TheFamilyOfficeAdvisor

Family office advisor | JD, LLM (Tax) | The tax & legal side of family offices most advisors miss | Built for $50M+ families & those who serve them | DMs open

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Who Should Follow Me

If you manage or advise on serious wealth, this account is for you.

[Chris Schmidt @taxmaster100]

Asset allocation impacts things from risk, free cashflow, and wealth generation. Determining what the appropriate allocation is for your FO should be based on a solid and well-defined investment policy with clear goals and objectives.

[TheFamilyOfficeAdvisor @TheFOAdvisor]

The question isn't 'do I need a family office?'
The question is: which structure fits MY situation?

If your advisor can't walk you through all three — that's your answer.

Follow for more on navigating wealth at the top end. 👆

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Should you Have a Family Office?

You have $50M+ in liquid assets.
Your advisor says you don't need a family office.
They might be wrong.

Here's how to actually decide 🧵

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Virtual Family Office (VFO)
→ Curated network of specialists under your coordination
→ No fixed overhead — you pay for what you use
→ Increasingly popular at $50M–$150M
→ Best for: Entrepreneurs and executives who want control without cost

[TheFamilyOfficeAdvisor @TheFOAdvisor]

The lesson: the goal after a big exit isn’t to get rich once.

It’s to stay wealthy for decades.

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Who Should Follow Me

If you manage or advise on serious wealth, this account is for you.

[TheFamilyOfficeAdvisor @TheFOAdvisor]

The best family offices aren’t just “managing money.”

They’re building a system around the founder:

investments, risk, estate planning, and long-term strategy.

[TheFamilyOfficeAdvisor @TheFOAdvisor]

A liquidity event can create a new kind of risk:
too much concentration, too little planning, and a sudden need to make decisions fast.

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Most founders think the hard part is building the company.

It’s not.

The hard part is what happens after the exit.

[Molly O’Shea @MollySOShea]

BREAKING: Inside Marc & Ben's Multi-Family Office — a16z Perennial

Chief Investment Officer, Michel Del Buono

Why wealth management is broken & how to financially prepare for a SpaceX IPO

This is a closer look at how $50M–$1B+ personal portfolios are actually constructed & managed

Important: Michel also explains why many founders make critical mistakes immediately after their first liquidity event, & how to avoid them.

We cover:
• The “no man’s land” between wealth managers & asset managers
• How founders should handle liquidity events ($50M–$1B+)
• Diversifying concentrated stock without killing upside
• Venture returns & why manager selection matters more than exposure
• Real estate, taxes, & after-tax alpha
• Why volatility is an opportunity, not a risk
• How to actually choose (and not get trapped by) a wealth manager

Special thank you to Dave Maloney

𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒

(00:00) Michel Del Buono, CIO @a16z Perennial
(01:25) The idea behind a16z Perennial
(03:38) What’s broken in wealth management
(09:05) How wealth has changed over time
(11:57) How fee structures shape portfolios
(15:26) Why single family offices are hard to run
(19:47) Who wealth management is really for
(23:26) What makes Perennial different
(22:21) Preparing for massive liquidity events: SpaceX, OpenAI...
(24:01) How to choose the right wealth manager
(26:39) Why switching firms is so hard
(28:01) How portfolios are actually built
(31:29) Why volatility is an opportunity
(32:47) Why real estate is so powerful
(34:55) Taxes and the Billionaire Tax debate
(38:46) Should you move to save taxes?
(40:59) Chamath : SPAC losses & how they affect taxes
(42:21) Secondary deals, fake Anduril SPVs & the risks
(46:16) What drives returns in Venture Capital
(49:42) Biggest Lesson from Marc Andreessen & Ben Horowitz
(51:27) The biggest mistake founders make with money
(52:53) How to invest after a big exit
(54:16) Concerns around private credit
(56:38) What big IPOs mean for markets
(58:08) Keeping up with markets
(59:35) What’s the focus this year at a16z

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Who I write for:
→ Advisors who serve family offices or $50M+ clients
→ Individuals or families with $50M+ in liquid assets
→ Family offices with $150M+ in net worth

[TheFamilyOfficeAdvisor @TheFOAdvisor]

I post about:
→ Family office structure, governance & setup
→ Wealth preservation strategies for $50M–$500M+ families
→ Mistakes I see advisors and wealthy families make
→ How the bes family offices actually operate