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IQ-EQ launches Family Office Services for UHNW clients

5 min read


Investor services group IQ-EQ announced the launch of its dedicated, holistic Family Office Services. The enhanced offering is designed to support the cross-border and increasingly complex requirements placed on family offices by their ultra-high-net-worth (UHNW) families to protect and grow their private capital for generations to come.

The launch comes as the family office space expands, evolves and diversifies, with globally minded UHNW families embracing more sophisticated governance and an increasingly international and multi-asset class approach to investment strategies.

IQ-EQ, which has been servicing the UHNW community for over 50 years under the umbrella of its private wealth segment, recognised the need for a dedicated, cross-segment offering that would cover both traditional fiduciary and administration services as well as more recent requirements, such as environmental, social and governance (ESG) and key risk indicator (KRI) reporting, deal flow, regulatory and tax compliance, philanthropy, alternative and luxury asset services.

With Family Office Services, IQ-EQ brings together a range of key services across all of the group’s core segments, including funds and institutional in particular, given the increased demand for co-investment vehicles from UHNW families and their family offices. The enhanced offering encompasses specialised niche support teams, access to the group’s bespoke investor solutions multi-asset class reporting platform powered by IQ-EQ Cosmos, presence and expertise in 23 countries and extensive experience servicing the full spectrum of asset classes.

The offering targets single and multi-family offices as well as high-net-worth executives and entrepreneurs looking for a virtual family office set-up.

Commenting on the launch, Steve Sokić, IQ-EQ’s group head of private wealth and chair of its Family Office Services committee, said, “Since our strategic rebrand to IQ-EQ last year, our guiding vision has been to continuously develop a deeper understanding of the individual needs of our clients in key market niches. This is how we stay competitive and bring value. We’ve added a number of key capabilities over the last few years and now by bringing together a dedicated cross-segment offering, which is relevant for and demanded by our many family office clients worldwide, we’re able to service their unique and evolving requirements better than ever.”

“With the next decade set to be full of challenges and opportunities as trillions of dollars are passed down to the next generation, we want to make sure we’re as focused and flexible as possible to be trusted partners to our family office clients and the families they represent throughout their evolution and across generations,” Sokić added.

Re-disseminated by The Wealth and Society

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