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FOX Consulting Services
Consulting tailored to your needs …
For Family Offices
Benchmarking
FOX conducts structured benchmarking studies for family offices. We can measure the
scope of your services, systems capabilities, cost effectiveness and other aspects
of your operation relative to other offices. You'll receive a customized report
showing how you compare with the universe and subset peer groups. This exclusive
data will enable you to gauge your success, identify areas for improvement and
plan for the future.
Compensation Consulting
FOX offers a range of services in this area, including education and perspective
on compensation structure and levels. We can provide peer benchmarking of your
compensation levels, including data for specific positions. We can also work with
you on a full compensation design, structuring a plan that includes base compensation,
short-term incentives/bonuses and long-term/deferred compensation. Besides making
recommendations on levels of compensation, FOX provides a methodology for establishing
professionals' objectives and measuring progress.
Family
Office Blueprint™
If you are a family with new liquidity and
evaluating the kinds of services you want your family office to deliver, you may
be asking what a family office can do for you. FOX's Family Office Blueprint™
developed from years of advising families like yours, answers this question.
Our
unique, trademarked process helps families set goals and objectives, then lays
out the costs and requirements to achieve them. If you decide to open a dedicated
family office, you can use the Family Office Blueprint™ as a model to determine
your organizational structure, personnel needs, operational systems, office budget,
financial and specialty services and allocation of costs to family members.
Family
offices that have used the Family Office Blueprint™ say it was invaluable
not only in structuring their operation at the outset, but also as a historical
reference. As their offices evolved, they found it helpful to have documentation
on important discussions and decisions.
Quality
Assessments
FOX consultants can evaluate the components of your family
office operation to give you a better understanding of how your objectives are
being met and determine the operation's effectiveness. We'll help you achieve
best-of-class standards through proactive approaches that will transition you
into the next stage.
Contact
FOX via e-mail for Consulting Services Information
Or
call Jennifer Wurtz at 312-327-1232
For Owners
Introduction
to Wealth Seminars
Individual families that experience a major change
— a liquidity event, for example — can greatly benefit from this basic
seminar. Many families in this situation may not know where to begin or what decisions
need to be made. Our consultants offer important guidance in planning for the
future, including first steps, helpful resources and perspective on how other
families handle similar challenges.
Family
Strategic Planning
FOX consultants offer invaluable assistance and
perspective as families establish their missions and goals. We help you define
what you want to accomplish and put together a strategic plan to make sure you
get there.
Contact
FOX via e-mail for Consulting Services Information
Or call Jennifer Wurtz at 312-327-1232
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