Affluence brings opportunity, but it also introduces complexity. Over time, families accumulate multiple entities, trusts, accounts, and professional relationships that form a wide-reaching financial structure. Keeping that structure organized and aligned requires disciplined coordination and clear systems.
True Wealth Design’s Family Office Administrative Services provide that coordination through integrated processes, advanced tools, and a team dedicated to accuracy and accountability. Acting as the central hub of a family’s financial life, we bring together accounting, reporting, and tax coordination under one cohesive framework.
By consolidating information across accounts, entities, and advisors, we transform fragmented details into a unified, transparent view of a family’s finances. This structure enables better decisions, greater efficiency, and lasting confidence that every aspect of wealth is managed with care and precision.
- Bill Pay & Expense Management. Streamlined payment processing and expense tracking ensure accuracy and transparency. Our system provides categorized summaries and approval workflows, offering insight into spending patterns while maintaining full control over disbursements.
- Monthly AccountingTimely and accurate monthly statements deliver a complete view of a family’s financial position. We prepare profit and loss statements, balance sheets, and cash flow reporting with the rigor and precision sophisticated family offices demand.
- Cash Flow Forecasting. Forward-looking cash flow projections provide clarity around upcoming inflows and outflows, from household expenses to capital calls and distributions. This proactive view supports confident planning and liquidity management.
- Consolidated Financial Reporting. We provide comprehensive administration, reporting, and coordination across the family’s balance sheet, including assets that we manage directly on your behalf and those we monitor and consolidate for the family’s broader picture. This holistic view enables more informed decisions, greater efficiency, and true family wealth management.
- Tax Coordination & Planning Support. True Wealth Design’s team works directly with tax professionals — in-house or external — to prepare and organize data, streamline reporting, and support proactive planning and compliance across entities.
- Entity & Trust Administration. Detailed recordkeeping and coordination with trustees, attorneys, and other advisors ensure consistency and accountability. We maintain accurate documentation and facilitate seamless communication across all entities and fiduciary relationships.
