AlphaMille has a multitude of experience capturing and consolidating individual expectations about how to formalize appropriate language to govern your Family Office. Countless hours of research has been conducted to identify major components of the Family Charter. Moreover, AlphaMille’s success with design and implementation of Family Charters is evidenced through our summative evaluation. One family member we have worked with said, “I was unsure what to expect, but AlphaMille’s guidance with drafting our Family Charter was great. They helped me understand what areas we might need to pay attention to so we could avoid any future problems.”

Dr. Jason Rhoades, AlphaMille Managing Director, has more than 25 years’ experience working with families in several venues, and has spent countless hours working with families to formalize processes to create and maintain family cohesion. Dr. Rhoades said, “Unfortunately, I have witnessed a lot of slippery slope situations where statements were misinterpreted and expectations were unclear. Tempers and emotions reared, and families experienced significant instability.”

One of the foundational elements of Family Charter development held by AlphaMille is that the governing document should be designed specific to each family’s needs. To streamline the Family Charter design, AlphaMille has compiled a model to identify areas families may want to consider developing policies for so potential pitfalls can be avoided.

Mission/Purpose

We assist Family Offices in capturing the intent of creating a Family Office, and aid in solidifying a mission statement to guide Family Office work.

Family History/Family Tree

Family milestones from inception to date are instrumental in showcasing family member efforts. AlphaMille can help design your family tree to assist in memorializing efforts, as well as conveying family strengths.

Family Office Structure Chart

To create and maintain optimal efficiency, we can assist with creating a graphical representation of the Family Office infrastructure.

Family Power/Authority Chart

Workflow management can be tedious at times. AlphaMille has a multitude of experience organizing and exemplifying Family Office Hierarchy.

Map of Assets/Liabilities

AlphaMille can assist with delineating financial details clearly and succinctly to ensure appropriate administration of your Family Office.

Family Risks

Relationships within families can be delicate, and complex emotions can interfere with appropriate management of assets. AlphaMille has success in working with families to conceive language to maneuver complicated relationships. 

Strategic Assets

AlphaMille can design language to aid in the appropriate governance of your rare and valuable resources.

Governance, policies and procedures

AlphaMille has a multitude of experience portraying decision making protocols, board bylaws, and fiscal processes.

Investment Philosophy

Staff skilled in investment and wealth management will help outline investment philosophy and even a detailed Investment Policy.

Education

Educational motivation and accomplishments are integral to long-term family wealth strategies. AlphaMille can assist with establishing educational benchmarks.

Next Generation Preparedness

Identify and track the milestones for getting the younger generations involved in the family office and the family business.

Philanthropy

Create a philanthropy strategy that aligns with the operating business and the family’s values.

Reputation Management

The proliferation of social media calls for discretion and carefully curated reputation management.

Succession Planning

Put a plan in place and never be caught unprepared.

Conflict Resolution

It is inevitable conflict will occur at some point in time. AlphaMille can assist with designing language to manage ethical dilemmas, power abuse, and responsibility for addressing unethical acts.