Susan and her staff manage the family
office of a leading wealthy family, handling investments, tax and estate planning
and management, as well as administrative and personal matters.
We advise her on best practices, highlight ways to use the services of her advisors
and outside vendors more effectively, and give introductions to other families and
Susan also wants to know which technology to use to receive consolidated reporting
across the family’s numerous custodians,
managers and entities.
We give her our insights into the various solutions and technology providers other
family offices use and connect her with fellow professionals who recently evaluated
and engaged certain providers.
We also help Susan develop the structure for a consolidated reporting solution
and negotiate favorable rates with the technology provider, given our experience with
All persons mentioned on this page are fictional and were
created for illustrative purposes only. Any resemblance to real persons is a coincidence
and unintended.This scenario is hypothetical and for illustrative purposes only. It
does not take into account the investment objectives, risk profile or financial situation
of any particular person and as such, strategies may not be suitable for all investors.
Nothing on this page is intended to be an offer to purchase or sell, or a solicitation
of an offer to purchase or sell, any security.No inference should be drawn that any
investment product or strategy referred to was actually implemented on behalf of a
client, or if it was, that it was successful.
Investments in securities involve risks and may lose value.
Investment products are not deposits or other obligations of, or guaranteed by, Citibank,
its affiliates or any other depository institution. Investment products are not insured
or guaranteed by the U.S. Government, the Federal Deposit Insurance Corporation or
any other government agency and may lose value.
The information contained is not intended to be an exhaustive
discussion of the strategies or concepts mentioned herein or tax or legal advice.
Neither Citigroup nor any of its affiliates provides tax or legal advice. You should
obtain advice based on your own individual circumstances from your tax, financial,
legal and other advisors about the risks and merits of any strategy before making
an investment decision, and only make such decisions on the basis of your own objectives,
experience, risk profile and resources.