The term “family office” was first used in the late 1960s to describe a specialized unit within a large company that provided back-office services to support the family of the founder or owner of the company. In the late 1980s, the term began to be used to describe a new type of organization that was being created by families as a way to manage their wealth. Today, a family office is a private wealth management advisory service offered to ultra-high net worth investors to centralize focus and control over family finances, legal, tax, and issues.
What is a family office? Essentially, it is an office that acts as the centralized financial point of contact for a wealthy family. In this role, the family office manages the financial affairs, investments, and financial needs of the family, as well as providing advice where necessary. It's important to note that family offices are not synonymous with wealth management.
While a family office can offer wealth management services, it can also provide other services such as accounting, estate planning, tax planning, investment management, and other financial services that a family may require.
Concierge services are necessary for High Net Worth clients or Wealthy families to provide personalized services to save time so that the client can focus on performing their routine or specialized tasks. Our Concierge services include Concierge Medicine, Lifestyle Management / Personal Concierge, Hotel Concierge, Travel Concierge, etc.
We have Our Family Office in Chennai.
The world of finance is changing and so are the needs of wealthy families. NJ Macson family office in Chennai provides customized wealth management solutions for clients with a team of financial advisors, family counselors, and wealth managers. Wealthy families can use the services of the Family Office in Chennai for their business and personal needs.
Chennai is one of the Top Metropolis in India, Chennai has many wealthy families with economical growth at a rapid pace. The city has been ranked as India's One of the fastest-growing cities. Chennai is also one of the top ten richest cities in India. The city is a leading industrial and commercial hub of South India and is one of the major centers of the automobile, food, information technology, and Entertainment industry in the country. It's our honor, pride, and privilege to serve some of the top people from these industries.
Check out our blog here to know more
As a family office, we take a personal approach to helping our clients. When you work with us, you’ll receive dedicated, one-on-one guidance from a member of the NJ Macson family. We look forward to getting to know you and helping you achieve your financial goals.