the family office

What’s a family office?

First of all what’s a ‘Family Office’ and how does it benefit clients? Well according to the explanation by Investopedia (https://www.investopedia.com/terms/f/family-offices.asp) a family office is:

Family offices are private wealth management advisory firms that serve ultra-high-net-worth investors. They are different from traditional wealth management shops in that they offer a total outsourced solution to managing the financial and investment side of an affluent individual or family. For example, many family offices offer budgeting, insurance, charitable giving, family-owned businesses, wealth transfer and tax services.

The Many Disciplines of a ‘Family Office’

Providing the advice and services for ultra-wealthy families under a comprehensive wealth management plan is far beyond the capacity of any one professional advisor. It requires a well-coordinated, collaborative effort by a team of professionals from the legal, insurance, investment, estate, business and tax disciplines to provide the scale of planning, advice and resources needed. Most family offices combine asset management, cash management, risk management, financial planning, lifestyle management and other services to provide each family with the essential elements for addressing the pivotal issues it faces as it navigates the complex world of wealth management.

So from this we had the ambition to create this holistic all encompassing service that allowed clients to get the best advice across financial planning, law and tax.

This ambition turned into Celtic Connects.

What is Celtic Connects?

Celtic Connects bring together three trusted professionals from the world of financial planning, law and accountancy, we believe this combined approach to planning provides an in-depth holistic solution that rewards their clients with the best possible service.

Having the combined experience around one table can only be a good thing – it is more efficient for the client, circumstances and options are thoroughly examined. As a three, we share the same client, solution and result centred approach.

Celtic Connects are also the driving force behind the Celtic Community Network, a not for profit networking group setup to promote the services of local business. You can find out more at www.celticcommunity.co.uk

What’s the mission for Celtic Connects?

We believe this is going to be a game changer for all new and existing clients. Typically a family office where you could find a financial adviser, solicitor and chartered accountant in one place was reserved for the ultra-high net worth. Celtic Connects will enable everyone to access this once exclusive club.

Our mission is to deliver our clients the following mandate:

  • Offer a free no obligation initial meeting
  • Offer a safe environment to discuss your goals
  • Have no sales targets or pressured meetings
  • Take the time to understand our clients needs and objectives
  • Always put our clients first
  • Ensure our clients understand fully our fees and charges before committing to anything
  • Ensure our clients understand our recommendations and why
  • We dont charge or make money from our cross referrals

This Article is for information purposes only – should not be perceived as financial advice.

how can we help you?

Contact us at the Celtic Financial for a free no obligation initial meeting.