Why Families Turn to Family Office Consulting Services for Structuring and Governance

19 Sep 2025

When Consulting Becomes Essential for Family Offices

Consulting services are most valuable when families recognize that their current practices cannot sustain governance or continuity across generations. Through structured advice, families can address governance gaps, design new entities, and align oversight with their goals. In multigenerational families, these challenges often emerge as wealth grows, more family members join decision-making, and the focus turns to building an enduring family enterprise that transcends individual leadership.

Consultants do not replace a family office; they provide solutions tailored to each family’s unique challenges. Their role is to design frameworks that enable better decision making, preserve wealth, and create structures that prepare the next generation for stewardship.

Triggers for Engaging Consulting Advisors

Families typically seek tailored advice from consultants at critical turning points, such as:

Launching a new family office: High-net-worth individuals and affluent families often need guidance on entity formation, legal structures, and operational design.
Succession planning: Advisors prepare families to hand over leadership and assets while sustaining governance discipline and protecting the family’s legacy.
Aligning a family enterprise with investments: Consultants ensure business operations and investment management strategies are coordinated, supporting both family wealth and the family’s financial goals.
Addressing poor family governance: Consulting helps strengthen internal controls, reduce conflicts, and create governance structures that align all stakeholders.

In every scenario, the value lies in clear frameworks, an independent perspective, and family office experience that strengthen governance and protect the family’s long-term vision.

Structuring a Family Office Through Consulting

When families face the challenge of building a new office or improving an existing one, experienced consultants step in to shape governance, compliance, and operations. They bring sophisticated solutions and apply leading practices to create structures that are resilient and aligned with the family’s goals.

For many families, expert guidance provides the confidence that their office can handle not only wealth management but also the complexity of a broad range of services, from investment management to philanthropy, education, and administration. Each engagement emphasizes executing skillfully so that families avoid fragmented oversight and gain a structure that supports both decision-making and long-term continuity.

Structuring a New Family Office Practice

When launching a new family office, consultants help high-net-worth individuals and affluent families navigate the complexity that often overwhelms them. Guidance typically covers:

Entity formation and legal structures: Setting up LLCs, trusts, or private companies as the foundation.
Integration with family’s business operations: Aligning the family enterprise with wealth oversight.
Operational design: Creating systems for accounting, bill payment, and day-to-day financial management.
Defining scope: Clarifying which family office services will be delivered in-house and which require external support.

The result is a governance-ready office that avoids inefficiency and provides comprehensive support for the family.

Tailoring Governance to Family Office Legal Structures

Consultants adapt governance to the chosen entity while embedding resilience. Their role includes:

Working with legal counsel to ensure compliance with applicable exemptions and filings.
Designing governance structures that clarify authority and responsibility.
Embedding internal controls to strengthen reporting and oversight.
Building scalable systems that future-proof the office against growth.

These frameworks allow families to make better decisions while aligning with the family’s values and long-term vision.

Strengthening Governance in Existing Family Offices

Even established offices need refinement. Consultants help by:

Reviewing current family office practice for weak points
Enhancing reporting, compliance, and controls
Realigning governance with the family’s goals and the realities of multigenerational families
Preparing for succession by embedding clear frameworks for leadership transition

Here, the consulting value lies in combining outside perspective with tailored advice, giving families a governance model that sustains their legacy and adapts as circumstances evolve.

At a Glance: Consulting Contributions to Structuring and Governance

Consulting Focus	Value Delivered	Keywords Integrated
New Family Office Practice	Entity formation, business integration, and scope of services	new family office, affluent families, bill payment, comprehensive support
Governance Frameworks	Compliance, controls, future-proof structures	governance structures, internal controls, state and federal regulators, future-proof
Strengthening Existing Offices	Reviews, realignment, succession planning	family office practice, multigenerational families, family’s goals, legacy, tailored advice
Execution and Solutions	Broad range of services, confidence for clients	sophisticated solutions, a broad range, clients, executing skillfully

Why Families Turn to Consulting for Governance

Strengthening Governance Through Consulting

Families often seek guidance when governance weakens or decision-making becomes fragmented. Trusted advisors & consultants step in to align family members, reduce conflict, and create structures that protect family wealth across future generations. Their role extends beyond compliance by delivering a broad range of insights that combine governance, financial planning, and operational oversight. The result is an enduring family enterprise built on stability rather than short-term fixes.

