Sparrow Family Office Consulting, LLC’s Fiduciary Advisory Services program offers a one-stop single point of contact to oversee and manage your third-party professionals: investment advisor, bank, CPA/tax advisor, legal counsel including trust & estate. The program is customized to your needs and includes the following:
Investment Advisor
- Oversee investment performance.
- Ensure client investment policy and directives are followed by the Advisor.
- Negotiate fees and monitor fees.
- Handle all documentation requests.
- Find and replace investment advisor as needed or requested.
- Primary point of contact with all interactions with Investment Advisor.
Bank
- Manage all cash management needs.
- Ensure interest rates are competitive.
- Ensure deposit balances in excess of $250,000 are fully FDIC insured.
- Manage lending needs, source funding and manage the loan application process to closing.
- Handle all documentation requests.
- Primary point of contact for all interactions with Bank.
Legal Counsel/Trust & Estate
- Manage all document requests.
- Join client meetings with legal counsel as needed.
- Review suggested legal opinions with client.
- Find and replace legal counsel as needed or requested.
- Single point of contact with legal counsel.
Technology/Software Provider
- Assist in the selection of technology/software.
- Manage relationship with software provider(s).
- Manage Software updates and customizations.
- Primary point of contact for all interactions with eth software provider(s).
CPA/Tax Advisor
- Manage tax preparation and filing process.
- Gather all necessary documents and forms for tax filing.
- Ensure taxes are filed on time without unnecessary extensions.
- Review suggested tax strategies with client.
- Find and replace tax advisor as needed or requested.
- Primary point of contact for all interactions with Tax Advisor.
Private Investment Review
- Act as primary point of contact for all private investment opportunities.
- Review and vet private investment opportunities.
- Present vetted opportunities to client.
- Complete full due diligence on private investments.
- Partner with advisors and professionals on private investments as needed.