Family Office Resource Group (FORG) announced its launch and investment from capital provider 4100FS. FORG provides white-labeled offerings for wealth management and professionals services firms serving ultra-high net worth (UHNW) clientele, including outsourced CFO services, accounting, business legacy planning, risk management, philanthropy consulting, concierge services, family governance and advisory firm resources.
FORG stated in a press release, “Investment returns are rarely the primary objective for UHNW investors. More important to this unique group are a series of other value-added services that encompass a comprehensive wealth management experience designed to bring simplicity to their complex lives.”
The FORG leadership team includes 20 executives with a variety of financial services backgrounds. FORG has offices in Boca Raton and Naples, Florida; Boston; Chicago; Dallas; New York; and Washington.
Addressing A Gap In UHNW Client Servicing
FORG’s Founder and CEO, Brian Weiner, said, “FORG will disrupt the wealth management industry by empowering wealth management professionals and service providers with solutions that differentiate their practices and allow them to deliver a first-class experience to clients.”
Weiner continued, “Ultra-high-net-worth clients expect a high level of service and face unique challenges, but experts with the vast experience and skills to satisfy this unique demographic and help them overcome the challenges they face are few and far between. FORG fills this huge void in the marketplace, with wealth management professionals now able to provide the types of value-added services these clients expect and demand.”
With 25 years of experience in financial services, Weiner has advised a global clientele on strategic family planning and succession planning, as well as assistance on risk management, tax and accounting services.
According to Weiner, the firm is already working with advisors and professionals in the wealth management space both in the U.S. and internationally, including Europe, Latin America and the Middle East. “Whether they’re a law firm, CPA firm or financial advisor, our goal is to provide strategic guidance and support to navigate the complexities and capitalize on opportunities in the wealth management space globally,” Weiner told WSR.
Weiner explained, “Our approach is holistic, to ensure that our clients’ financial and lifestyle needs are seamlessly integrated and expertly managed. A lot of the professional services providers lack the bandwidth or don’t necessarily have the budget. It’s expensive to hire and to manage, and that’s where FORG comes in.”
Addressing how FORG can help advisors serve business owners, Weiner stated that his firm assists advisors in providing legacy and succession planning, as well as preparing for liquidity events in a tax advantaged way. “It’s not what you gross, it’s what you net. We want to flip the script to empower financial advisors and wealth management firms to engage with their clients differently to help them manage liquidity events and succession plans.”
“My goal of starting FORG, personally, is to empower advisors to help them elevate their service offering. That’s the legacy I want to leave behind.”
– Brian Weiner
“My goal of starting FORG, personally, is to empower advisors to help them elevate their service offering. That’s the legacy I want to leave behind,” Weiner concluded.
Investing In Financial Services
FORG’s Executive Chairman, Daniel Bryant, is also a Principal of 4100FS, and leads its family office work. 4100FS invests in financial services companies, including wealth management firms, family office service providers and asset managers.
According to Bryant, UHNW investors “take a 360-degree view of their financial lives, often having priorities that transcend traditional wealth management services like investment advice, retirement income planning and insurance. Up until now, many advisors didn’t have the resources, time or expertise to address such priorities, leaving an opening for wirehouse-based private banks and independent family offices. By partnering with FORG, advisors can now serve this clientele with great skill and distinction.”
Julius Buchanan, Editor in Chief at Wealth Solutions Report, can be reached at jbuchanan@wealthsolutionsreport.com.