The Value of Family Office Experience

Consultants with deep family office experience understand the unique challenges multigenerational families face. They bring expertise in investment management, tax planning, and risk management, and they know how to coordinate with other advisors such as accountants, legal counsel, and private banks. This collaboration gives families a holistic approach to governance, ensuring every part of wealth management supports the same long-term goals.

The best consultants provide:

Knowledge of leading practices in governance frameworks
The ability to deliver sophisticated solutions that integrate structure, compliance, and culture
A focus on better decision-making across generations
A proven record with clients, showing they can execute skillfully even in complex transitions

Across engagements, effective governance reflects common elements: clear authority, transparent reporting, and accountability for all family members.

Delivering Solutions Tailored to the Family’s Goals

Governance succeeds only when it reflects the family’s goals and family’s values. Skilled consultants listen carefully, advise intelligently, and deliver solutions tailored to each situation. This may include:

Designing governance structures that fit the family’s size and complexity.
Offering personalized service that respects privacy and discretion.
Aligning decision-making processes with both financial goals and legacy ambitions.
Supporting education and financial literacy so the next generation is prepared for stewardship.

Ultimately, governance is not just a framework but a living system. It balances authority, fosters unity among family members, and protects wealth while adapting to change.

This keeps the flow intact, avoids redundancy, and reads more authoritative.

Core Family Office Services Enhanced by Consulting

Consultants extend family office support beyond investing. Their holistic view unites governance, operations, and wealth management so families can manage both financial and personal priorities with confidence. This perspective helps new or existing offices avoid blind spots and stay resilient over time.

Bill Payment and Administrative Oversight

Consultants design reliable systems for bill payment, accounting, and reporting. By aligning internal controls with leading practices, families reduce errors, gain transparency, and improve decision-making.

Day-to-Day Management of Financial Affairs

Consultants establish structured systems for bill payment, accounting, and reporting. With internal controls anchored in leading practices, families gain accuracy, transparency, and better decision-making.

Building a Dedicated Team

Building a dedicated team is often part of the process. Consultants act as trusted advisors, coordinating tax planning, legal oversight, and investment management, and ensuring that each role supports the family’s goals.

Asset Management and Investment Oversight

Consultants bring discipline and expertise to ensure that asset management reflects a family’s financial goals, governance structures, and long-term vision. Their role extends beyond administration into shaping how wealthy families and wealthy individuals manage wealth in a way that balances growth with preservation.

Investment Management and Advice

Consultants guide asset allocation, portfolio management, and investment advice, helping families diversify across public markets, private equity, and alternative investments.
They integrate financial planning with investment management so portfolios align with family wealth objectives and day-to-day liquidity needs.
By coordinating with other advisors such as tax specialists, legal counsel, and external managers, consultants create a cohesive strategy that reduces overlap and improves outcomes.

Aligning With Family Wealth and Governance

Consultants adapt strategies to reflect each family’s goals, whether preserving wealth for multigenerational families or funding philanthropic initiatives.
Governance structures are embedded to ensure accountability, compliance, and effective risk management across investment decisions.
Families benefit from leading practices that combine rigorous analysis with practical frameworks, giving them confidence in both the short-term execution and the long-term safeguarding of the family’s legacy.

