Helping our clients navigate their affairs with unbiased advice
Helping our clients navigate their affairs with unbiased advice
What Is a Family Office?
Family offices have their roots in the sixth century, when a king’s steward was responsible for managing royal wealth. Later on, the aristocracy also called on this service from the steward, creating the concept of stewardship that still exists today. The modern concept of the family office was developed in the 19th century when families such as the Morgans and Rockefellers founded their own family offices. The term family office covers all forms of organizations and services involved in managing large private fortunes.
A family office acts as a personal Chief Advisor for wealthy families, with a dedicated team of professionals who oversee and manage the complete financial affairs of client families. Family offices often provide family management services, which includes family governance, financial and investment management services, philanthropy coordination, and succession planning. They also often manage the lifestyle needs of a family such as coordinated caregiving and special needs planning.
How we work
YOU'RE MORE THAN JUST A CLIENT
At Boston Investment Management, we want each visit to our office to make a lasting impression – one that says you are more than just a client. Before addressing your financial needs and concerns, we make it a priority to get to know you, creating a foundation of honesty and transparency. The heart of our service then lies in transcending the average advisor-client relationship to exceed your expectations each step of the way.
OUR TEAM APPROACH
Once we have a detailed picture of your personal and financial life, we use a team approach to meet your long-term and short-term objectives. Working together allows all of our highly trained professionals to capitalize on their skills and specialties when crafting a holistic plan designed with you in mind. Not only will you benefit from the talents of our entire staff, you will also feel secure knowing we are striving towards a common goal: your success.
EXPERTISE FOR THE AFFLUENT
Boston Investment Management is a firm dedicated to helping high- and ultra-high-net worth individuals and families achieve disciplined wealth management. We implement strategies and solutions through due diligence and good judgement. Our commitment to excellence in any economy means our team actively seeks to continue their education, providing opportunities to learn and grow along with our clients. We are your knowledgeable advisors, your key confidants, and your home away from home.
OUR COMMITMENT IS TO YOU
Our Family Office Approach in the initial meeting, we get to know our prospect and determine if there is a fit for them and for the firm. During the initial meeting, major objectives, urgent issues and potential risks are discussed with the prospect. Once the prospect becomes a client, the topics that are discussed during the subsequent meetings are current estate plans, powers of attorney and advanced health care directives, inheritance plans, philanthropic giving, financial planning for education of children, diversification of income sources, and asset class management.
Benefits of working with BIM
We are always on your side.
We provide integrated plans for a family’s complete financial affairs, including investments, wealth transfer strategies, and optimal ownership structures.
We provide a comprehensive approach to risk management, so your family and wealth are well protected.
We provide the coordination of professional advisors – including lawyers, accountants, investment and insurance advisors – to ensure that your family’s objectives are met.
You will have the confidence that, if something happens to the main family decision maker, there will be someone in place who knows the family and the family wealth to advise them through the transitions.
You receive the proactive, personalized and highly responsive service of a boutique firm with a professional team from diverse backgrounds with many years of experience.
Check the background of your financial professional on FINRA's BrokerCheck.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
Boston Investment Management is a Registered Investment Advisor (RIA). This site is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced herein. We suggest that you consult with your financial or tax advisor with regard to your individual situation. This site has been published in the United States for residents of the United States. Persons mentioned in this site may only transact business in states in which they have been properly registered or are exempt from registration.
Advisory products and services offered through Boston Investment Management LLC.
