The Mather Group President - TMG Family Office

ABOUT TMG FAMILY OFFICE 

TMG Family Office provides support to families of significant wealth, integrating expertise from all aspects of managing the complexity of wealth, with an emphasis on listening, protecting privacy and building a high-trust relationship to support our families in achieving their life goals. As a fiduciary, we focus on delivering maximum value with objective, independent advice and complete cost transparency.

We’re experienced in simplifying our client’s lives:

  • 32 Years Helping Families of Significant Wealth
  • $5 Billion Total Combined Assets Under Advisement
  • 18 Families Served
  • Single Place for all Financial and Concierge Services

ABOUT THE POSITION

The TMG Family Office (“TMGFO”) was formed to serve the investment, income and estate tax planning, financial/accounting, fiduciary/governance, multi-generational human capital and various administrative interests of ultra-high net-worth families and their related entities.

The President is responsible for providing financial counsel to families of significant wealth and their businesses, as well as overseeing the implementation of the mission and goals of the TMG Family Office. The President will coordinate with the family office staff and with various external resources and advisors to holistically serve the financial, wealth, tax, estate, and other planning and administrative needs of the families we service.

Responsibilities

The President is primarily responsible for overseeing and managing the operations of the TMG Family Office. This will include oversight of the family office staff and external resources and advisors.  

The President will work together with the family, family office staff and external resources and advisors to carry out and implement the key responsibilities summarized below:

  • Provide financial counsel to families of significant wealth and their businesses, related to wealth planning, taxation, wealth transfer planning, charitable giving, executive compensation, diversification, investment strategies, and asset protection;
  • Manage the day to day operations of the multi-family office and oversee the delivery of services provided to each family, individual family members, and related entities;
  • Provide vision, direction and leadership to the family office staff in a manner that promotes collaboration, innovation and continuous improvement of the services provided to our families;
  • Set the business strategy and promote the mission, vision, and values of the TMG Family Office;
  • Develop and implement the multi-family office strategic investment and operational plan;
  • Oversee the TMGFO controller, who is responsible for the overall financial management related functions and services of the family office, the various family members and related entities, including financial reporting and analysis, tax compliance, treasury/cash management, and liquidity projections;
  • Provide constant review and reassessment of the family office’s systems and processes and identify, recommend and assist with the implementation of technology and operational improvements that will streamline the family office’s ability to meet the needs of each family;
  • Leverage technology effectively and oversee the data management platform and ensure data integrity; ensure all systems and processes safeguard the integrity and security of all critical data and/or functions;
  • Ensure best practices are in place for internal controls, tax compliance, accounting and payment processing;
  • Establish and maintain a financial and operating environment that is focused on ethical standards and adheres to each family’s core values;
  • Provide guidance on the accomplishment of short and long-term objectives by developing and presenting financial analyses, modeling, projections and ad-hoc reports;
  • Oversee the income and estate tax planning for all family members and related entities including the development of long-term tax strategies; coordinate with internal and external tax advisors to identify and implement tax planning strategies that meet family goals; oversee the implementation and finalization of all tax-related projects; continuously monitor tax rules and regulations and proactively identify potential issues and planning opportunities;
  • Oversee long-term family financial planning including development of various “what-if” scenarios;
  • Oversee the TMGFO Chief Investment Officer to ensure the portfolio is properly structured in a way that is tax efficient, tax optimized and that meets each family’s overall goals;
  • Provide financial oversight and management of residences, vacation properties, investment properties and other real estate owned by each family or related entities;
  • Provide guidance and develop strategies to best implement each family’s philanthropic goals and initiatives;
  • Assist with the development and execution of the family advisory, fiduciary and governance committee process, including support of a disciplined meeting process throughout the year;
  • Identify the risk management needs of the multi-family office and family members, including insurance coverages, cyber security and disaster recovery; recommend and implement appropriate plans/actions;
  • Develop and manage the family office budget;
  • Effectively build credibility and strong relationships with all family members, family advisors and family office staff that are consistent with each family’s mission and values of respect, hard work, integrity, open communication, economic progress and ongoing education for family members including future generations;
  • Promote and foster an environment within the family office of open communication, trust, collaboration and mutual respect;
  • Research and source valuable opportunities for families through hedge funds, private equity, investments in emerging growth companies, etc.;
  • Serve as an advisor and strategic thinker to help family members identify and assess opportunities and risks and make informed decisions; and
  • Identify and vet external resources and advisors; coordinate and oversee relationships with external resources and advisors to ensure family objectives are being carried out and met appropriately.

CANDIDATE REQUIREMENTS

The President must have a strong technical accounting, tax, estate planning and financial management background combined with a proven track record of management, leadership and relationship management skills. The President must have the intellectual capacity, strategic business acumen and professional integrity to lead the financial, tax and administrative operations of the TMG Family Office.

  • Undergraduate degree required
  • Advanced degree or designation preferred (CPA, JD, MBA, LLM, MST)
  • Minimum of 15+ years of relevant accounting, tax and financial management experience
  • Experience in providing financial management, accounting and tax compliance for ultra-high net worth individuals, trusts, partnerships and other entities
  • Strong foundation in the following areas:
    • Income tax and estate tax planning
    • Financial reporting
    • Cash flow reporting and planning
    • Investments in various asset classes
    • Accounting and tax considerations related to investments
  • A strategic thinker with a proven ability to identify and anticipate issues and opportunities and to develop and implement solutions to best serve the needs of the family
  • Ability to understand and relate to the needs of high net worth family members
  • Ability to see the big picture but still maintain a high attention to detail
  • Strong written and verbal communication skills, ability to work and communicate effectively with ultra-high net worth family members, internal family office staff and external resources/advisors
  • Strong ability to manage a team both internally and externally to provide for the needs of ultra-high net worth families
  • Demonstrated leadership, management and mentoring skills, ability to develop and effectively lead of culture of quality and excellence
  • Proven track record of utilizing technology and developing and implementing process improvements to create value, strive for operational excellence, and increase efficiencies
  • Knowledgeable about relevant technology and security systems and best practices
  • A highly motivated, self-starter with a strong work ethic; committed to excellence; health balance of confidence and humility
  • Trustworthy individual of utmost integrity, values and professional reputation; demonstrated discretion, confidentiality and loyalty
  • Self-confident individual with sound judgment and common sense; demonstrated ability to see multiple sides of an issue, engage and provide objective counsel and recommendations with conviction to support sound decisions; creative; innovative.

The Mather Group is an equal opportunity employer and welcomes candidates from diverse backgrounds.

The Mather Group

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