Private Multi Family Office Services

Family Office Wealth Management Services

MGIDC’s family office advisors provide a structure to adequately manage a family’s investment objectives, educates family members, facilitates succession planning for the family and protects wealth for generations.

Empowering Ambitious Families to Grow, Protect and Transfer Wealth

Our 4-Step Approach to Securing Your Legacy

At MGIDC Family Office, we guide families through a journey of clarity, control, and confidence in managing and preserving wealth across generations. Our approach is grounded in understanding where you are now, defining where you want to go, and designing how to get there with trusted advice and tailored support.

 

Step 1: Discover – Where Are You Now?

We begin with a comprehensive consultation to understand your family’s current financial position, business assets, and personal values. This includes mapping your existing structures, obligations, and opportunities. Through this discovery phase, we gain insight into the financial, relational, and operational dynamics at play within your family enterprise.

 

Step 2: Define – Where Do You Want to Be?

Together, we shape a shared vision of the future. Whether it’s securing a legacy, preparing the next generation, or expanding your business footprint, we help articulate your aspirations across wealth, governance, and lifestyle. These goals become the compass for our strategic planning.

 

Step 3: Design – How Will You Get There?

With your vision in focus, our advisors craft a bespoke plan. This includes structuring for tax efficiency, succession readiness, and asset protection. We connect you with our network of legal, financial, and investment professionals to implement a coordinated, compliant, and resilient framework for wealth management and growth.

 

Step 4: Deliver – With You, For the Long Term

Execution is just the beginning. We provide ongoing stewardship of your investments, family business interests, and governance structures. By remaining closely involved, we ensure your family office adapts over time, navigates change with confidence, and continues to align with your evolving needs and values.

Assurance Services Development

Single Family Office Services

A single-family office is a private company that manages the wealth and affairs of one ultra-high-net-worth family.

Assurance Services

Multi Family Office Services

A multi-family office is a commercial entity that provides similar services but caters to multiple families, allowing them to share costs and access a broader range of expertise.

What is a Family Office?

A family office is a private firm established to manage the wealth, legacy, and affairs for a single ultra-high-net-worth family. Unlike traditional financial services, a family office provides bespoke, holistic, and often multi-generational support that goes far beyond investment management. We have a wealth of experience working side by side with you to shape a structure that reflects your family’s goals, values, and vision for the future.

 

Our key service offering:

  • wealth structuring 
  • tax/estate planning
  • compliance and governance
  • consolidated reporting and analysis
  • operational back office support
  • advisory board facilitation

 

Extended services via our trusted network of advisers:

  • legal specialists
  • investment advisory
  • insurance and risk management
  • philanthropy and legacy

 

There is no single blueprint for a family office – it is a flexible concept tailored to the family’s unique needs, goals, and values. Some offices are highly institutional with in-house investment teams, legal advisers, and philanthropic coordinators, while others are more informal and outsourced in structure. What unites them all is the mission: to preserve wealth, protect privacy, and support family cohesion across generations

 

But don't just take our word for it...
Reviews & feedback

Our Family Office Service Benefits

We are experts in family office management.

Our most common services are listed below, but let us buy you a coffee to discuss your specific requirements.

Assurance Services Specific Issue

Expert Family Wealth Management & Succession

Family office services delivered by MGI DC advisors ensure a professional and experienced level of support for the family asset pool. It provides peace of mind for High Net Worth Individuals, facilitating smooth succession planning, joint decision-making, and assisting with Estate planning, Succession planning and controls where wealth creation, family legacy, and traditional family values are prioritised.

Assurance Services Reports

Dedicated Family Office Advisory & Setup

This specialised service is delivered by our experienced and dedicated team of family office advisors, skilled in providing individualised expertise for the unique needs of every family. We can assist with setting up a family office, implementing and chairing family meetings, and establishing reporting protocols that align with the family’s interests.

Assurance Services Analysis

MGIDC Advisors are also equipped to provide education and mentoring to family members in relation to the asset pool and structure, as well as consulting on tax issues, trusts and foundations. This includes facilitating family board meetings to ensure informed decision-making for single-family offices or private multi-family offices.

Risk Management

Highly skilled team end-to-end support

We’re committed to investing in our people, and it’s this ethos that enables us to offer specialised services backed by years of experience. Our Advisors are highly skilled in providing a broad spectrum of wealth management support for family offices.

With a dedicated team of Advisors, we provide an individualised approach to managing the unique needs of your family office objectives.

Assurance Services Rapid Response

We understand the importance of privacy and confidentiality in managing family wealth. We ensure that your financial information remains secure, discreet, and protected at all times, allowing you to feel confident that your affairs are handled with the utmost respect and care.

Adhoc Assurance Services Checklist

Philanthropic Guidance

We support families in making meaningful contributions to the causes that matter most. We offer expertise in charitable giving, helping you establish foundations and create strategies for impactful philanthropy. Aligning your wealth with your values, we empower you to make a lasting difference in the world.

What makes MGI Dobbyn Carafa different?
Big firm capability...small firm relationships

Equipped with a team that has the experience and capabilities of a big firm, but maintaining our deep, personal connection is something we pride ourselves on. Our team are highly supported and we are conscious of wanting to keep our numbers small, but our value high.

est.
2006
Decades of expertise

We have a team of experienced professionals from a diverse range of backgrounds, highly qualified for every business need. Some of the qualifications our team possess include:

+87
Client Net Promoter Score®

We take great pride in our customer service and the deep relationships we have with our clients and we are humbled to learn that our clients feel the same way.

+84
Employee Net Promoter Score®

Much like client NPS®, we take great pride in our employee engagement and the deep relationships we have with our team as we support them on their professional journey.

Meet our Family Office Services team

Here are some questions we get asked:

To establish a family office in Australia, you’ll need to consider the legal and regulatory environment. Key factors include:

  • Legal structure: Family offices can be set up as trusts, companies, or partnerships, depending on your goals and tax implications.

  • Licensing: You may need an Australian financial services (AFS) license from ASIC, depending on the services provided.

  • Compliance: Ensure compliance with AML/CTF, privacy, and tax reporting laws to avoid penalties.

  • Tax implications: Family trusts are commonly used but subject to complex tax rules; professional advice is essential.

  • Estate and succession planning: Given the complexity of property law, professional guidance is crucial for wealth protection and legacy planning.

 

Professional advice is recommended to navigate legal and regulatory challenges.

In Australia, there are various situations where it might be beneficial to consider establishing a family office. Here are a few instances:

  • Wealth management: Centralised control over investments and planning.
  • Complex finances: Streamline assets for tax efficiency.
    Governance & succession: Plan wealth transfer and governance.
  • Service consolidation: Combine legal, financial, and planning services.

Privacy: Ensure discretion in financial matters.

Families typically need at least $50 million in investable assets to justify a dedicated single-family office, while multi-family offices can be a cost-effective option for those with $10 million or more.

Costs vary based on size and services. A single-family office may require $1M+ annually for staff, legal, and operational expenses. A multi-family office is more cost-effective, with fees based on assets under management.

Yes, we provide philanthropy advisory services, helping families establish foundations, structure charitable giving, and align donations with their values.

Yes, they help families structure and manage global assets, navigate cross-border taxation, and ensure compliance with international regulations.

Have we piqued your interest?

Let us buy you a coffee to discuss your requirements.