Benefits of household technology in conjunction with your family office.

The family office used to be an institution that was, in some ways, insulated from the family, making financial decisions on the clients’ behalf without their consistent direct involvement. Now that model is rapidly evolving with the innovation with household technology; and, while this may be more apparent because of the pandemic and the resulting economic changes, it was actually in play long before “social distancing” and “super-spreader” became household terms.   Most likely, covid expedited the shifts that occur organically as the younger generations come of age to manage their family’s wealth – bringing with them their own priorities, both philosophical (i.e. a commitment to conscious capitalism) and substantive (taking a more hands-on approach rather than relying on experts to do it all for them). Moreover, there is an increase in multifamily offices, which can be more affordable…

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Improving estate management with technology.

“You’re only as good as your team.” ~ former NBA star Dominique Wilkins While the above quote refers to the other players on the court, it undoubtedly applies to any career or activity that involves collaboration and leadership. If you’re an estate manager, you know that “manager” doesn’t just pertain to your oversight of the property, but the household staff, gardeners, vendors, and so on. As everything they do (or don’t do) impacts your effectiveness, not to mention your standing with the client, you’ve been very diligent about hiring them or weeding out those who were not a good fit. But what if you notice that things are not running smoothly as they should? They may not be huge mistakes that warrant a shakeup, but small cracks that if go unchecked could potentially lead to a headache for your…

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Revolutionizing Estate Management with Technology

It’s safe to say that if you’re managing a large estate, your client and their family are extremely busy people who do not have the time or energy to devote to running their home. In addition to juggling work and school schedules, they may also entertain regularly – holding large dinner parties, business events and fundraisers – and travel quite a bit, often on short notice. They need assistance with all of it, and even if they have other people working for them much of the responsibility falls on your shoulders; this, in addition to managing the rest of the household staff. Upgrading your technology, for example, with an all-in-one solution, can revolutionize the way you do your job along with improving estate management and make your life, as well as those of your clients, much smoother. If you’ve…

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