Family Offices


Now Family Office teams can take advantage of the fund administration services of Alta Trust to simply and organize certain aspects to their businesses.

A Family Office is a private company that manages investments and trusts for a  wealthy family that has accumulated assets from a lifetime of successful business activities. The company's financial capital is the family's own wealth which is often accumulated over many family generations.  The Family Office may be set up for a single family or for multiple families.  Traditional family offices provide personal services such as managing household staff, making travel arrangements and paying bills. 

Over time the management of assets for numerous beneficiaries over a few generations can become complicated.  Sometimes beneficiaries may not even know each other.  Therefore, the management of assets through single investment strategies may not be desirable for different beneficiaries.  Alta Trust through its deep fund accounting capabilities can create funds with differing investment strategies and provide the proper accounting which can then be rolled up to the master trust.  In this way peace and harmony can prevail as beneficiaries receive investment management in the way they prefer while still adhering to the provisions of the original trust documents.