JDJ Resources Presentation


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JDJ Resources Presentation

  1. 1. Welcome to a Life Less Complicated
  2. 2. Managing Your Personal Life. Professionally. The premier administrative multi-family office providing services to affluent individuals and families in the greater Boston area. 1
  3. 3. Life Worth JDJ Resources offers exclusive and confidential services that integrate all facets of our clients’ lives, increasing their Life Worth. Life Worth: - Financial security, for this generation and the next - Personal and family enjoyment - Relief of daily stress and burdens - Pursuit of philanthropic objectives - Organization, definition and structure - Wealth creation 2
  4. 4. Integration Trust & Estate Attorney Family Wealth Members Managers JDJ Resources Household Tax Providers Accountants Travel & Insurance Entertainment Brokers Providers 3
  5. 5. Service Philosophy JDJ Resources takes a holistic approach to providing services to our clients. As such, we offer a comprehensive array of services that are performed with professionalism, confidentiality, expertise and integrity. “I needed administrative help at home. But setting up a family office seemed excessive. JDJ delivers just the services I need—it’s the best of both worlds.” -CEO, Beverly “Working with JDJ is an absolute pleasure. I honestly don’t know what we would do without JDJ. Can’t express our gratitude enough.” -Professional Athlete, Boston 4
  6. 6. Services JDJ’s financial, administrative and concierge services are available à la carte. - Personal Accounting and Net Worth Reporting - Investment Oversight and Administration - Budgeting and Cash Flow Planning - Bill Paying - Trust and Estate Administration - Tax Planning and Preparation Assistance - Records Management and Organization Strategies - Household and Personal Property Management - Concierge and Lifestyle Services - Elder Care Services 5
  7. 7. Personal Accounting and Net Worth Reporting - Preparation of consolidated statements of Net Worth including: - balance sheet - profit & loss - cash flow statements - Entity accounting for trusts, foundations and closely held businesses - Detailed reporting and analysis of expenses - Asset allocation and performance reporting - Cash flow projections - Tax liability projections - Customized reporting “When it comes to details and record keeping, JDJ is tenacious.” -Wealth Manager, Weston 6
  8. 8. Investment Oversight and Administration - Investment performance and asset allocation reporting - Performance reporting against industry benchmarks - Administration and oversight of alternative investments including: - capital call processing - distribution tracking - capital commitment schedule - cost basis tracking - Transaction planning, structuring and documentation - Maintain detailed files for all investments - Wealth manager due diligence - Alternative investment documentation execution and management - Regulatory compliance 7
  9. 9. Budgeting and Cash Flow Planning - Annual budget preparation for individuals and families - Budget to actual reporting - Cash management - Project spending budgets - Detailed reporting and analysis of spending - Projected cash flow reports - Fiscal responsibility for the next generation “With JDJ, I feel the next generation of our family is well- informed and ready to take on greater financial responsibility.” -Retired Executive, Cambridge 8
  10. 10. Bill Paying - Pay bills and reconcile bank statements - Payroll administration - Monitor and reconcile credit card activity - Dispute resolution and invoice negotiation - Credit monitoring - Assistance with evaluation of service providers - Vendor usage evaluation - Customized policies and procedures - Mail management - File medical claims and monitor insurance reimbursements “What did I do before utilizing JDJ’s bill paying services? Wasted a lot of precious time.” -Pension Fund Manager, Wellesley 9
  11. 11. Trust and Estate Administration - Trust administration - Estate plan documents review and management - Estate plan implementation - Preparation of abstracts, flow charts, summaries and profiles - Life insurance portfolio evaluation - Charitable and philanthropic administration - Wealth transfer planning - Fiscal education for the next generation - Estate settlement “JDJ’s expertise in estate planning and document organization is invaluable.” -Venture Capitalist, Marblehead 10
  12. 12. Tax Planning and Preparation Assistance - Coordination of tax planning and preparation - Tax liability projections - Consolidation and presentation of documents - Quarterly estimated tax payment processing - Tax minimization strategies - Cost basis tracking - Information gathering and document tracking “I used to dread getting ready for tax season. But with JDJ organizing and preparing all my records, April 15 is just another day now.” -Real Estate Investor, Brookline 11