Consulting Advantage in Asset Oversight

Aspect	Without Consulting	With Consulting Services
Portfolio Design	Limited diversification, reliance on ad hoc advice	Tailored investment management, allocation across traditional and alternative investments
Financial Planning	Focused mainly on immediate needs	Integrated financial planning aligned with long-term financial goals and family’s vision
Governance	Minimal structures, risk of fragmented oversight	Governance frameworks, internal controls, and future-proof reporting
Advisor Coordination	Multiple advisors with inconsistent input	Consultants unify tax planning, legal, and investment advice for better decision making
Risk Management	Reactive, inconsistent practices	Embedded risk management ensuring both preservation and growth

Consulting for Family Wealth and Legacy

Advisors play a critical role in helping families preserve wealth, strengthen family governance, and build continuity across multigenerational families. By combining technical expertise with a holistic view of family wealth, consultants address not only financial outcomes but also the long-term stewardship of the family’s legacy.

Succession Planning and Preparing the Next Generation

Consultants design governance structures that prepare family members for leadership and stewardship.
Education and financial literacy programs build confidence in decision-making, enabling the next generation to manage complex family wealth.
By listening intently and advising intelligently, consultants help align the family’s goals with enduring family enterprise priorities.

Preserving Wealth Across Future Generations

Consultants integrate succession planning with wealth management and tax planning, ensuring continuity in both governance and investments.
They apply leading practices to balance asset growth with wealth preservation, creating structures that remain resilient for future generations.
Tailored advice ensures that family wealth strategies reflect the family’s vision, philanthropic commitments, and unique challenges.

Why Families Choose Consulting for Legacy Goals

Consultants with deep family office experience deliver sophisticated solutions that blend financial planning, governance, and specialized consulting. Families gain:

Confidence that wealth preservation strategies are future-proof and aligned with their legacy.
Continuity in decision-making across family members and generations.
Clarity through governance structures that reduce risks and support better decision-making.

The Consulting Advantage in Complex Family Office Models

Consultants help families evaluate whether a single-family office, multi-family office, or hybrid model is the right fit. Their role is to bring clarity where structures, governance, and services often overlap.

Addressing Unique Challenges Across Structures

Consultants tackle poor family governance, fragmented reporting, and unclear accountability.
They deliver tailored advice that addresses unique challenges while preserving wealth and supporting family’s legacy.
Families benefit from a holistic view of governance structures that reduce risk and prepare future generations.

Integrated Services in Family Office Practice

Advisors align family office practice with investment strategies, tax planning, and professional services.
This integrated approach supports financial planning, succession planning, and day-to-day operations like bill payment.
Consultants ensure comprehensive support by coordinating with other advisors, building internal controls, and helping families make better decisions a part of their daily practice.

Building Strategic Vision Through Consulting Engagements

Consultants help families build a strategic vision that links governance structures, wealth management, and investments to long-term goals. This ensures that the family office practice delivers more than services. It creates clarity and direction across generations.

Aligning Family Enterprise and Family Office Objectives

Advisors integrate family business operations with broader family enterprise strategies.
This alignment connects asset management, financial planning, and succession planning to both the family’s goals and the family’s legacy.
Consultants bring sophisticated solutions that balance business growth with wealth preservation.

Family Office Consulting for Non-Profits and Philanthropy

Families often use consulting to align philanthropic initiatives and nonprofits with their values.
Advisors design governance structures and reporting systems so giving reflects financial goals and deliver lasting impact.
Consulting support ensures that philanthropy, like investments, follows leading practices and remains future-proof.

Choosing the Right Family Office Consulting Partner

Selecting the right partner is critical. Families need consulting firms that act as trusted advisors, bring proven family office experience, and execute with discipline across governance, planning, and investment oversight.

What Families Should Expect in Consulting Partners

Personalized service that reflects the family’s values and long-term vision.
Tailored advice that adapts to the unique challenges of governance structures, succession planning, and wealth preservation.
A holistic approach that integrates family office services, tax planning, and risk management into a unified framework, making use of best practices and insights from industry leaders.
The ability to listen intently, advise intelligently, and deliver comprehensive support that aligns with the family’s goals.

