The core of PRS Investment Advisory’s commitment to our clients is our attention to coordinating with our clients’ professional advisors, be they legal counsel, accountants, insurance professionals or other trusted confidantes. From the minimization of taxes to the effective implementation of estate plans, our clients look to PRS to communicate with the team that surrounds and advises each of them.
A range of family office services compliments our full service approach. These services include the following:
- Bill payment and other personal accounting services
- Domestic employee payroll management
- Administration of medical insurance claims
- Debit card and check writing capabilities on investment accounts
- Solutions for our clients’ lending needs
- Collaboration with preferred insurance providers to find the best insurance solutions for our clients, including health, life, auto, yacht, and homeowner’s insurance
- Trust accounting and trust statements for our trust clients
- Online access for viewing investment account activity
- Concierge services, including assistance with travel and entertainment arrangements around the world
- Engagement of care management professionals to assist with health and disability issues of our clients and their loved ones
- Consolidated reporting of investment accounts housed with multiple custodians
We aim to provide our clients a cost effective alternative to the hiring of bookkeepers and other staff.
PRS can also work in tandem with a leading corporate trust company when a client needs the services of a corporate fiduciary. PRS would continue to manage the investment management component of the relationship with the partner trust company providing the trust administrative services.