  13. 13. Records Management and Organization Strategies - Filing system design and set-up - Electronic storage of important documents - Historical data warehousing and off-site file storage - Mail management - Catalogue fine arts and valuables - Household cleanout and storage strategies - Personalized timetable for tracking expiration dates (license, registration, passports) - Special project typing and mailings - Rolodex set-up and maintenance - JDJ Client Profile and documentation checklist - Office set-up (home or off-site) 12
  14. 14. Household and Personal Property Management - Manage primary and secondary residences and rental properties - Household maintenance schedule and vendor list - Seasonal set-up and shut down - Hire and manage domestic help and service providers - Vendor due diligence and selection assistance - Risk management (property, casualty and liability insurance review and monitoring) - Specialty insurance coordination - Move coordination - Catalogue fine arts and valuables “With my schedule, setting up a new vacation home on Cape Cod would have been an impossibility. JDJ took care of everything. All I had to do was show up.” -Hedge Fund Manager, Andover 13
  15. 15. Concierge and Lifestyle Services - Event planning - Vacation and travel planning - Assistance with gift selection and major purchases - Private jet research and management - Club membership and season ticket management - Luxury resort selections - Health and wellness services (selection of chefs, nutritionists, personal trainers, etc.) 14
  16. 16. Elder Care Services - Evaluation of living arrangements and/or medical care facilities - Navigate through Medicare and Medicaid complexities - Appointment scheduling and family communication - Management of elder care and home care providers - Coordination of residential downsizing - Work with advisors for wealth transfer to the next generation “JDJ has helped our family transition through several stages of life.” -Entrepreneur, Milton 15
  17. 17. Why JDJ? Depth - Partners with 70+ years of professional and fiduciary experience Breadth - Single entity managing all aspects of family’s affairs Initiative - Proactive day-to-day financial and administrative management Choice - À la carte and customized services Consolidation - Aggregation of financial matters and central depository of data Continuity - Multi layered organization to ensure continuity of relationship management Care - Diligent attention to clients’ best interest Integrity - Independent service provider Security - Internal controls, family office insurance, fidelity bond 16
  18. 18. The Company - Organized in 2001 - Employee owned - 4 Partners and 10 associates - 55+ clients with combined net assets approximately $2.0 billion - Family office insurance & fidelity bond - Controlled growth to ensure access and responsiveness 17
  19. 19. JDJ Resources Doreen Biebusch James Kittler Julie Girts Steve Sarcione Client & Corporate Concierge & Household Accounting & Finance Support Management Chris Tambasco Brooke Kafka Elizabeth Patti Murray Kylie Ruschioni Dever-Allston Stacey Giannelli Julie McEvoy Elana Vasi Ashley Mary Carosa Mastrostefano 18
  20. 20. Relationship Structure - Relationship partner with supporting team - Standard client contract - Confidentiality agreement - Tiered hourly billing - Fee-based for special projects 19
  21. 21. Doreen M. Biebusch, CPA - 25+ years of experience - Managing Partner - Former CFO of AEGIS and Aldrich Eastman Waltch - Extensive experience in financial reporting and tax planning - Significant management experience - Bachelor of Arts, MBA and CPA 20
  22. 22. Julie M. Girts - 15+ years of executive personal administrative experience - Corporate Administrative Partner - Directs JDJ’s Concierge, Household Management and Eldercare services - Domestic and international event planning experience - Notary Public - Bachelor of Arts - Affiliate Member, National Association of Professional Geriatric Care Managers 21
  23. 23. James M. Kittler - 15+ years of experience - Director of Marketing and Business Development - Oversees JDJ’s technology strategy - Experience with portfolio construction and alternative investments - Treasury management experience - Financial analysis and reporting - Notary Public - Bachelor of Science - Certificate in Financial Planning - Member of Financial Planners Association, American Association of Daily Money Managers, Boston Estate Planning Council 22
  24. 24. Steven R. Sarcione, CTFA - 15+ years of family office experience - Corporate Compliance Partner - Oversees JDJ’s Estate and Trust Administration services - Charitable and Private Foundations experience - Board member of Fund Management Company - Notary Public - Certified Trust and Financial Advisor - Bachelor of Arts, Certificate in Human Resources and Certificate in Paralegal Studies - Member, Boston Estate Planning Council 23
  25. 25. Contact Information JDJ Resources 31 Milk Street, Suite 401 Boston, MA 02109 Main Line 617-646-4500 Fax Line 617-646-4501 www.jdjresources.com For further information please contact: Steven R. Sarcione (T) 617-646-4514 ssarcione@jdjresources.com 24