4590 MacArthur Blvd.
Suite 175
Newport Beach, CA 92660
Office: 800-447-7090
Facsimile: 866-447-7090
Voicemail: 877-447-7090
Email: tim@vfos.com
Site: www.vfos.com

Most Requested Family Office Services

The Twelve Most Requested Family Office Services
Counselors 1. Clarification of Vision and Mission, Decision-making Processes,
Ranked Priorities/Principles, Provisions for Heirs,
and Plans to Prepare Successors/Heirs
Analysts 2. Documentation and Reporting
Planners 3. Transfer of Control/Mgt/Ownership/Cash Flow
4. Comprehensive Cash Flow/Inheritance Planning
Adviser Coordinators 5. Coordination of Trust Maintenance
6. Coordination of Philanthropic Projects
Binders/Publishers 7. Comprehensive Illustrations and "Blueprints"
Licensed Implementers 8. Portfolio Management (RIA)
9. Tax and Compliance Work (CPA)
10. Legal Document Execution (JD)
11. Risk Management (Insurance Professional)
Evaluators/Educators 12. Family Meetings and Education

See a Summary of 200 Additional Services

  Trust
Only
Trust
Plus Phase 4
Retainer
Basic
Concierge
Advanced
Concierge
Comprehensive
Concierge
Let us customize a proposal for you! We will help you fi nd a combination of 200+ services that you most need and give you a highly competitive price.
Trust Services
Create and organize estate planning documents ✔ ✔ ✔ ✔ ✔
Update estate planning documents because of changing circumstances $150/hour Included ✔ ✔ ✔
Update Schedule A each year to list current assets   ✔ ✔ ✔ ✔
Update Schedule B each year to list insurance policies   ✔ ✔ ✔ ✔
Provide telephone and personal conferences related to the above services 90 days ✔ ✔ ✔ ✔
Document services with faxes, copies, letters at no extra charge 90 days ✔ ✔ ✔ ✔
Review estate planning file based on a completed checklist   ✔ ✔ ✔ ✔
Transfer Assets to Trust
Update balance sheet to show which trusts own each asset         ✔
Prepare conveyance of California real estate into or out of trusts 3 properties 5 properties 5 properties 5 properties ✔
Prepare conveyance of non-California real estate into or out of trusts $365/each $200/each $200/each $200/each $200/each
Transfer promissory notes and deeds of trust 60 days ✔ ✔ ✔ ✔
Transfer securities 3 accounts 5 accounts ✔ ✔ ✔
Transfer life insurance 3 policies 5 policies ✔ ✔ ✔
Assist in transferring bank accounts 3 accounts 5 accounts ✔ ✔ ✔
Transfer closely held business entities $500/each $500/each $300/each $275/each $250/each
Analysis
Create secure and personalized site for adviser team access     ✔ ✔ ✔
Generate client presentations "as of" any date     ✔ ✔ ✔
Maintain secure and personalized site for client access     ✔ ✔ ✔
Manage and share client documents and presentations securely     ✔ ✔ ✔
Alert automatically by email when portfolios exceed asset allocation tolerances       ✔ ✔
Provide a rebalancing tool that allows dynamic reallocation of assets       ✔ ✔
Integrate with Morningstar principia or advisor workstation for further analysis         ✔
Prepare client invoices using highly-flexible billing system         ✔
Store security prices and performance records for historical reporting         ✔
View gain/loss amount for each position with detailed open tax lots         ✔
Asset Allocation
Create firm-specific risk profile questionnaire to identify appropriate investment policy     ✔ ✔ ✔
Define current asset class weightings and associate to a specific benchmark       ✔ ✔
Assign an asset class to a third-party manager for ease of reporting and management         ✔
Create unlimited asset allocation models by asset or asset class percentages         ✔
Create unlimited firm specific asset classes         ✔
Designate firm-specific, Morningstar, or Dow Jones asset classification         ✔
Support unlimited firm-specific, Morningstar, or Dow Jones indexes models         ✔
Compliance
Create client holdings reports     ✔ ✔ ✔
Create trade blotters (based on relationship to firm)     ✔ ✔ ✔
Create management fees based on trading discretion       ✔ ✔
Identify assets by managed, unmanaged limited, full       ✔ ✔
