Family Office Management
Managing a family office can seem overwhelming. Depending on the magnitude of your operations, you may require a lot of assistance tending to these matters. We (my family!) belong to an informal network of other family offices, varying in size, which provides a great environment to learn and grow. This network has greater resources and can direct us towards others teams of professionals with the proper skill set needed to succeed. This includes lawyers, accountants, and other professionals with a variety of skill sets. In addition, we belong to a network which sources and vets potential investment opportunities for the group to evaluate.
Business Advisor
The most common question I hear is How Much of my portfolio should be invested in Real Estate? Cash? The market? Hard Assets? Etc…That’s not an easy question to answer as no two persons have the exact same risk vs reward profiles. What might be completely comfortable to one person may be scary to someone else. This kind of asset allocation can become difficult as most entrepreneurs tend to stay in their comfort zones, meaning they invest in what they know best. Sound good?? It’s also a great way to overlook amazing opportunities.
To be clear, we do NOT give Investment Advice. It should be noted that the almost every market, including the equity markets, are highly volatile. The best tool is education. If we had a crystal ball and could predict the future, everyone would be retired living on an island.
Cryptocurrency and Decentralized Finance
A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.
Experts believe that blockchain and related technology will disrupt many industries, including finance and law. The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.
Cryptocurrencies are digital or virtual currencies underpinned by cryptographic systems. They enable secure online payments without the use of third-party intermediaries. “Crypto” refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions.
Where do I start with Crypto?
Start with knowledge. There is a plethora of info available online. If you have not already done so, check out my blog where I address a lot of the basics of crypto, the terms, and things you should know.
We even launched a YouTube channel to help walk you through some of the basic concepts. Just like every other aspect of your life, you need a plan with clear goals, and defined steps on how to achieve those goals.
Next, take a look at various exchanges like Kucoin, Coinbase or any of the others and when you are ready, get started! Stop talking about what you are going to do, or want to do, and just do it! Time waits for no one person. If you are still hesitant, reach out to us. Together, we can help you create a plan to achieve your goals.
Strategic Advisor/Mentor/Board Member
I’ve spent most of my career in the service of my country both in and out of uniform. Over the past 30+ years I’ve developed a unique perspective on all matters related to financial health & wellness, as well as security and strategy, and more. While I won’t talk much about this here, if you have a need regarding these matters or other personal issues, let’s talk. Why not take advantage of the successes and failures, I have been through so you can learn what to do, and what to avoid?
Next Steps…
Please reach out to me for a Confidential Discussion to determine if we can help you achieve your life goals!