Family Office Services
Support & Guidance
Let us take care of your family.
Burkhart & Company has been serving families for over 30 years by enabling them to do things for their families and communities that simply could not happen without our support and guidance. We serve substantial, multi-generational families represented by their Single Family Offices. We have also created a platform for high-net-worth families that we call a Virtual Family Office. That offering gives those families the benefits of a single family office without the high cost of creating and managing one.
Our Approach
Burkhart & Company has differentiated itself by passionately serving the needs of enterprising individuals and has successfully built a family office niche. We pride ourselves on our comprehensive, lasting relationships by providing tailored services to meet needs occurring at every life cycle. We serve a growing number of families who are increasing and harvesting their investments as well as families who have inherited wealth from prior generations. The firm delivers customized premier service offerings to both Single Family Offices and families best served by a Virtual Family Office concept.
…serving families for over 30 years
Creating your Legacy
Each and every one of our clients have the ability to leave a lasting impact on those around them and their communities. Our firm recognizes the importance of being intentional when it comes to that legacy. We believe that educating families about their financial reality ignites purposeful decision making and leads to strong legacy formation. We have a concentrated focus on defining family values, educating future generations, creating a well-developed philanthropic plan and designing a lasting family legacy.
Supporting Family Offices
In the Single Family Office arena, it is difficult to attract and retain employees that are able to provide the high-quality services you require across your full spectrum of financial needs. Attempting to assemble a skilled and knowledgeable team on your own can prove to be a daunting task. Our outsourcing model presents family offices with the opportunity to utilize highly qualified professionals with numerous fields of expertise, all from one service provider. We are able to leverage our diverse team to ensure that all work is performed by the most appropriate skill levels, therefore allowing family offices to pay for exactly the services they need.
Our VFO Platform
A Virtual Family Office (VFO) is a custom service team designed to provide affluent families with distinguished and knowledgeable advisors who work together to meet the unique needs of each family they serve. This open architecture service team includes respected attorneys, wealth advisors, risk management professionals and bankers who are outside our firm. A VFO focuses on supporting the family in all financial aspects as well as developing and enhancing its legacy. A VFO gives families the benefits of a single family office without the high cost of creating and managing one.
Tax Compliance
In today’s regulatory environment, effective management of taxes requires a diligent focus by trained experts.
Annual income tax returns for all entity types
Multi-state tax returns
Foreign reporting
Fixed asset and depreciation tracking
Payroll tax compliance
Gift & Estate tax returns
Strategy Formation
Intentional planning is vital to assuring success through all seasons of life. Our professionals bring unbiased, expert counsel to assist you and your family as you enjoy your wealth.
Income tax planning
Charitable gifting strategies
Gift and estate planning
Wealth transfer techniques
Personal financial planning
Retirement planning
Legacy planning
Back-Office Services
It’s impractical to assemble a skilled and knowledgeable team on your own. Our outsourcing model presents you with the opportunity to utilize highly
Bill pay and cash management
Payroll processing for Single Family Office
Personnel searches
Evaluation and redesign of family office staffing
Family partnership and partners’ allocations management
Agreed-upon procedures
Basis and tax attribute tracking
Family Finance
Providing independent, accurate financial reporting and assisting our clients with in-house processes is integral to our service suite. We offer a tailored, versatile approach in supporting our clients’ needs.
Personal financial statements
Financial statement preparation and compilation
Basis tracking and unrealized gain (loss) monitoring
Bill pay and cash management
Household employee payroll processing
Debt tracking and exposure analysis
Investment performance monitoring
Office
900 S. Gay St., Suite 1900
Knoxville, TN 37902
Call Us
(865) 523-7400
Email Us
burkhart@burkhartcpa.com