Questions to Ask Before Engagement

Families should ask about governance experience, track record in investment strategies, and ability to deliver comprehensive family office services.

Governance and Compliance: What is your experience designing governance structures that align with state and federal regulators?
Investment Capabilities: How do you approach investment management, manager selection, and access to alternative investments?
Tax and Estate Planning: How do you integrate tax planning, cross-border reporting, and wealth transfer strategies into family office services?
Succession Planning: What is your track record in preparing the next generation for leadership and decision-making?
Family Office Experience: Can you share examples of structuring new family offices and strengthening existing family office practices?
Coordination with Other Advisors: How do you collaborate with lawyers, accountants, and private banks to deliver integrated services?
Operational Support: Do you manage day-to-day needs such as bill payment, property management, and financial reporting systems?
Internal Controls and Risk: How do you strengthen internal controls and manage family office risks across multigenerational families?
Strategic Vision: How do you align the family enterprise, investments, and governance structures with the family’s goals and legacy?
Technology and Reporting: What digital tools, ERP systems, or dashboards do you use to improve transparency, reporting, and better decision-making?
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Asset Vantage Software Licensing Agreement

This is a binding legal agreement between the natural person or legal person (“Licensee” or “you”) agreeing to these terms of service (“Agreement”) and Asset Vantage Inc. (“Company” “us,” or “we”). This Agreement along with any other terms and policies referenced herein, and are incorporated herein by reference form an integral part hereof, as amended from time to time and constitute a legally binding agreement as of the Effective Date (as defined below). This Agreement is between the Company and you, either individually, or on behalf of your employer or any other entity which you represent (“you” or “your”). In case you represent your employer or another entity, you hereby represent that (i) you have full legal authority to bind your employer or such entity (as applicable) to this Agreement; and (ii) after reading and understanding this Agreement, you agree to the terms of this Agreement on behalf of your employer or the respective entity (as applicable), and this Agreement shall bind your employer or such entity (as the case may be). Please note that you are deemed as an Authorized User (defined below) representative of your employer or an entity (as applicable) if you are using your employer or an entity’s email address in registering into the service.

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“Term” has the meaning set forth in Clause 11 of this Agreement.

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Scope and Grant of License.

Subject to Licensee’s compliance with all terms and conditions set forth in this Agreement and regular payment of the License Fee, the Company hereby grants to the Licensee a non-exclusive, non-transferable, non-sub-licensable and revocable limited license during the Term to use, solely by and through its Authorized Users, the Software along with the Documentation (“Software Platform”), solely as set forth in this Clause 3. This license grants Licensee the right, to use and access the Software Platform in accordance with this Agreement which more particularly set out in Appendix III (“Scope”) and the Documentation. By entering into this Agreement, the Licensee agrees to be legally bound by its terms and conditions.

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License Fee. Licensee agrees to pay for the Software Platform a [monthly/annual] fee as set out in the Appendix I (“License Fee”) for the Term.

Use Restrictions.

- - Licensee shall not, and shall ensure its Authorized Users do not, either directly or indirectly:
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Responsibility for Use of Software.

- - The Licensee is responsible and liable for all uses of the Software Platform through access thereto provided by Licensee, directly or indirectly. Specifically, and without limiting the generality of the foregoing, the Licensee shall at all times be responsible and liable for all actions and omissions of the Authorised Users. If the Company at any time determines that the Licensee’s use of the Software is in excess of the Scope then:

a. The Licensee shall, within thirty (30) days following the date of Company’s written notification thereof, pay to Company the additional License Fees for such excess use. In determining the License Fee payable pursuant to the foregoing, unless Licensee can demonstrate otherwise by documentary evidence, all previously unknown excess use of the Software shall be deemed to have commenced on the commencement date of this Agreement and the rates for such licenses shall be determined without regard to any discount to which the Licensee may have been entitled had such use been properly licensed prior to its commencement (or deemed commencement); and

b. The Company reserves the right to forthwith terminate this Agreement and initiate the legal proceedings against the Licensee for breach of terms of this Agreement and recovery of the amounts due.

