 |
|
Developing a Distinctive Business Strategy |
| |
FOX consultants are able to support the
management team in their development of a realistic
and profitable business strategy to attract clients in
the $20+ million wealth
owner market.
Key deliverables may include:
|
| |
|
• An overview of the wealth management marketplace
with proprietary insights about the
changing needs of
the ultra-wealthy client
• An assessment of the firm’s current sales and service
offering, internal organization
structure, and target
market identification
• Recommendations in support of strategic alternatives,
market focus and specific
strategic objectives |
| |
|
 |
|
Designing a Multi-Family Office |
| |
We help individuals, family groups and organizations
establish multi-family office platforms.
Our process results in the creation of a customized multi-family
office designed to address management’s objectives.
Key deliverables include:
|
| |
|
• Analysis of current embedded client base
• Organizational structure alternatives
• Key personnel requirements
• Operational systems
• Products and services mix (internal versus outsource assessment)
• Suggested fee schedule/pricing |
| |
|
|
 |
|
Optimizing Service Delivery |
| |
Client service in the ultra-high-net-worth market segment
entails understanding and advising clients on the entirety
of their complex financial needs. Estate and tax planning,
asset ownership structures, family legacy and philanthropy
issues are all involved when providing integrated wealth
management or multi-family office services.
We work with you to optimize your delivery strategy and
infrastructure, helping you maximize service quality while
managing costs of delivery.
Our assistance can include:
|
| |
|
• Pricing analysis and strategy
• Service team capacity and profitability modeling
• Client profitability modeling |
| |
|
 |
|
Assessing Client Satisfaction |
| |
As an independent and objective third party, we are
able to gather valuable feedback on your people,
products and services from your existing client base.
This information can help you direct your marketing
efforts, set strategy, refine your service offering and
prioritize your product development initiatives.
We use a combination of electronic, paper and phone
surveys to provide you with:
• An accurate measure of current client satisfaction
• An inventory of areas for improvement
• A current read on client objectives and priorities
|
