The Family Office Exchange (FOX) has added three firms to its list of wealth advisors capable of providing multifamily office services to ultra-high-net-worth clients.
The Caprock Group in Seattle, San Jose, Calif., and Boise, Idaho; the Commerce Family Office in Missouri, and the Geller Family Office Services in New York have been added to the firms judged by FOX to have the resources and expertise to serve the ultra-high-net-worth client.
FOX is a global counseling service for family office management for families with $20 million or more in investable assets.
The Caprock Group serves 75 family clients with $1.5 billion in assets under advisement. The Commerce Family Office serves 75 family clients with $6.5 billion in AUA and the Geller Family Office Services serves 37 family clients with $5 billion in AUA.
"These additions are part of an ongoing process to identify and compile a comprehensive list of firms capable of delivering integrated wealth advice to families with more than $20 million in investable assets," says FOX founder and CEO Sara Hamilton. "Financially successful families have more complex needs that require the expanded capabilities of an integrated wealth advisor."
Thirty-three organizations have met the FOX standards for serving the ultra-high-net-worth, meaning they have the financial strength, management experience and resources necessary to provide a full range of integrated wealth advice to family offices