- - The Licensee shall use commercially reasonable efforts to safeguard the Software Platform from infringement, replication in any form, misappropriation, theft, misuse, or unauthorized access. Licensee shall promptly notify the Company if Licensee becomes aware of any violation of Company’s Intellectual Property Rights in the Software Platform.

Support Services.

- - Subject to Clause 8.1, during the Term of this Agreement, the Company may provide basic software support services described in the pricing proposal as set out in Appendix I.
  - The Company shall have a right to stop providing support services if the Licensee and/or any of it Authorised Users:
  - breach any of the terms of this Agreement; or
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Collection and Use of Information.

- - Licensee acknowledges that Company may, directly or indirectly through the services of Third Parties, collect and store information regarding use of the Software and about equipment on which the Software is used or through which it otherwise is accessed and used, through the provision of support services.
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Confidential Information.

- - In connection with the performance of the Parties’ obligations under this Agreement, each Party may provide to the other Party, and the other Party shall have access to, the first Party’s Confidential Information. Notwithstanding any other content of this Clause 9, Licensee hereby permits the Company to use the Licensee’s name in the Company’s marketing material to the limited extent of identifying the Licensee as a customer that uses the Software Platform.

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- - In the event of an actual or threatened breach of the above confidentiality provisions, the non-breaching Party shall have no adequate remedy at law and shall be entitled to immediate injunctive and other equitable relief, without bond and without the necessity of showing actual money damages.

Intellectual Property Rights.

Licensee acknowledges and agrees that the Software Platform is provided by the Company under a non-exclusive, non-transferable, non-sub-licensable, revocable license. The Licensee shall not have any interest in the Software Platform including but not limited to any ownership interest in the Software Platform or any other rights thereto other than to use the same in accordance with the terms of this Agreement. The Company reserves and retains its entire right, title and interest in the Software Platform and all Intellectual Property Rights arising out of or relating to the Software Platform. The Licensee shall use all efforts to safeguard the Software Platform from infringement, misappropriation, theft, misuse or unauthorized access. The Licensee shall promptly notify the Company if the Licensee becomes aware of any violation of the Company’s Intellectual Property Rights in the Software Platform and fully cooperate with the Company in any legal action taken by Company to enforce its Intellectual Property Rights. The Licensee acknowledges and agrees that the Licensee, and not the Company, shall be solely responsible for the investigation, defense, settlement and discharge of any intellectual property infringement claim or suit, or any other harm or damages resulting from Licensee’s use of or access to the Software Platform.

Term and Termination.

This Agreement and the license granted hereunder shall remain in effect for the term set forth in the order form as set out in Appendix I. The license is valid for a period of 12 months from the date of activation (“Term”) unless otherwise indicated in the order form as set out in Appendix I. This Agreement will renew automatically for another twelve month period at the expiration date (“Extended Term”) unless the Licensee provides a written notice of termination sixty (60) days prior to the date of expiry of the License.
Without prejudice to any other rights or remedies and notwithstanding anything contained in Clause 11.1 above, the Company shall have an unfettered right to terminate this Agreement at any time upon Licensee’s failure to comply with all the terms and conditions of this Agreement.
Company may terminate this Agreement, effective immediately, if the Licensee files itself, or any other Person has filed against the Licensee (and fails to obtain a dismissal within sixty (60) days thereof), a petition for voluntary or involuntary bankruptcy or pursuant to any other insolvency law, makes or seeks to make a general assignment for the benefit of its creditors or applies for, or consents to, the appointment of a trustee, receiver or custodian for a substantial part of its property.
Upon expiration or earlier termination of this Agreement, the license granted hereunder shall also terminate, and Licensee shall cease using and destroy (to the extent reasonably practicable) all copies of the Software Platform. No expiration or termination shall affect Licensee’s obligation to pay all Licensee Fees that may have become due before such expiration or termination, or entitle Licensee to any refund, in each case except as set forth in Clause 11.3.

