🎉Announcing Recent Developments at Lucia De Klein Private Office 🎉
We are pleased to inform our stakeholders about Kate Rees has decided to join our esteemed team as an independent consultant.
Family Office Advisor & Influencer
Kate Rees is a seasoned finance professional specializing in the family office sector.
She provides comprehensive services to high-net-worth individuals and their entities, assisting in managing their financial and operational affairs.
The scope of her expertise includes, but is not limited to:
Maintaining direct relationships with high-net-worth clients, their family members, closely held entities, and third-party advisors.
Taking responsibility for coordinating the implementation of a family’s vision and strategy, collaborating with all relevant parties across finance, tax, legal, and governance sectors.
Encourage younger generations to begin investing as early as possible and to generate engagement in inter-generational wealth management. (The earlier you start, the more time compound interest has to work its magic, creating growth over time)
In her capacity as the Head of Finance for clients, families, and their entities, Kate undertakes several critical functions, which encompass of:
Managing and nurturing relationships with third-party advisors, including those in the legal, accounting, banking, partnership, and finance sectors, while facilitating effective communication and information sharing among these advisors.
Overseeing the development and creation of financial reporting packages and modeling for family engagements, which include net worth statements, comprehensive asset reviews, cash flow reports and forecasting, income and expense statements, income tax summaries, planning strategies, budget management, and tailored reporting.
Providing communication highlight reports for discussions on financial and tax strategies, forecasts, and action plans concerning capital availability, short- and long-term cash requirements, and opportunities for transactional events.
Collaborating with third-party tax advisors to generate tax reporting summaries and long-term strategies, contributing financial and accounting analyses to formulate comprehensive recommendations for family members and their investment and financial advisors.
Supervising and facilitating the dissemination of financial and accounting reports to family members and their respective advisors as necessary
Continuously assess and enhance processes by implementing best practices for family office services, finance, and accounting operations.
Managing capital requests and budgetary processes for family members and their households.
Monitoring cash balances, loans, debts, and other liabilities associated with family members and their entities.
Coordinating documentation regarding entity structures for family members, closely held entities, family trusts, and foundations entails generating or acquiring organizational charts, entity summaries, and guidelines for control measures and procedures.
Assisting with special projects.
Kate’s contributions will be invaluable to our platform and the wider community.
Get in touch with Kate at: kate@luciadk.com
