A NEW PLACE TO CALL HOME
It has been some time since you last heard from the two of
us. We are pleased to share the exciting
news that we have joined Federal Street Advisors in Boston as principals of the firm to provide
Family Office Services. The clients Federal Street serves
and the approach it takes align very cleanly with our shared values and vision
for how we wish to work. By joining, we
expand the range of services Federal
Street offers to its new clients and give
additional depth in financial planning to its current clients.
We wanted to use this first communication to also tell you a
little about the firm we have joined. Federal
Street Advisors delivers comprehensive investment consulting services to a
select group of individual, family, and institutional clients. We provide sophisticated investment advice
and expert financial solutions tailored to meet the unique needs of each client
we serve. The firm's two practice areas
serve individuals and families as well as foundations and non-profit
organizations.
Founded in 1991 and independently owned and managed, Federal Street
combines deep resources with small firm flexibility and attentiveness to
deliver objective, unbiased investment advice to approximately 85 ultra high
net worth family and foundation clients with over $3.5 billion in combined
assets under advisement.
Federal Street Advisors, and specifically its president, John LaPann,
has been a friendly competitor of ours since we founded our former firm,
LongVue Advisors, seven years ago. Joining
Federal Street
allows us to focus exclusively on what we do best - high-touch, high quality
advice and service to individuals and families.
Federal Street
is a remarkable firm staffed by a smart and dedicated team and we couldn't be
more excited to be here. You are certain
to hear more from us as we continue to settle in, and we hope it goes without
saying that we welcome the opportunity to talk with you about our new firm. In the meantime, you can learn more about us
at www.federalstreet.com.
With our best regards,
Randy Hustvedt & Charlie Walsh
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FEDERAL STREET ADVISORS
INTRODUCES FAMILY OFFICE SERVICES
One of our very first orders of business was to build out a
Family Office Services function at Federal Street Advisors. We've built a capability that allows the firm
to go beyond serving clients as their investment consultant, but also act as a
financial architect, drawing on expert resources to handle a family's wide
range of administrative and financial planning needs. We have staffed up with
some familiar faces who are adept at supporting clients in meeting their
long-term personal and estate planning goals.
We are distinguished by:
- Providing
each client with a dedicated team committed to their unique needs
- Offering
in-depth financial planning
- Delivering
a higher degree of administrative support
- Taking
a comprehensive approach which looks at all aspects of a client's family
situation
- Handling
everything from financial planning to banking services to philanthropic
planning and multi-generational services.
In very short order, we are already providing services in
financial planning to 20 families with combined assets over $500 million.
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TELL US WHAT YOU THINK
We will continue to include you in our regular outreach
efforts, which will now come from our new home at 50 Federal Street in Boston.
We would love to hear any thoughts or ideas that you might have. Don't hesitate to reach out to us:
Rhustvedt@federalstreet.com
or
Cwalsh@federalstreet.com
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