Limited Warranties, Exclusive Remedy and Disclaimer/Warranty Disclaimer.

The Company warrants that, during the Term, the Software will substantially contain the functionality described in the Documentation, and when properly accessed and used on a computer (as per requirements specified in the Documentation) and operated in accordance with the Documentation the Software shall substantially perform in accordance therewith. However, the Company does not represent or warrant that any and/or all errors will be corrected and that any and/or all incidents will be prevented or corrected.
The warranties expressly set forth in this Clause will not apply and will become null and void (i) if Licensee breaches any provision of this Agreement, and/or (ii) if Licensee and/or any Authorized User and/or any other Person to whom access to the Software is provided , whether or not in violation of this Agreement:
uses the Software Platform on or in connection with any hardware or software not specified in the Documentation, provided that the warranties in this Section shall continue to apply to Software that is installed or used on any hardware, software, configuration or operating system in accordance with the Documentation; or
misuses the Software, including any use of the Software other than as specified in the Documentation.
During the Term of this Agreement, if the Software fails to perform substantially in accordance with the Documentation, and such failure is not excluded from warranty pursuant to Clause 12.1, the Company will, at its sole option, use commercially reasonable efforts to repair the Software, provided that Licensee provides Company with all information which the Company requests to resolve the reported failure, including sufficient information to enable the Company to recreate such failure. Provided further that, the Licensee shall within 5 days after such failure has occurred, notify in writing to the Company informing about the failure. The Licensee acknowledges and agrees that the Software Platform may produce inaccurate results because of a failure or fault within the Software Platform for reasons not attributable to the Company or failure by Licensee to properly use and/or deploy the Software Platform. The Licensee assumes full and sole responsibility for any use of the Software Platform and bears the entire risk for failures or faults within the Software Platform on account of reasons not attributable to the Company. Licensee agrees that regardless of the cause of failure or fault or the form of any claim, the Company’s obligation if any shall be governed by this Agreement. Further, the Licensee acknowledges that the remedies set forth in this Clause 12.3 are Licensee’s sole remedies and Company’s sole liability with respect to the warranties provided in this Clause 12.
The software and documentation are provided to licensee on an “as is where is” basis and with all faults and defects without warranty of any kind other than as expressly set forth in this Clause 12. The Company, on its own behalf and on behalf of its affiliates expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the software and documentation, including all implied warranties of merchantability, fitness for a particular purpose, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the licensed Software Platform will meet the Licensee’s requirements, achieve any intended results, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.
The Licensee represents and warrants that it has due authorisations to enter into this Agreement and perform its obligations. Further, the Licensee represents and warrants that its is not barred under law, contractually or otherwise to enter into this Agreement and perform its obligations.

Limitation of liability

The Company and its affiliates, shall not be liable to the Licensee or to any third party for any use, interruption, delay or inability to use the software, lost revenues or profits, delays, interruption or loss of services, business or goodwill, loss or corruption of data, loss resulting from system or system service failure, malfunction or shutdown, failure to accurately transfer, read or transmit information, failure to update or provide correct information, system incompatibility or provision of incorrect compatibility information, or breaches in system security, or for any consequential, incidental, indirect, exemplary, special or punitive damages, whether arising out of or in connection with this agreement, breach of contract, tort (including negligence) or otherwise, regardless of whether such damages were foreseeable and whether or not the Licensee was advised of the possibility of such damages.
In no event will the Company’s and its affiliates’, collective aggregate liability under or in connection with this Agreement or its subject matter, under any legal or equitable theory, including breach of contract, tort (including negligence), strict liability and otherwise, exceed the total amount paid to the Company under this agreement for immediately preceding three month period.

Export Regulation.

