Family Offices

Financial reform and the Dodd Frank Act have presented family offices in the past few years with a perhaps unprecedented set of circumstances, raising concerns regarding government scrutiny and potential regulation. One of the more difficult aspects of financial reform has been the need to balance the regulatory changes with the desire for privacy, which every family has for its financial dealings.

Our lawyers have been pleased to serve as guides and advisers for family members and executives charged with managing family offices as they confront the newly complex legal maze of securities laws and regulations at the federal and state level involved with defining “family,” “family member,” “family client” and “family office” (and the roles, responsibilities and interactions among them), as well as with unrelated persons active in advising and supporting sophisticated financial clients in managing their assets. We have represented high net worth families with discretion and delicacy since our formation in 1934 and a number of these families have been clients for several generations. 

The lawyers who support our family office practice team include those with experience in the following:

  • Wealth management
  • Estate planning
  • Trusts and guardianships
  • Family practice, dissolutions, adoptions and guardianships
  • Investment adviser securities regulation
  • Broker-dealer regulation
  • Banking regulation
  • Real estate law
  • Federal and state income and estate and gift tax law
  • Family-owned business issues
  • Commercial contract review and negotiation