Wealth arises in many ways. As families grow, prosperity is shared, lifestyles evolve, and complexities increase. Multi-generational dynamics surface and financial needs change. Without proper governance, organisation and investment objectives, wealth can erode.
Do we have enough income to meet our current and future liabilities?
Are our investments managed optimally?
How do we know if our advisors are looking out for our best interests?
Are we paying too much in taxes & fees?
How will succession be managed?
These are all questions that we asked ourselves when we were tasked with managing our family assets and affairs.
Given our next generation’s extensive investment experience, the solution was the creation of Blu Family Office.
FAMILY RISK MANAGEMENT
Managing family wealth is much more than just investment management. Firstly, there are the many administrative and operational issues, such as tax planning or reporting. Further, everything is interconnected. A very expensive way of life or a complex investment strategy can greatly increase the difficulty and burden of managing wealth.
If behavioural, operational and investment risks are not managed with a common perspective, wealth can disappear quickly. You require integrated risk management to efficiently coordinate all of these complex family dynamics and implement an optimal strategy for all family members.
STRONGLY ALIGNED INTERESTS
Blu was built for a purpose – to manage the wealth of the founding family efficiently. In partnering with other families and clients who invest alongside us, we share the same risks. We are transparent and fully accountable to our families. Our interests are aligned.
DIRECT ACCESS TO PRINCIPALS
Family wealth is highly sensitive, personal and bespoke. The Principals provide objectivity and a holistic view, drawing on their multi-generational family experience and perspective.
Clients have direct access to the people that have shared their journey and understand the intricacies of all issues as they relate to living with wealth. We provide independent advice and guidance on a peer-to-peer basis.