Classify accounts/assets by trading discretion         ✔
Comprehensive Planning
Calculate multi-year net worth, cash flow, and tax projections         ✔
Create goal-based and cash flow-based planning scenarios         ✔
Education Planning
Calculate "kiddie tax" for dependents filing tax returns       ✔ ✔
Assign assets to education goals     ✔ ✔ ✔
Handle custodian accounts and contributions to those accounts     ✔ ✔ ✔
Illustrate additional contributions to education plans     ✔ ✔ ✔
Plan college funding goals for children, grandchildren or planned children     ✔ ✔ ✔
Provide Monte Carlo simulations of actual versus proposed education model     ✔ ✔ ✔
Run analysis for multiple education programs     ✔ ✔ ✔
Estate Planning
Calculate federal estate and state death taxes     ✔ ✔ ✔
Generate flow charts to illustrate net proceeds to heirs, charit     ✔ ✔ ✔
Model estate tax options, with post 2010 rate     ✔ ✔ ✔
Illustrate various trust scenarios (CST, ILIT, CRT, etc)       ✔ ✔
Create "at death" financial statements, based on previous "as of " date       ✔ ✔
Handle lifetime or testamentary gifting (50, 30, 20%)       ✔ ✔
Track previous gifts and future growth on gifts       ✔ ✔
Calculate or override probate and administration fees         ✔
Handle complex ownership structures (FLP, RLT, LLC, etc)         ✔
Illustrate various trust scenarios (CST, ILIT, CRT, etc)         ✔
Show impact of retirement an education plans on projected net worth, cash flow,
& tax reports
        ✔
Use minority interest and marketability rates for discounting values         ✔
Lifetime (Future) Planning
Create unlimited periodic and lump sum savings strategies     ✔ ✔ ✔
Update plans with current financial information     ✔ ✔ ✔
Compare alternative strategies in side-by-side comparison presentations       ✔ ✔
Cover cash flow dificits with automatic redemptions       ✔ ✔
Create future cash flow events       ✔ ✔
Create transfer/gifting strategies from/to account       ✔ ✔
Maximize qualified employee/employer contributions       ✔ ✔
Provide basic tax planning for business professionals       ✔ ✔
Provide pricing for stocks, bonds, funds, annuities, etc       ✔ ✔
Portfolio Management
Alert automatically by email when portfolios exceed asset allocation tolerances     ✔ ✔ ✔
Calculate TWR before and after management fees       ✔ ✔
Calculate TWR for individual and multiple portfolios       ✔ ✔
Calculate TWR for single asset or asset class       ✔ ✔
Calculate TWR pre/post taxes (federal and state)       ✔ ✔
Capture end-of-day cash flows       ✔ ✔
Change bond coupon on regular/arbitrary dates       ✔ ✔
Compare performance vs. Common indexes       ✔ ✔
Compare performance vs. Custom blended indexes       ✔ ✔
Display individual security performance IRR       ✔ ✔
Employ linked internal rate of returns (IRR)       ✔ ✔
Handle all types of bond transactions       ✔ ✔
Handle all types of mortgage-backed securities       ✔ ✔
Track accrued interest across rate/date changes       ✔ ✔
Track interest rate changes for indexed securities       ✔ ✔
Track securities, partnerships, real estate assets       ✔ ✔
Value portfolios to handle all portfolio cash flows       ✔ ✔
Value portfolios to show all portfolio cash flow details       ✔ ✔
  Trust
only
Trust
plus TMA
Basic
Concierge
Advanced
Concierge
Comprehensive
Concierge
Retirement Planning
Control timing of social security benefits     ✔ ✔ ✔
Deplete or preserve retirement capital     ✔ ✔ ✔
Provide Monte Carlo simulations of actual versus proposed retirement model     ✔ ✔ ✔
Calculate required minimum distributions (RMD)       ✔ ✔
Control liability payoff for any time period       ✔ ✔
Adjust defined benefit plans for inflation before or after receipt of benefits       ✔ ✔
Assign assets to retirement goals       ✔ ✔
Change growth rates from year to year       ✔ ✔
Create multiple income goals for different periods       ✔ ✔
Create periodic investments or withdrawals with tax consequences       ✔ ✔
