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
- Simplifying our clients’ banking activities by helping them obtain credit cards and arranging monthly payments via our unique relationships with various issuing banks
- Real estate advisement that includes the review of deeds, making mortgage payments, and preparing needed documentation
- 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
- Concierge services, including assistance with travel and entertainment arrangements around the world
- Engagment 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
- Establishment, organization, management, and administration of offshore mutual funds and corporate structures (typically in the Cayman Islands and Panama) for our clients
- Help with the maintenance of client financial records. This can involve assistance with the preparation of various tax returns and other tax and accounting matters
- Client statements further individualized to be read in Spanish or English, and/or translated from euros to dollars
We aim to provide our clients a cost effective alternative to the hiring of bookkeepers and other staff.