We apply an institutional approach to providing personal services, aggregating information from your disparate accounts and entities to organize, track, manage, and report on your family’s financial picture.

• Full Scope Bookkeeping 
• Account Reconciliation and Review 
• Maintain Books and Records for Separate Entities

A well-managed cash flow ensures that you have funds available when and where you need them. We review and pay your bills, keeping you informed throughout with a customized approval process and personalized reporting.

• Payment of personal and entity bills 
• Personalized approval processes and procedures 
• Vendor oversight, including evaluation, contract review, invoice negotiation, dispute resolution 
• Mail management (electronic & paper) 
• Cash balance oversight and analysis 
• Private banking liaison 
• Exception monitoring, identification, resolution

• Private Investment Administration 
  • Capital call processing & Commitment Tracking 
  • Distribution Coordination & Oversight 
  • Document Abstracting and Coordination 

• Assist with transaction planning, entity structuring, and documentation 
• Real Asset tracking and administration including Real Estate, Aircraft, Sea Vessels, Collections, etc. 
• Cost Basis Management
• Investment Document Management

Trove works closely with third-party tax professionals to alleviate the family’s obligation to provide the appropriate tax data for return preparation. Working closely with your tax accountants, we stay current on tax law changes and how they may affect your personal, trust, gift, tax, and estate settlement returns while tracking, gathering, and organizing K-1s and other documentation.

• Coordinate tax planning and preparation for personal, trusts, and entities 
• Liaise with professional advisors to ensure complete financial overview 
• Maintain comprehensive tax document tracking schedule, gathering and distributing information throughout the year
• Manage and execute estimated tax payment process 
• Oversee annual filing requirements 
• Tax minimization strategies 
• Review of tax returns for completeness

We simplify the many details that come with planning, protecting, and transferring the wealth you’ve created. From estate planning to life insurance to wealth transfer strategies, we offer a full range of Trust and Estate Administration services, including:

• Estate plan implementation
• Estate plan settlement 
• Estate liability evaluation and strategy
• Trust administration and governance
• Trust document abstracts, flow charts, and summaries
• Treasury and cash management for trusts  
• Trust accounting, administration, and reporting
• Coordinate with trustees, executors, attorneys, and advisors
• Life insurance administration 
• Secure storage of estate documents, cost basis and transfer records, and personal item inventories

Acting as your outsourced HR department, we can reduce risk and manage employment matters by taking time-consuming and complex processes off your hands. Whether for your family or business, we can administer payroll and benefits programs to ensure you are compliant with tax regulations as well as state and federal employment regulations.

• Domestic Employees
  •  Manage employee onboarding 
  • Determine payroll entity structure 
  • Payroll setup and processing coordination  
  • Track employee hours, expenses, and paid time off
  • Evaluate and manage benefits and retention packages 
  • Administer and coordinate benefit renewal process
  • Records management

• Privately-held businesses
  • Payroll setup and ongoing administration 
  • Implement controls for a reliable, efficient, and effective payroll system.
  • Prepare and facilitate payroll tax returns 
  • Forms 1099-Misc, payroll, or other informational returns

• Coordinate with family to plan, develop, and implement legacy, succession, and philanthropic strategies 
• Oversee and administer philanthropic entities, including tax coordination 
• Launch philanthropic programs
• Manage treasury, cash flow needs, and accounting functions
• Help create and roll out Family Mission, Vision, and Values documents
• Facilitate wealth education for rising generations
• Onboard new trustees and foundation staff
• Coordinate family and board meetings
• Oversee and implement family gifting strategies 
• Financial and regulatory compliance reporting

We offer an intelligent way to manage data and documents so you can securely store important files and make the best decisions.

• Visual representation of all entities, ownership, assets
• Centralized, cloud-based, secure document storage
• Operational efficiency facilitates collaboration and transparency
• Version control, indexing, and search features enable access to critical documents

We educate and train families to help reduce cyber risk.

• Cyber security assessment and score
• Recommendations to identify and defend against potential cyber threats
• Cyber risk awareness education and training for family
• Understanding preventative controls and behaviors