Over the years, it has become more common for families with significant wealth to employ groups of specialists in asset management and protection, as well as advisors to create their own Family Office, whether for dynastic purposes, assistance with day to day management or for a multitude of other reasons. However the composition of, and services required, by each of these Family Offices may varying depending on the needs the particular family. Should the family decide to do everything themselves the costs can be high and finding the right advisors to ensure administration is up to date can be daunting.
Using IMS, a pioneer in the Cayman financial services industry (regulated by the Cayman Islands Monetary Authority since 1974), as a trusted partner ensures independence, an absence of conflicts of interests and accessible staff , as well as a network of trusted legal and financial contacts. As a client focused service provider, IMS can tailor our services to suit the Family Office which can determine the extent of our involvement, to ensure that the Family Office retains an appropriate level of decision making power.
IMS provides a wide range of services through tailored structures to suit the individual requirements of each client family. In establishing structures, we are able to work with the Family Office’s own legal, tax or other professional advisors or recommend advisors from our extensive network of connections.