Family Office Services

Tailored solutions for your family, focused on the unique needs of managing wealth across generations.

At Kanaly, we recognize that establishing your own family office can provide significant benefits but may also be cost-prohibitive until certain economies of scale can be reached. Since 1975, Kanaly has served as the “family back office” for client families across Texas and around the world. Through our customized suite of services, we can address your family’s unique needs in managing wealth across generations.

While our initial client engagement can begin with Kanaly taking on a very limited number of responsibilities, we find that after a while, the relationship deepens and our role expands. This flexible program that can evolve as the family’s needs unfold can enable the family to function effectively without the burden of hiring, training and maintaining a staff.

Family Office Services – Tailored Solutions for Your Family

Coordination of Financial Strategies

  • Organize efforts of advisory team
  • Analyze professional advisors and fees
  • Review and negotiate bank financing
  • Prepare and analyze balance sheet

Family Philanthropy

  • Facilitate development of objectives
  • Develop and implement giving programs
  • Manage private foundations
  • Administer foundations and grants
  • Train foundation trustees

Financial Data Aggregation and Reporting

  • Preparation of consolidated net worth statements
  • Online access to aggregated financial data
  • Status reports – plan vs. actual
  • Record-keeping for personal property
  • Cash flow analysis

Lifestyle Enhancement

  • Personal bill payment
  • Domestic payroll assistance
  • Cash flow management and forecasting

Wealth Transfer Planning

  • Review and analyze existing plan
  • Facilitate discussion of objectives
  • Develop and present recommendations
  • Financial modeling of current and proposed solutions
  • Implement plan revisions as directed

Family Continuity and Education

  • Family meeting coordination
  • Facilitate family governance planning
  • Family education planning and implementation
  • Mentoring services

Trustee Services

  • Estate administration
  • Sole and co-trustee service