VFO
About VFO
Priwexus VFO is a value-add service exclusively meant for Priwexus Members to help them assemble a highly talented and experienced team of family office professionals and providers to specifically meet the needs of a family office. The Priwexus VFO team works closely with families to fully understand the family's needs and goals. In the VFO mode of operation families pay only for the services they need.
At some point, the financial success one has achieved may require a higher level of services that goes beyond what a financial advisor or a wealth manager are able to provide. This is where Priwexus VFO comes in.
Priwexus VFO takes a comprehensive approach to form a holistic, interconnected family office framework for Priwexus Member families.
Priwexus VFO Team serves as coordinators who build the right team of experts to serve a family’s unique needs. We take a big picture approach to managing your family office, and we differentiate ourselves by our understanding of YOU.
How Priwexus VFO Operates
At the center of Priwexus VFO is the member family or individual, supported directly by our VFO team which coordinates the efforts of various family office service providers on behalf of the family. The VFO team delivers high-end products and services needed by a family office through a hand-picked pool of VFO partners. The team draws on the skills and expertise of VFO Partners that include a broad array of specialists to deliver advanced planning products and services that go beyond mere investing—such as family governance, estate planning, strategic tax planning, philanthropy services and more.
By centralizing various family office specialists and service providers on one platform, Priwexus VFO aligns the best-in-class solution providers to achieve the unique family office objectives of each family.
Priwexus VFO is designed to manage, administer and grow the family's wealth with an eye towards social impact & philanthropy and a desire to inspire and prepare the next generation to continue the legacy of the founder.
Priwexus VFO Services
Priwexus VFO Process
Discovery
Our process begins with a deep discovery of your family office needs. We go beyond the numbers to understand the lifestyle you’ve created for yourself.
Proposal
Customized goals-based recommendations on your family office structure and the preferred partners to achieve your objectives.
Implementation
Working together with you and the selected VFO experts towards a common goal as detailed in your family office plan.
Results
Achieving your goals and continuously monitoring your journey and the performance of VFO experts
Coming Soon!
Why Priwexus VFO
Priwexus VFO is uniquely positioned to support the overall family office needs of a ultra high networth family with a theme of fostering legacy and ushering growth. Due to regulatory limitations, entities like wealth managers, asset managers, lawyers, tax professionals, brokers, etc. are unable to offer comprehensive family office solutions.
Priwexus VFO addresses this problem with its unique structure as an aggregator of service providers and subject matter experts.
Priwexus member families get access to a pool of pre-screened, specialized professionals and institutions from the family office advising domain. Whether a family is already having a single family office or yet to set up the same, we understand that finding the right talent and service providers for your family office can be very overwhelming given the lack of skills and fragmented nature of the industry. Priweuxus VFO not only offers the families an access to the best-in-class service providers but also plays a friend, philosopher and a guide in the process.
Our team of experts and our VFO partners possess all the right capabilities for providing strategic advice and practical solutions to families as they navigate the challenges of managing substantial business and financial assets.
Priwexus VFO Advantage
Competence
We have on-boarded top notch professionals and institutions encompassing all service domains to cater to the complete needs of a family office. We are constantly in the process of attracting and screening the finest available talent across all specialties to serve our members' needs. Each of our service partners is carefully-screened through an arduous onboarding process.
Project Management
Our team has the requisite skills and experience in coordinating the flow of information among various advisors, monitoring their work and reporting to the family in a timely and coherent manner. We synchronize the work of lawyers, wealth managers, financial advisors, tax professionals, accountants, and other professionals—working with the existing relationships of our clients and introducing new ones from our network as per the specific requirements and objectives.
Cost Efficiency
We at Priwexus offer a highly effective VFO capable of delivering quality investment, tax, legal, investment banking and consulting services at a fraction of the cost of owning and operating a full-fledged family office.
Objectivity
Priwexus avoids any conflicts that might arise from engaging a specific professional service provider and focuses on ensuring an objective and independent set of solutions.
Integrated Advice
Priwexus ensures that expert advice from disparate professionals interweaves together to solve our members' problems. We help our members become free from the unwieldy task of tracking different relationships, as well as lack of coordination among various advisors. We ensure that our identified team of professionals rather than operating in silos, collaborate together to create a seamless and holistic experience for our members.
Priwexus VFO Ecosystem
Priwexus started as a unique community for successful Indian family businesses and single family offices and is now evolving itself as an innovator in the family office space with India's first “Virtual Family Office”.
As trusted advisors and partners, we act in the best interest of our community members and partners. This allows us to synergise Priwexus VFO in a manner that we can support all the needs of our clients.
To deliver our promise of providing high quality and trusted advice, we have curated a network of independent subject matter experts, firms and institutions.
We synchronize the work of our professional network of lawyers, wealth managers, financial advisors, tax professionals, accountants, and other professionals, as per the specific objectives and requirements of our clients.
