Family Offices

Overview

Tannenbaum Helpern recognizes the increasing oversight by federal and state regulators of investment made and controlled by family offices in US and those organized outside of the US investing in the country. This is especially true where family assets are invested in a commingled format or provides investment services to non-family members. Tannenbaum Helpern's Family Office Regulatory Group understands the multi-generational and operational aspects and structures of family offices.

Drawing on 30 years of experience in applying concepts well-developed and understood in the hedge fund and private equity to family office structures and regulatory issues, Tannenbaum Helpern attorneys provide each family office client a tailored and focused solution to meet its particular needs and goals. Attorneys in the Family Office Regulatory Group are skilled in legal issues involving financial services matters, SEC, FINRA and CFTC regulation, compliance and registration, and taxation (income and estate). They have in-depth knowledge of all private fund structures (hedge, private equity and venture) currently in use and experience in the construction of funds and managed accounts.

Comprehensive Services:

• SEC, FINRA, CFTC and state investment adviser regulatory matters, regulation, registration and compliance
• Single and multi-family office structures
• Inter-generational agreements and trust structures consistent with underlying investment subscription documentation and distribution arrangements
• Managed account agreement and platform structures and negotiation
• Placement agent agreements and third party broker dealer arrangements
• Capital and seeding agreements, including capital investments outside of the family
• Income and estate planning
• Tax and ERISA implications
• Due diligence with regard to alternative investments
• Exit strategy for existing investments
• Hedge fund and private equity arrangements such as special purpose vehicles (US and non-US)