Wealth Solutions & Wealth Planning

IQ-EQ launches Family Office Services

IQ-EQ, a leading investor services group, has announced the launch of its family office services offering.

IQ-EQ’s family office services segment will cater to the evolving needs of both single and multi-family offices, as well as high-net-worth executives and entrepreneurs looking for a virtual family office set-up, the firm said in a press release.

As the family office space expands and diversifies, IQ-EQ’s offering has been designed to support the increasingly complex requirements placed on family offices by their ultra-high-net-worth (UHNW) families to protect and grow their private capital for generations to come, says the firm.

The firm has serviced the UHNW community for over 50 years under the umbrella of our Private Wealth segment, and therefore is capitalising on this experience to offer to clients, many of whom are embracing more sophisticated governance, as well as increasingly international and multi-asset class investment strategies.

IQ-EQ has said that it recognised the need for a dedicated, cross-segment offering that would cover both traditional fiduciary and administration services. Furthermore, the firm notes more recent requirements, such as ESG and KRI reporting, deal flow, regulatory and tax compliance, philanthropy, alternative and luxury asset services.

With Family Office Services, IQ-EQ aims to bring together a range of key services across all of its core segments – including, most notably, Funds & Institutional, given the increased demand for co-investment vehicles from UHNW families and their family offices.

The enhanced offering encompasses specialised niche support teams, access to our bespoke Investor Solutions multi-asset class reporting platform powered by IQ-EQ Cosmos, presence and expertise in 23 jurisdictions, and extensive experience servicing the full spectrum of asset classes.

Steve Sokic, Group Head of Private Wealth and Chair of the Family Office Services Committee, IQ-EQ, said: “Since our strategic rebrand to IQ-EQ last year, our guiding vision has been to continuously develop a deeper understanding of the individual needs of our clients in key market niches. This is how we stay competitive and bring value. We’ve added a number of key capabilities over the last few years and now by bringing together a dedicated cross-segment offering, which is relevant for and demanded by our many family office clients worldwide, we’re able to service their unique and evolving requirements better than ever.”

“With the next decade set to be full of challenges and opportunities as trillions of dollars are passed down to the next generation, we want to make sure we’re as focused and flexible as possible to be trusted partners to our family office clients, and the families they represent, throughout their evolution and across generations,” Sokic continued.

Further details about the offering can be found HERE.