What is a Family Office?
A Family Office is a private wealth management firm which serves High Net Worth Individuals (HNWIs). These differ from the more traditional wealth management firms as they offer a full-rounded solution to managing wealth. It is not only financial management services that these offices offer, but they also help with budgeting, insurance, charitable giving, tax services and many more.
The aim of a Family Office is to offer a broad spectrum of services to a limited clientele. A Single-Family Office will serve one individual and their family. A Multi-Family Office will serve multiple families.
It is important to note that Family Offices also offer non-financial services. These include schooling, travel and other household arrangements. Therefore, many Family Offices are in partnership or collaboration with related companies.
Sophia Tutino Yachting and Family Offices:
Sophia Tutino Yachting is the trusted yacht charter expert to Family Offices and High-Net-Worth individuals. Sophia Tutino, the Managing Director of the company is universally recognised with the Family Office space thanks to her expertise in the luxury industry. Sophia also sits on the advisory board of the Global Family Office Community (GFOC). Sophia Tutino Yachting has established itself as the exclusive and reliable supplier of yachting services to the Global Family Office Community.
Sophia Tutino Yachting works alongside these Family Offices to provide expert advice on luxury lifestyle and travel.
How is Sophia Tutino Yachting tailored to Family Offices?
Through various conferences, seminars, meetings and private events, Sophia Tutino remains informed on the latest Family Office trends, interests and behaviours. This is crucial for our relationships with the Families. Understanding each other is being able to work together. We are dedicated and focused on the Family Office world.
Furthermore, Sophia Tutino Yachting provides a personalised service thanks to its boutique size. Each client can be perfectly matched with a tailor-made charter. To ensure each charter yacht is of the highest quality for clients, Sophia and her team are dedicated to attending yacht shows and open days on yachts to fully experience the yachts. This enhances the personalised selection of yachts we can offer potential charterers.