartford (CT), Providence (RI), Shelton (CT) ,Quincy (MA) and Newton (MA) with audit, tax and business consulting services. Our firm has developed practice areas in automotive, construction, education, government, healthcare, hospitality, manufacturing, nonprofit organizations and professional service firms. New Haven CT, Fairfield CT, Norwalk CT, Waterbury CT.

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