Provides centralized planning and management congruent with the family's goals and values
FIVE CAPITALS THAT MAKE UP A TRUE FAMILY WEALTH PORTFOLIO
The first strategy relates to the family's financial concerns. This strategy focuses on growing and protecting investment assets, and it demands the trifecta of legal and tax guidance involving entities, trusts, and insurance to create the most tax-efficient and jurisdictional friendly structures. A key benefit of our strategy is enhanced privacy, asset protection, and the freedom to carry out the family's investment mandate.
The second strategy relates to dynastic wealth through holistic capital ownership, or simply Dynastic Capital Ownership. This strategy focuses on developing the qualitative aspects of all five capitals aforementioned. A family's wealth is best supported when combining these capitals within the first strategy. It is essential that they have a healthy attitude toward money and work, having clarity about their purpose in society, and more importantly, their personal and collective meaning about themselves. Hence, defining their values and practices would benefit them and their next generation and to the next.
Today, the most mature family offices offer a wide range of services tailored to fit each HNW person's individual needs and to see them flourish in their family, health, and wealth. The family office's main benefit is centralized planning and management congruent with the family's goals and values. 5 Stones Family Office formed in 2014, is a USA based, next-generation multi-family office partnered with other similar Private Wealth Practitioners worldwide, adding decades of experiences and expertise in the areas of Global Taxation, Legal Entities, Financial Planning, and Investment Management. At 5 Stones Family Office, our clients are focused on creating a meaningful legacy for many generations into the future.
5 Stones Family Office has a two-prong strategy in developing a lasting legacy for each family of wealth. To do so, 5 Stones Advisors focus on five capitals that make up a true family wealth portfolio that must be raised and maintained: relationship capital, intellectual capital, leadership capital, social capital, and financial capital. These are not necessarily new concepts. There are decades and even hundreds of years old practices of some of the most successful multi-generational high net worth families globally.
A HEALTHY ATTITUDE TOWARD MONEY AND WORK, HAVING CLARITY ABOUT THEIR PURPOSE IN SOCIETY, AND MORE IMPORTANTLY, THEIR PERSONAL AND COLLECTIVE MEANING ABOUT THEMSELVES.