Enter all types of contribution plans with employee amount and employer match       ✔ ✔
Enter other government benefit plans (civil service, railroad retirement, etc)       ✔ ✔
Enter survivor benefits before or after receipt of benefits       ✔ ✔
Handle deferred compensation plans showing retirement cash flow       ✔ ✔
Handle deferred compensation plans with appropriate tax treatment       ✔ ✔
Override inflation, growth and discount rates, etc       ✔ ✔
Project from cash flow and/or capital needs       ✔ ✔
Prorate employee contributions across specific or generic assets       ✔ ✔
Select priority/sequence for asset depletion       ✔ ✔
Set asset growth rates for firm, by asset or class       ✔ ✔
Specify exact employee contributions into specific assets or asset classes       ✔ ✔
Test employee contributions for deductibility and "catch-up" contributions       ✔ ✔
Risk Protection - Insurance
Allow withdrawals in cash surrender values and policy loans       ✔ ✔
Control investment of policy proceeds       ✔ ✔
Define insurance start, index, benefit period, and waiting period       ✔ ✔
Ensure goals and expenses are adequately covered       ✔ ✔
Handle all types of insurance       ✔ ✔
Support changes in premiums and death benefits       ✔ ✔
Summary Highlights
Calculate daily time weighted returns (TWR) and internal rate of returns (IRR)       ✔ ✔
Capture trade-date transaction accounting by tax lot       ✔ ✔
Handle all types of products including partnerships and real estate       ✔ ✔
Integrate portfolio with planning and practice seamlessly       ✔ ✔
Produce accurate after tax time-weighted returns for both federal and state tax       ✔ ✔
Produce composite portfolio reports for any period for any group of portfolios       ✔ ✔
Report TWR/IRR by asset/asset class/investment/account/portfolio       ✔ ✔
Aggregate account positions from unmanaged sources         ✔
Maintain accrual accounting for dividends/interests         ✔
Price securities daily for accurate reporting and calculations         ✔
Taxes and Cash Flow
Generate Monte Carlo comparisons for each financial goal     ✔ ✔ ✔
Handle federal and state tax calculations     ✔ ✔ ✔
Report TWR/IRR by asset/asset class/investment/account/portfolio       ✔ ✔
Maintain tax basis for realized gain/loss reporting         ✔
Assign cash flow items to household members and accounts/assets         ✔
Attach cash flow items to accounts/assets for systematic purchases/withdrawals         ✔
Capture business-use assets for schedule c tax reporting         ✔
Create alternative cash flow items for future projections         ✔
Create current and future cash flow projections         ✔
Generate basic or detailed tax presentations         ✔
Handle any cash distribution with complete tax implications         ✔
Handle options (ISO/NSO) while maintaining amt tax consequences         ✔
Produce accurate after tax asset class IRRs for both federal and state tax         ✔
Provide flexible tax reporting (1040 format, schedule a-e details)         ✔
Set specific begin and end dates for cash flow items         ✔
Wealth Counseling/Blueprinting
Provide web-based project management reports     ✔ ✔ ✔
Redirect all tax savings to family or charity     ✔ ✔ ✔
Develop a zero-tax plan       ✔ ✔
Illustrate how proposed and implement results improve on original numbers       ✔ ✔
Summarize all planning strategies on an easy-to-update flow chart       ✔ ✔
Perform "what if" calculations to find optimal income tax tools         ✔
Automatically track payments to and from each account and entity         ✔
Illustrate lifetime cash flows and taxes for each tool and for the whole plan         ✔
Provide detailed text, numbers, and flowcharts for each planning tool         ✔
Update plan automatically using a web-based interface         ✔
Conduct family meetings to unite family members around a shared vision         ✔
Standard Pricing - Subject to modification prior to engagement Included $250 - 400/year $2,000 - $12,000/year $4,000 - $18,000/year $4,000 - $24,000/year

© Tim Voorhees, 1996-2018