The Software Platform may be subject to US export control laws, including the US Export Administration Act and its associated regulations. The Licensee shall not, directly or indirectly, export, re-export or release the Software Platform to, or make the Software Platform accessible from, any jurisdiction or country to which export, re-export or release is prohibited by law, rule or regulation. The Licensee shall comply with all applicable federal laws, regulations and rules, and complete all required undertakings (including obtaining any necessary export license or other governmental approval), prior to exporting, re-exporting, releasing or otherwise making the Software Platform available outside the US.

Indemnification

Licensee hereby agrees to indemnify the Company and its officers, directors, employees, agents, and representatives (“Indemnified Person”) from each and every demand, claim, loss, liability, or damage of any kind, including actual attorney’s/legal fees, whether in tort or contract, that may incur by reason of, or arising out of, any claim which is made by either the Licensee and/or any third party against the Indemnified Person with respect to any breach or violation of this Agreement by the Licensee or any claims based on Licensee’s and/or its client’s use of the Software Platform.

Miscellaneous.

Governing Law: This Agreement is governed by and construed in accordance with the internal laws of United States of America without giving effect to any choice or conflict of law provision or rule that would require or permit the application of the laws of any other jurisdiction. Any disputes arising from or related to this Agreement or any Company Software or service shall be subject to the exclusive jurisdiction and venue of the courts situated in New York, and both Parties hereby consent to such jurisdiction and venue.
Force Majeure: The Company will not be responsible or liable to the Licensee, or deemed in default or breach hereunder by reason of any failure or delay in the performance of its obligations hereunder where such failure or delay is lockdowns, due to strikes, labor disputes, civil disturbances, riot, rebellion, invasion, pandemic, epidemic, hostilities, war, terrorist attack, embargo, natural disaster, acts of God, flood, fire, sabotage, fluctuations or non-availability of electrical power, heat, light, air conditioning or any other circumstances caused beyond the Company’s reasonable control (“Force Majeure Event”). It is hereby clarified that the Licensee’s payment obligation shall continue during the Force Majeure Event.
Notices: All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally recognized overnight courier (receipt requested); (c) on the date sent by e-mail (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next business day if sent after normal business hours of the recipient; or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid.
Entire Agreement: The terms and conditions of this Agreement, including its exhibits, constitutes the entire agreement between the parties with respect to the subject matter hereof, and merges and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions. Neither of the parties shall be bound by any conditions, definitions, warranties, understandings, or representations with respect to the subject matter hereof other than as expressly provided herein. The section headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. No oral explanation or oral information by either party hereto shall alter the meaning or interpretation of this Agreement. No amendments or modifications shall be effective unless in a writing signed by authorized representatives of both parties. These terms and conditions will prevail notwithstanding any different, conflicting or additional terms and conditions which may appear on any purchase order, acknowledgment or other writing not expressly incorporated into this Agreement.
Assignment:

a. Licensee shall not assign or otherwise transfer any of its rights, or delegate or otherwise transfer any of its obligations or performance, under this Agreement, in each case whether voluntarily, involuntarily, by operation of law or otherwise, without Company’s prior written consent, which consent Company may give or withhold in its sole discretion. For purposes of the preceding sentence, and without limiting its generality, any merger, consolidation or reorganization involving Licensee (regardless of whether Licensee is a surviving or disappearing entity) will be deemed to be a transfer of rights, obligations or performance under this Agreement for which Company’s prior written consent is required. No delegation or other transfer will relieve Licensee of any of its obligations or performance under this Agreement. Any purported assignment, delegation or transfer in violation of this Clause 16.5 is void. The Company may assign or otherwise transfer all or any of its rights, or delegate or otherwise transfer all or any of its obligations or performance, under this Agreement without Licensee’s consent. This Agreement is binding upon and inures to the benefit of the parties hereto and their respective permitted successors and assigns.

b. This Agreement is for the sole benefit of the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer on any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

