Risk Management
Insurance coverage review, fee management on existing manager relationships, and liquidity planning for taxes payable on death.
Risk management at a family-office level is the discipline of looking at the whole balance sheet and asking which adverse event would most damage the family's position, then asking whether the structure currently in place would withstand it. Most families have purchased insurance against the wrong risks and have left the largest one uncovered.
Groups
3
Services
6
Pillar
III
III.01
Insurance Planning
4 services
- III.01.01
Prepare a life insurance needs analysis, revised regularly
AnnualStendal models the family's life insurance need against the liquidity required at death (taxes, distributions, replacement income), revised whenever assets, structure, or beneficiaries change.
- III.01.02
Review existing property and casualty insurance coverages
AnnualStendal annually audits the family's property and casualty coverage (homes, vehicles, art, jewellery, umbrella) against current values and risk exposure, flagging gaps and over-insurance.
- III.01.03
Review existing disability and medical insurance coverages
AnnualStendal annually reviews disability and medical coverage across the family, including any group plans through opcos and individual policies, against current circumstances.
- III.01.04
Conduct annual risk assessment across the family's exposures
AnnualStendal runs a structured annual risk assessment covering insurance, cybersecurity, key-person, regulatory, and concentration risks, producing a one-page risk register for the quarterly meeting.
III.02
Fee Management
1 services
- III.02.01
Review and negotiate custody and management fees on existing manager relationships
AnnualStendal annually reviews the family's custody and investment management fees against current market rates and renegotiates where the family's relationship strength warrants better pricing.
III.03
Wealth Transfer Risks
1 services
- III.03.01
Calculate liquidity required to pay taxes upon death; ensure liquidity exists
AnnualStendal calculates the liquidity the estate will need to pay terminal taxes (deemed disposition, U.S. estate tax exposure, probate fees) and confirms the source is in place, whether insurance, retained earnings, or a designated portfolio sleeve.