Category: Administrative Support
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A Modern Family Office Transformation
Case Study: From Paper Trails to Peace of Mind When we meet families like this one, we often find a familiar story. Wealth built over time through hard work and intuition, now managed with the same habits that once served well—but are beginning to show their limits. It’s at this crossroads that family office transformation…
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A Personal CFO is Like a Personal Chef
Imagine walking into your kitchen each evening to find your dinner already prepared—tailored to your tastes, diet, and health goals. Everything is ready: the ingredients sourced, the appliances maintained, and the table set with care. All you have to do is sit down and enjoy. That’s what it feels like to have a personal chef—and…
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Your Trusted Partner in Wealth & Legacy
Who We Are At Markdale Financial Management, we’re more than a family office—we’re your trusted partner in navigating the complexities of wealth. Our team is dedicated to providing high-quality financial stewardship for wealthy families, charitable foundations, and long-term investors. Furthermore, we combine deep expertise in accounting, investing, and wealth management with a passion for clarity…
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What Role Does Technology Play in Your Wealth Management?
Technology is reshaping the way family offices operate, streamlining financial management, enhancing security, and improving decision-making. But what role does technology play in your wealth management? Not everyone embraces digital transformation at the same pace. And, some family members may express concerns about the complexity of new platforms and whether they’ll need to adjust to…
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Managing Capital Calls: Best Practices for Family Offices
Family offices investing in private equity and venture capital must navigate the complexities of capital calls. From maintaining liquidity to ensuring accurate reporting, timely execution requires careful planning and strong operational processes. This guide covers key strategies to streamline capital call management for family offices with dedicated administrative support. Cash Management: Building Policies into Investment…
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How Do I Stay Involved While Stepping Back?
Transitioning wealth to the next generation is key to your financial legacy. But, staying involved in your family wealth while “stepping back” doesn’t mean losing control—it means having a more strategic role. Reducing administrative burden allows you to focus your time on fostering the success of the next generation. And, helping your kids understand your…
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Do You Need a Family Office?
Imagine having a personal CFO for your family’s finances – someone who’s got your back, simplifying the complex world of money management while aligning it closely with what matters most to you. Today, many advisors claim to be your personal CFO. When in fact, they must focus on their area of expertise instead. That’s where…
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Investment Memos: Essential Tools for Informed Investing
Investment Memos highlight the distinction between well-considered financial decisions and hasty gambles. This unassuming yet powerful tool is pivotal in crafting a disciplined investment strategy, one that is guided by clear governance and a consistent decision-making process. Rather than by feelings and emotions. This post will describe how investment memos are a powerful tool for…
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Family Office Cybersecurity Tips
Modern family offices have transitioned away from paper records towards digital record keeping using secure e-mail and cloud storage. The result is increased workflow efficiency and the ease of sharing information with professional advisors. But, the transition to online communication and cloud storage also means family offices need to manage the associated cybersecurity risks carefully.…
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Keeping your Holding Company in good standing
Managing a holding company (“holdco”) successfully includes keeping accurate records and performing administrative tasks. Missing some details might mean your holdco fails to comply with tax laws. But also, failure to administer your holdco properly could mean you waste time in the future cleaning up messes or wasting time searching for information. This post describes…