Family Office Services

Operating a single family office can be complicated and costly. This is why Hemenway Trust Company offers an alternative, multifamily office platform for clients.

A family office coordinates the stewardship of assets and organizes business, personal and in many cases philanthropic interests. We work to balance the needs of individual family members and of the family as a whole. We understand that every family is different and that a family’s needs change over time. There is no “one size fits all”; we customize each family office to fit the family. We focus on values as well as the complexity of each family’s situation.

We work with families to assess the many factors involved in making the very personal decision to establish a family office, including size of the asset base and family dynamics. Regardless of which path you take, Hemenway Trust Company, together with the attorneys and other professionals at Hemenway & Barnes LLP, offers a full range of family office services.

We offer an integrated approach to investment management that can include direct portfolio investment as well as oversight of outside investment managers. We also offer expertise regarding tax sensitive investments, ESG and impact investing, and consolidated reporting.

As of December 31, 2024, Hemenway Trust Company, together with Hemenway & Barnes LLP, had fiduciary responsibility for over $8.6 billion of client assets. With no products or investment funds to sell, we have the independence to do what’s best for our clients. Learn more about our approach to investment management.

Our wealth transfer planning services include estate planning and administration, tax planning and return preparation, family gifting/loans, planning for family lands, tangible property and collections, risk management, special needs/disability planning and financial planning

We assist with family meetings, wealth education of children, marital agreements, and advice and education regarding aging family members

We assist with foundation and endowment management and administration as well as charitable planning.

Learn more about our Foundation & Endowment services here.

Learn more about our Charitable Planning services here.

Together with the attorneys at Hemenway & Barnes LLP, we provide assistance with residential and commercial real estate, personal litigation and dispute resolution, will contests, tax audit representation, guardianships and conservatorships

We attend to a variety of tasks, all designed to help you simplify your lives. This can include bill-pay services; addressing household administration issues such as hiring, payroll and performance reviews for household staff; and managing vacation homes.

Is a Family Office Right for You?

Depending on your family's situation and the complexity of your life, a family office may be an efficient way to simplify and achieve your family goals. Whether their wealth is inherited or newly acquired, we offer a deep bench of resources to help simplify complex lives.

Visit our affiliate law firm, Hemenway & Barnes LLP, to learn more.

Team Spotlights

Nancy B. Gardiner

Nancy Gardiner is a Managing Director and Secretary of Hemenway Trust Company. Nancy advises on all aspects of trust and portfolio management for individuals, families, nonprofits and foundations.

Dennis R. Delaney

Dennis R. Delaney is Chief Operating Officer, Managing Director and Chair of the Trust Committee at Hemenway Trust Company. He has over 20 years of experience advising individuals, families and nonprofits on wealth management and complex trust issues.

Gioia C. Perugini

Gioia C. Perugini is a Senior Vice President at Hemenway Trust Company. She advises clients on a range of philanthropic services.

Andrea N. Richmond

Andrea N. Richmond is a Senior Vice President at Hemenway Trust Company, where she advises clients on a broad range of family office services, including estate and trust planning, tax strategy, investment oversight, and long-term planning for family continuity and well-being.

Our goal is to be the first call when you or any other member of your family has a question. We place a high value on getting to know your family, and you should feel free to talk to any member of our team.
Considering a Family Office?
Contact a Family Office Advisor to discuss how we can tailor our services to your needs.
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