Family Account Management
Your personal CFO – an integrated approach designed for you and your family.
Family Account Management and Cash Management
Cash management is an important component of a family’s overall financial framework. Having an effective advisor who can help manage your liquidity needs can save you time and money. Richter’s Family Account Management (FAM) team takes care of the operational responsibilities by acting in the capacity of your personal Chief Financial Officer. Our professionals oversee and provide strategic guidance on lifestyle management, personal planning opportunities, your day-to-day accounting and bookkeeping needs, and bill payments.
By integrating both your family’s financial and investment reports, we can provide you with clear insight into how your assets are performing as well as how the money is being spent. We help identify cash flow needs and the most tax-efficient means of funding day-to-day living expenses. This also means providing families with access to efficient investment solutions that can be quick sources of liquidity. We ensure that the cash you require is available; thereby eliminating the administrative tasks you would normally have to oversee. This can make the oversight of all aspects of your family’s wealth simple, as well as provide you continuity through one primary point of contact for all of your family’s financial affairs.
High net worth families face specific complexities: multiple types of investments, sophisticated legal structures, complicated compliance requirements, as well as unique challenges relating to cash management. Richter’s Family Account Management (FAM) handles the intricacies of your financial life, offering personalized solutions based on your needs, objectives and goals.
Our seamless approach eliminates the administrative tasks you would normally have to oversee. We provide comprehensive services for all your financial needs, and integrate with the services other advisors might already be providing to you.
With a broader perspective on all areas, FAM can help fine-tune your financial journey, while taking care of the details along the way. With FAM as your personal CFO, we take care of the details, so you can take back the luxury of time and peace of mind.
Meet our expertsThe people behind the expertise.
Greg MooreCFA, FEA
Justine DelisleCPA, CA, Pl. Fin.
Mindy MaymanB.A., Econ., Fin. PI., FMA, CIM
Sudharshan SathiyamoorthyPh.D., MBA
Danny RitterCPA, CA, CFA
Richter Family Office
We understand that the transfer of your wealth to future generations is about far more than just the dollars and cents. It’s about the transition of your legacy.
Food for thoughtWhat’s in the news & what you need to know.
Family mission statements.
Paying more than lip service to the importance of legacy planning For ultra-high net-worth individuals, the burden of preserving and transferring wealth across generations has become riskier and more complex. What’s even more difficult, is the challenge of engaging and involving other family members. A long-term view of these concerns may resolve both issues. Picture […]Click to read more.
It’s inevitable, so why are you holding your children back?.
Is it ok to assume everything will be fine? Or should you take the steps to ensure it will be when you pass on? Technically you are all set: you’ve created an estate transition plan designed to control how your legacy is to be distributed over time, ensuring that when wealth makes its way to […]Click to read more.
Manager Due Diligence.
As family advisors, we spend much of our time assessing our clients’ specific goals to ensure that their investment framework provides them with the greatest odds of long term success. At a high level, our approach focuses on addressing multiple risks and objectives to ensure that regardless of market conditions, our families can minimize the […]Click to read more.