Family offices requirements include: chief adviser to the family, investment management, financial administration, trustee services and back-office support services. Typical activities in a family office include trade execution, reconciliation and performance reporting. Normally family offices use custodian Banks or Trust primarily for custody, partnership accounting, reporting and investment analytics. Trusts provide a wide range of services to family offices and Trust beneficiaries.

Some examples include:
» Investment management
» Investment strategy & planning
» Asset allocation and divestiture
» Administration - reporting, record keeping, estate planning
» Tax - preparation and filing, planning, compliance
» Legal
» Property management
» Charitable giving
» Insurance management

The biggest differentiator between traditional family offices and today's family offices is technology. More families are now looking for ways to streamline their operations and technology in order to cut costs. IMWF provides a way to deal with family offices in meeting the family goals.