How a Fractional Family Office President Simplifies Your Life

When your wealth reaches a certain level, the people in your orbit multiply.

There’s the investment advisor. The CPA. The estate attorney. The insurance specialist. The banker. The property manager. The philanthropic consultant. Each is essential in their domain.

But here’s the truth: they rarely talk to each other unless you make them. And that means you—an owner of companies, properties, and assets—are also the full-time project manager of your own financial life.

You schedule the calls. You forward the documents. You repeat the same story in three different meetings. You keep the mental spreadsheet of “who knows what.” And if you don’t follow up, the ball gets dropped.

For many wealthy families, this is the hidden cost of success.

The Traditional Family Office — and Why It’s Not Always the Answer

For decades, ultra-high-net-worth families solved this with a single family office: a full in-house team led by a family office CEO or family office executive, handling everything from investment strategy to estate planning, tax planning, family governance, and succession planning.

It’s an elegant solution — but also an expensive one. The cost of operating a single family office often exceeds $1 million annually. And for many families with $10 million, $50 million, or even $100 million in assets, that level of fixed cost and staffing isn’t practical or desirable.

The alternative, a multi family office, offers shared resources and lower costs, but often at the expense of complete personalization and flexibility.

The Rise of the Fractional Family Office

Enter the Fractional Family Office President (FFOP) — a modern model for those who want the integration and leadership of a family office without the full-time infrastructure.

In this model, the FFOP acts as your single point of contact for all wealth management activities. You keep your trusted professionals — your investment manager, your CPA, your attorney — but your FFOP ensures they are working from the same plan, with nothing lost in translation.

This is fractional wealth management in action: full oversight, without the fixed cost of an in-house team.

What Select Advisors Institute Does as Your FFOP

Under the leadership of founder Amy Parvaneh, Select Advisors Institute serves a select group of wealthy families in a coordination and oversight role that touches every part of your financial life:

• Investment Oversight & Reporting – Attending manager meetings, reviewing quarterly reports, clarifying performance and risk exposure, and ensuring your investment strategy aligns with your tax and estate priorities.

• Fee Negotiation – Securing favorable terms with investment managers, bankers, insurance providers, and other key service partners.

• Tax Planning Integration – Coordinating with your CPA so tax strategy is proactive, documents are delivered on time, and investment decisions are tax-aware.

• Estate Planning Coordination – Ensuring attorneys, CPAs, and investment managers are aligned on trust structures, beneficiary designations, and titling.

• Family Governance & Succession Planning – Facilitating conversations about roles, responsibilities, and transitions, so future generations are prepared.

• Philanthropy Management – Coordinating gifts, donor-advised funds, or private foundation activities with your advisors for maximum impact and efficiency.

• Insurance Oversight – Reviewing coverage with specialists to ensure assets and liabilities are protected as circumstances change.

• Administration & Bill Pay – Overseeing household or entity bill payments, tracking cash flow, and consolidating reporting.

• Major Purchase & Project Management – From property acquisitions to yacht financing, coordinating legal, tax, and financing details.

• Lifestyle Support – Coordinating with bankers, insurance providers, and advisors for liquidity during vacations, property rentals, or travel.

The Benefits You Actually Feel

• Clarity – One person accountable for the big picture.

• Efficiency – No duplication of work; fewer missed opportunities.

• Independence – Keep your trusted professionals; replace any one without disrupting the whole.

• Time Saved – You stop being the middleman.

If You Have Any of These Questions, It’s Time to Call Us:

1. How can I get someone to coordinate my financial team so I don’t have to?

2. Who can oversee my CPA, attorney, and investment manager without replacing them?

3. Can I hire someone to make sure all my advisors are on the same page?

4. How can I reduce the number of meetings and calls I have to attend?

5. Who can track deadlines for taxes, trusts, and insurance renewals?

6. Can someone negotiate lower fees with my investment managers?

7. How can I simplify my quarterly investment reporting?

8. Who can make sure my estate plan matches my investments?

9. Is there someone to handle special projects, like buying property or a yacht?

10. Who can manage philanthropy and charitable giving in coordination with my advisors?

11. How do I keep from forwarding the same documents to three different people?

12. Can I have a single point of contact for all my financial and legal matters?

13. Who can ensure my tax strategy is proactive, not reactive?

14. How can I protect my privacy while still giving my team the information they need?

15. Is there a way to have one consolidated financial report for everything?

16. Can someone help with family governance and preparing the next generation?

17. How can I ensure my insurance coverage matches my assets?

18. Can I get help coordinating liquidity for major purchases or travel?

19. Who can make sure my advisors are actually implementing their recommendations?

20. How can I have the benefits of a family office without the full-time staff?

Important Disclosure: Select Advisors Institute provides coordination and consulting services only. We do not provide investment advice, manage client assets, prepare tax returns, or provide legal services. All references to other professionals are illustrative. Clients should perform their own due diligence before engaging any third-party professional.