Managing significant wealth is rarely straightforward.
For many high net worth individuals and families, wealth can start to feel less like an advantage and more like a coordination problem. You may have multiple advisers, multiple structures and multiple decisions, but no clear framework bringing it all together.
That is where a Virtual Family Office (VFO) can be incredibly valuable.
A Virtual Family Office (VFO) is a way of managing wealth that brings structure, governance and coordination across all areas of your financial life, without the cost and complexity of building a traditional family office.
Many people assume the solution to complexity is to create their own family office.
In reality, that is not always practical.
It is generally accepted that you need $100 million or more to justify a traditional family office, with running costs often between $1 million and $2 million per year.
For many families, that does not make sense.
A Virtual Family Office provides many of the same benefits, but in a far more flexible and cost effective way.
Rather than building a large internal team, a VFO brings together your existing advisers and helps ensure they are working together effectively.
At Wealth Differently, that means:
The focus is not just on advice.
It is on making sure all the advice fits together.
A Virtual Family Office (VFO) is particularly valuable when:
In practice, this often starts to become relevant from around $10 million to $20 million of wealth, depending on complexity.
You are the focus.
We work with a small number of clients so we can understand your circumstances properly and tailor solutions to your needs.
Your advisers work together, not in silos.
We ensure the right people are involved and that strategies are aligned across all areas of your wealth.
A Virtual Family Office delivers many of the benefits of a traditional family office at a fraction of the cost.
We are independently owned and licensed.
We do not receive commissions or product payments. We are paid by you, which helps minimise conflicts and keeps your interests front and centre.
Wealth does not need to feel complicated.
But without structure, it often does.
A Virtual Family Office helps bring clarity, coordination and confidence to your decision making, so your wealth works the way it should.
If you are managing significant wealth and want more structure, coordination and clarity, you can learn more about how I deliver a Virtual Family Office here.
Kind regards,
Shelley Marsh
Outsourced Chief Investment Officer (OCIO) & Founder
Wealth Differently
General Advice Warning: Wealth Differently holds an Australian Financial Services licence to provide services to wholesale clients only. The information on this website is only for persons who are wholesale clients as per s761G of the Corporations Act. The information includes general advice which does not consider your particular circumstances and you should seek advice from Wealth Differently who can consider if the strategies and products are right for you. You should also understand that past performance is often not a reliable indicator of future performance and should not be solely relied upon to make investment decisions.
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