Family Office

Family offices strive to make lives easier for family members by managing their personal needs and providing administrative services like paying bills, reviewing expenses, ticketing, staffing, preparing for education, healthcare etc. Development programs for next generation family members, evaluating their strengths & weaknesses and implementing formal training plans are also coordinated by family offices. Centralization of these services aids in cost efficiency and better control.

Typical Activities in a Family Office Set-Up

Family Office Organization

  • Family governance structure and committees
  • Employment and succession policy for family members and relatives
  • Family communication policy and conflict resolution mechanism
  • Policy for share ownership, transfer and exit
  • Policy for family support activities
  • Philanthropic objectives and disbursement procedures

Investment Management

  • Understand investment objectives, existing investments, financial situation and risk appetite
  • Frame Investment policy including asset allocation for optimal returns
  • Investment / dis-investment proposal templates
  • Investment performance and reporting
  • Business metrics for operating entities
  • Policy and procedures for disbursement and monitoring of seed capital

Infrastructure Set-up

  • Family office organization structure and job descriptions
  • IT infrastructure setup including business application implementation support
  • Chart of accounts, accounting policies and procedures
  • Document management and retention policies

Treeline helps families to establish their family offices by formulating ‘ground rules’ for better governance and management. Treeline’s considerable experience helps in designing solutions which results in successful partnership between the family and their family office. Additionally, Treeline draws expertise from its multi-skilled team comprising of investment professionals, governance practitioners, certified accountants and IT experts.