An Overview of Vogel Consulting’s Customized Reporting Service

Vogel Consulting has been multi-family office designed to serve multiple families from the outset, as opposed to the familiar pattern of a single family office opening its doors to other families. Vogel Consulting has over 20 years of experience managing nearly $3 billion in assets and providing outstanding services including private investment, taxation and accounting, estate planning, and customized reporting.

Vogel Consulting’s customized reporting service comprises consolidated investment reporting, tax reporting, and estate diagrams. The company delivers electronic or paper reports on a monthly or quarterly basis to families. The reports are available in a graphic format for a more concise and interactive presentation or a narrative form for detailed reading.

With consolidated investment reporting, families can compare their portfolio performance with weighted benchmarks in the industry. The reporting also includes family asset allocation information that provides insight into the family’s portfolio in terms of growth, protection, inflation, and liquidity.

The firm's ability to provide accurate tax estimates is one of the reasons why Vogel Consulting is ahead of the curve. Anticipating taxable income and scheduling tax payments is necessary for a family that owns several businesses and manage diverse assets. Tax reporting helps the family fulfill its regulatory responsibilities and control cash flow at the same time.

The estate diagrams integrate personal financial statements to provide a complete representation of the family’s estate. Estate diagrams give family members the opportunity to monitor how their assets shift in value as markets change and strategically transfer assets when necessary.

The Significance of Multi-Family Office in Estate Planning

Vogel Consulting is a successful, multi-family office that specializes in cash flow and lifestyle management, customized reporting, and financial planning. Vogel Consulting offers advanced estate planning services, which include customized estate diagrams, gifting guidelines, charitable records administration, and foundation establishment.

Estate planning requires a tremendous amount of work by professionals who understand their role individually and holistically. Instead of hiring a separate accountant, attorney, business consultant, and an insurance agent, a high-net-worth individual or family can avoid all the bureaucracy involved in the estate planning process by going with a multi-family office. 

From drafting estate documents to calculating estate taxes and creating a financial model, working with a multi-family office that provides end-to-end estate planning services is a better choice compared to individual specialists. The wealth advisors from a multi-family office have the advantage of customizing an estate diagram that takes into account the family’s history, assets, financial capacity, and investments. They are also in an ideal position to communicate the estate beneficiary designations during family meetings.