The modern world offers great opportunities for high-net-worth owners, but it also creates new challenges, such as stricter regulations, increased tax burdens, and impact of outside factors. There's a growing need to protect existing assets, find experts to evaluate new investment opportunities, or explore inheritance strategies. Brokerage firms and banks are of little help in this regard, as they focus solely on selling financial services and products to maximize their commission.
A team of in-house specialists with a background in legal affairs, investments, and audit provides advisory support for HNW clients on emerging issues and engages trusted experts to address a wide range of issues – from managing securities portfolios to obtaining citizenship or finding options for heirs to study abroad. A family office is not a set of standard services, but a customized approach tailored to the values and needs of wealth owners.
Wealth owners in developed countries traditionally entrust these tasks to family offices.
They provide high-net-worth families with professional management of their assets and
choose sound investment policies to preserve and grow their assets, as well as develop
a family vision and wealth management strategy.
A family office is the family's "think tank" for all occasions in life.
VERBA PRIVATE WEALTH is a classic wealth management office. We've gone through every stage of transforming an asset management company into a single-family office, incorporating the best world practices in this field of expertise. Our mission is to help every family develop and implement their own wealth preservation strategy for their heirs and reduce costs.
Our main advantage is our unique experience in managing high private wealth. The CEO of VERBA PRIVATE WEALTH personally went through the entire process of establishing a family office. Thanks to his competence and expertise, we were able to build an optimal family office structure, establish relationships with leading experts in all areas of family wealth management, and evaluate the effectiveness of most financial instruments and strategies in real-world context. The bundle of knowledge we accumulated during our operation as an asset management company is now used to strengthen family wealth.
Our planning horizon is not limited to 5-10 years; we build a roadmap for developing family potential for several generations, focusing on wealth protection and using balanced portfolios with minimal risk level. Owing to this approach our partners help prevent the erosion of family wealth across generations. This allows us to preserve and enhance the family's human, intellectual, and financial assets.
Our expertise extends beyond the selection of instruments and the creation of secure strategies, going beyond the capabilities of most traditional financial institutions. We are able to assess strategic, investment, and personal risks, we can also organize the education of family members and career planning for future generations.
Our task is to find the optimal solution in any situation and develop a wide range of options for any issue. Before commencing our work, we examine the family's goals and needs, then we accordingly build a financial plan and legacy planning strategy. Further, we develop a family vision, define values, establish family governance structures, and ultimately ensure the family's prosperity and control over assets.
If we don't have a specific subject matter expert, we address external experts from our extensive network of contacts. We work exclusively with professionals who are not tied to any specific location, as we are well-versed in Western customs and practices and value knowledge, skills, and reputation above all.
In forming lasting relations we are finding partners with similar views and objectives to share unique experience in family wealth management and optimize costs by acquiring the best expertise in all fields. Our top priorities are shared views and comfortable communication when discussing all matters.
The fundamental approach of our single-family office is to support family members
through expert consultations and recommendations and to engage them in wealth management.
Understanding how challenging but essential is for family members to learn how to manage
wealth, we don't offer
all-encompassing universal solutions, but rather explain the
tools and associated pitfalls and benefits. Control over the situation and decision-making
always remains with the beneficiaries
We are meticulous and pay close attention to detail, operate within the framework of law,
and carefully select our partners.
Our partners not only reduce costs and risks but also
provide us with access to top-tier expertise. They have an extensive knowledge base – from
selecting financial instruments for an investment portfolio to finding a manager for a winery.