Amendment and Waiver: This Agreement may only be amended, modified or supplemented by an agreement in writing signed by each party hereto. Failure or neglect by the Company to enforce at any time any of the provisions hereof shall not be construed nor shall be deemed to be a waiver of the Company’s rights hereunder nor in any way affect the validity of the whole or any part of this License nor prejudice the Company’s rights to take subsequent action.
Reservation of Rights and Remedies: The Company reserves all of its rights to proceed to enforce its rights in connection with all rights not expressly granted to the Licensee in this Agreement.
Severability: If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision shall to that extent be severed from the remaining terms, conditions and provisions which shall continue to be valid to the fullest extent permitted by law.
Interpretation: For purposes of this Agreement, (a) the words “include,” “includes” and “including” shall be deemed to be followed by the words “without limitation”; (b) the word “or” is not exclusive; and (c) the words “herein,” “hereof,” “hereby,” “hereto” and “hereunder” refer to this Agreement as a whole. Unless the context otherwise requires, references herein: (x) to Sections and Exhibits refer to the Sections of, and Exhibits attached to, this Agreement; (y) to an agreement, instrument or other document means such agreement, instrument or other document as amended, supplemented and modified from time to time to the extent permitted by the provisions thereof and (z) to a statute means such statute as amended from time to time and includes any successor legislation thereto and any regulations promulgated thereunder. This Agreement shall be construed without regard to any presumption or rule requiring construction or interpretation against the party drafting an instrument or causing any instrument to be drafted. The headings in this Agreement are for reference only and do not affect the interpretation of this Agreement.
Independent Development: This Agreement does not preclude the Company from evaluating, acquiring from third parties not a party to this Agreement, independently developing or marketing similar technologies or products, or making and entering into similar arrangements with other companies. The Company is not restricted by this Agreement to make such products or technologies available to third parties.
Disclaimer: The Software Platform is subject to the Disclaimer set out in the Appendix V of this Agreement.

Appendix IV : Privacy Policy

The Customer can access the privacy policy of the Company at the following link: Privacy Policy

Appendix V: Disclaimer

All of the operating procedures with respect to the Software Platform have been designed based on the Company’s experience in working with hundreds of global family offices. Under no circumstances should any person using the Software Platform should make investment decisions based solely on the information setout therein. The Company is not a qualified financial advisor and the Licensee should not construe any information discussed herein to constitute investment advice. The information in the Software Platform is not meant to be, and should not be construed as advice or used for investment, financial planning, legal, accounting, or tax purposes. The Licensee agrees to consult with a registered investment advisor, which the Company is not, prior to making any investment/trading decision of any kind. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. It must be implemented as per individual family office requirements in consultation with the family office’s local accounting and legal professionals.
The Software Platform is based upon information that is relevant while making investment decisions and the Company considers it reliable, but the Company does not represent that it is accurate or complete, and that it should be relied upon, as such. The Licensee should not rely solely on the information in making any investment. Rather, the Licensee should use the information only as a starting point for doing additional independent research in order to allow the Licensee to form its own opinion regarding investments. All recommendations, advice or opinions cited are the professional views of the Company. The Licensee must act upon them with due diligence.
The Company is neither registered as a wealth advisor, wealth manager, investment advisor nor soliciting any investment in any jurisdiction. Further, the Company does not accept any responsibility or liability for the actions or inactions on the part of any individual or firm stemming from the information mentioned in the Software Platform. The Licensee is solely responsible for verifying the information as being appropriate for the Licensee’s use, including without limitation, seeking the advice of a qualified professional regarding any specific financial, legal, accounting, or tax questions that the Licensee may have.
The Company makes no warranties and gives no assurances regarding the truth, timeliness, reliability, or good faith of any material/factual data in the Software Platform. The Company does not warrant that investment/trading methods or systems presented in the manual will result in profits or losses. The Company makes no guarantees as to the accurateness, quality, or completeness of the information and the Company shall not be responsible or liable for any errors, omissions, inaccuracies in the information or for Licensee’s reliance on the information Vis-à-vis the Software Platform.