Over the past few hundred years, many families have grown their wealth to become substantial family fortunes. These families have recognized the necessity of having a member(s) operate or assist with their wealth management, or they decide to hire/contract a private client management firm to assist with family finances, legal assistance, and estate services along with many other responsibilities to maintain and grow their fortune.
One very important part of the family office is travel arrangements. Within Family Office travel there may be a private aviation division, a travel / trip counselor or just a principal employee or family member who helps with these needs when required. These duties should not be taken lightly as the family members’ lives are at stake every time they travel. Sometimes the Family Office even has their own family aircraft depending on how much travel they do.
Private jet charter brokers work with Family Office members to assist with private jet charter needs along with assisting when a family owned aircraft has scheduled maintenance or a mechanical problem.
Managing a typical family office can be quite stressful between property management, trust/wealth management, legal matters and succession planning. As a member of a family office, you can trust that our top priority is your family’s safety, privacy, and comfort. We take risk management very seriously and will not sacrifice this for any reason.
Whether or not your family office uses private jet charter on a regular basis, at a bare minimum, it is your responsibility to have an emergency response plan in existence for accidents, medical transportation and emergency meetings / relocation’s in case of a disaster.