Our Mission
Family Office Association’s mission is to be the most trusted and respected membership organization exclusively focused on providing resources, education and guidance for global ultra-high net worth individuals and families. FOA’s focus is to help each member maintain multi-generational family wealth using a foundation of best practices, values, and a sense of purpose through the establishment and effective management of their own customized single family office.
Part of our mission is to encourage all family members to become involved in the goal of developing and preserving family legacy through the instrument of the family office. To achieve this goal we have regular meetings to build community and inspire each other, while inviting notable speakers and experts who we feel will broaden our outlook and bring in the freshest and most relevant ideas in the field. These gatherings are underwritten by the FOA Resource Council, a collection of the best in the industry that we feel understand the importance of education and relationship building. We welcome the wisdom and experience of our Resource Council and like to encourage their beneficial interaction with our membership. Everyone in the Resource Council and the FOA membership agree to abide by the FOA Protocol:
The Family Office Association is a relationship-focused organization that prizes the trust developed in the privacy of a commercial-free setting. Solicitation is strictly prohibited between members, and between advisors and members. All discussions shall be kept confidential to encourage openness and sharing of experience. FOA reserves the right to dismiss members and advisors if there is any violation of this policy.
The Family Office Association does not sell, refer, or recommend any investments, funds, or services of any kind. FOA does not collect any revenue outside of member dues and Resource Council underwriting fees. Member information will be kept absolutely confidential with no exceptions.
“Now, more than ever, ultra high net worth individuals and families need to make informed investment decisions as well as thoughtful family leadership, mentoring and philanthropic choices. FOA is positioned to help every family or individual make timely decisions with the advice of trusted advisors, educated service providers and, most importantly, their peers to enhance their family legacies.
-- Angelo J. Robles, Founder & CEO, Family Office Association
WHITE PAPER
FOA has demonstrated the need for families of wealth to create an SFO to manage their personal finances and affairs through the white paper:
Creating a Single Family Office for Wealth Creation and Family Legacy Sustainability.
FOA’s White Paper is a comprehensive look at the entire SFO life cycle. Topics addressed include the formation of a business plan and mission statement, weighing the pros and cons of different legal structures, and how to incorporate the family advisory committee. The often-overlooked importance of family office technology and the finding of key personnel are explored, in addition to ways to manage expenses. Guidance is provided by some examples of successful family offices that have found methods to integrate the astute and wise management of the family legacy with modern methods. A few key considerations for establishing a SFO explored in the white paper include:
1. Control
Now, more than ever, wealthy families need to consolidate their investments and manage their business and family affairs more efficiently, effectively and privately to sustain their wealth and preserve their legacy for generations.
2. Risk Management
Single family offices offer prudent and sophisticated stewardship of wealth combined with a close watch on the potential risk of the entirety of the family’s investments. A family of wealth should consider an SFO to reduce risks and take advantage of new opportunities in ways that will energize the current portfolio while protecting and shielding their heritage for the future.
3. Integration
An SFO allows families to integrate wealth management and philanthropic activities as well as family governance under one roof. It is also the place where education of the family members can be coordinated to transfer values and promote family unity.
Benefits of Membership
The Family Office Association came about from discussions we had with families of wealth and their advisors over a year ago in Greenwich, Connecticut. We felt there was a real need expressed in these informal focus groups for an organization exclusively devoted to providing a positive networking experience and building strong connections for families and SFO professionals on the local level and beyond. We also felt there was a desire for an entity that focused on the birth, care and feeding of the single family office. If there was a place for a serious and structured exchange within a small, select membership and if we could provide the quality of content these families demand and deserve, then we might be able to supply real value and distinction for this very timely demand.
In accordance with our mission we seek to develop the best network of families and single family offices interested in building relationships of trust with each other and who also seek the best advice and resources available. We offer two significant daylong FOA Summits in the spring and fall that bring together the best of new ideas and options in investments, family governance and family office best practices. We have regular breakfast and lunch meetings every month to learn from one another and hear experts share their insights on current topics. We are building a safe, encrypted and secure online network for members to discuss family office issues, share information and request referrals. They may also anonymously post questions to the Resource Council, which represents members of the industry who we feel are aligned with our values.
JOIN TODAY
We encourage you to apply today to JOIN the Family Office Association to start benefiting immediately from our resources and collaboration with other members. CLICK HERE to apply today.
Membership is exclusive to qualifying individuals, families, and single family office executives only.
CONTACT
For more information on membership contact:
Angelo J. Robles
Founder & CEO
Family Office Association
www.familyofficeassociation.org
angelo@familyofficeassociation.org
203-570-2898
Membership is exclusive to qualifying individuals, families, and single family offices only – no suppliers or advisors memberships offered.
Click Here to Download our Benefits of Membership Brochure
Click Here to Apply for Membership
