Mosaic Family Office
Mosaic Family Office, the leading South African family office specialist, is proud to sponsor the annual Mosaic Top 5 Pinot Noir Wine Awards as part of a project to lift the profile of South African Pinot Noir red wines for the benefit of all stakeholders.
Mosaic Family Office provides tailored family office services to affluent individuals, their families, and their related businesses. The firm specialises in the establishment and maintenance of local and offshore financial inheritance structures that allow families to manage, protect and grow their wealth for current and future generations. Core competencies include administration, fiduciary, foreign exchange, investment management, philanthropy, structuring and taxation services.
What is a family office?
A family office is a private entity supported by highly skilled professionals equipped to assist a family with corporate structuring, estate planning, fiduciary services, financial administration, income tax, investment management, philanthropic endeavours, and all other financial requirements.
Family offices first emerged in the 19th century when J.P. Morgan, the New York banker, established the House of Morgan in the mid-1800s to manage his family assets. John D. Rockefeller, founder of the Standard Oil Company, established his family office in 1882.
The purpose of a family office is to grow and preserve family wealth in a safe and tax efficient manner.
Family office services
Mosaic Family Office provides comprehensive family office solutions to ensure successful growth and preservation of family wealth, including:
Administration
The firm’s administration services ensure the efficient operation and maintenance of inheritance structures and include:
- Accounting of all financial transactions;
- Preparing annual financial statements;
- Preparing audit files (as required) and liaising with auditors;
- Preparing and filing all documents required by the Companies and Intellectual Property Commission, Master of the High Court and any offshore authority;
- Bank administration services;
- Foreign exchange allowance administration services;
- Establishment and maintenance of share registers; and
- Liaisons with any other service providers.
Estate planning
The firm assists with the effective structuring of assets to ensure the growth and protection of family wealth from one generation to the next.
Fiduciary
The firm’s insolvency remote corporate trust companies provide independent fiduciary services to local and offshore structures.
Financial emigration and relocation
The firm's financial emigration services manages the financial emigration and relocation of clients, ensuring compliance with all requirements under the Income Tax Act and exchange control regulations.
Foreign exchange
The firm’s foreign exchange services provide comprehensive solutions to all the currency needs of clients.
Investment management
The firm’s investment management services offer a wide variety of local and offshore managed share and fund portfolios, with competitive brokerage and management fee structures.
Philanthropy
The firm’s philanthropy services design, establish and administer public benefit organisations to allow our clients to make tax-deductible donations in support of their philanthropic endeavours.
Structuring
The firm’s structuring services design and establish local and offshore inheritance structures in a safe and tax-efficient manner suited to the unique needs of each client, their families, and their assets.
Tax
The firm’s tax services include submitting annual and provisional tax returns, assisting with tax audits, obtaining tax clearance certificates, offering expert tax opinions, query management, tax registration, and all other aspects relevant to our clients.
