The Power of Virtual Family Offices (VFOs) Over Traditional Accounting Firms, Advisory Firms & Law Firms

"Price is what you pay. Value is what you get." - Warren Buffet

As we traverse the complex financial landscape of advanced?tax?planning for ultra-high-net-worth clients, we are witnessing a seismic shift. This transition has been powered by?hundreds of Virtual Family Offices (VFOs) , led by Certified Public Accountants (CPAs), who are pooling their independent research as part of the Due Diligence Project?(DDP) to identify the very best strategies while reducing risk.?VFOs who are supported by the DDP?are reshaping the wealth management sphere?and?highlighting the limitations of traditional due diligence methods?when applied to sophisticated tax planning.?Let's unpack this evolutionary step in advanced planning.

The?Objective of The Due Diligence Project?: Reduce Risk, Save Time & Gain Confidence!

At the heart of a?DDP?lies a winning combination: saving clients time and instilling confidence in their financial decisions. As ultra-high-net-worth individuals grapple with an intricate web of financial obligations and opportunities,?VFOs plugged into the DDP?become their guiding light. By consolidating a roster of top-tier advisors onto one platform, a well-crafted VFO provides a comprehensive and structured overview of tax planning, estate planning, asset management,?handling?liquidity events, and more.

Servicing Fewer, Earning More: The Wealth Equation Reimagined

As a CPA navigating the?VFO / DDP?landscape, you find yourself at the threshold of an opportunity to?provide a lot more client value, earn more income, while working with less clientele.?It's about mastering a synergistic pricing model that aligns your compensation with the unparalleled value you deliver to your ultra-high-net-worth clients.?

Delivering Exceptional Return on Investment (ROI):?Net of Cost & Risk

In the high stakes game of wealth management and tax planning, one of the biggest differentiators is the ability to deliver return on investment (ROI).?Traditional investment strategies in the stock market, real estate, crypto, and privately held companies typically carry an expectation of return with few guarantees, but also have elements of risk and moving parts that are subject to market movements and outside factors.

Sophisticated tax planning strategies can deliver ROIs net of cost and risk between 30% and 2000+% (depending on the strategy, when analyzing total cost vs. benefits), as long as they are independently peer-reviewed by hundreds of tax-focused CPAs and Attorneys who have at least 10,000 (hopefully over 50,000) hours of experience with audits and tax court.

VFOs, who are part of the DDP, are delivering these ROIs to their most important clients, while also providing access to best-in-class cost mitigation resources that mitigate unnecessary business expenses like health insurance and shipping costs, just to name a few.

Mimicking the Family Office Experience Without the Price Tag

Ultra-high-net-worth clients often desire the benefits of a family office experience without its associated high costs.?They want the reassurance that their advisor is capable of delivering substantial tax savings and personalized financial strategies.?What these clients are truly searching for is not just a service, but a successful partnership they can champion among their social circles.??VFOs plugged into The Due Diligence Project? have the platform and confidence to deliver exactly what their perfect clients have been wanting and needing!

The Grand Entry: Strategizing the Right Pricing Model

The entry ticket to this mutually beneficial relationship is an astutely structured pricing model. This is the touchstone that opens the gateway to a realm of extraordinary value for the client and a fulfilling and rewarding engagement for you. As figures like Jeff Bezos and Mark Zuckerberg continue to set groundbreaking financial standards, VFOs,?supported by DDP,?are the secret to unlocking similar echelons of success.

Your Personal Vault: A Secure Harbour in a Sea of Information

One unique deliverable from VFOs is the provision of a secure, personal, web-based vault.?Each VFO is able to customize their own private, online fortress, and deliver a customized online vault to each of their clients,?where all of the client’s favorite advisors can be accessed and all of their sensitive information and documents are updated and stored.?

The Due Diligence Project ??is revolutionizing the way CPAs approach due diligence by providing instant access to high-level due diligence notes and an independently vetted community of resources and experts.?It's important to remember that the complexity of the tax code, finding the right specialist, and the need for thoroughness will still require each CPA to complete their independent due diligence carefully.?The entire community benefits from the work completed and questions asked by each participant, and this approach ensures the best outcomes for your most important clients.?

?At?The Due Diligence Project?we're at the forefront of this transformation, helping clients to reap the benefits of this innovative approach. If you're a high net-worth individual or a business owner seeking a tailored, trustworthy solution for your financial needs, don't be a bystander in this revolution. It's time to seize the future of financial services.

The Due Diligence Project ?is revolutionizing the way CPAs approach due diligence by providing instant access to high-level due diligence notes and an independently vetted community of resources and experts.?It's important to remember that the complexity of the tax code, finding the right specialist, and the need for thoroughness will still require each CPA to complete their independent due diligence carefully.?The entire community benefits from the work completed and questions asked by each participant, and this approach ensures the best outcomes for your most important clients.??