A family office is a relatively new thing.
Wikipedia describes it as “a privately held company that handles investment management and wealth management for a wealthy family. The goal being to effectively grow and transfer wealth across generations. The company’s financial capital is the family’s own wealth. Family offices also may handle tasks such as managing household staff, making travel arrangements, property management, day-to-day accounting, tax, and payroll activities, management of legal affairs, family management services, family governance, financial and investor education, coordination of philanthropy and private foundations, and succession planning. Some family offices accept investments from people who are not members of the owning family.“
With us, you are the Family and we look after your financial affairs. Whether it is your Tax, bank accounts, savings, investments, properties, mortgages or long term financial plans, we are here for you.
At Crew Family Office our aim is to make sure you do two things;
- Earn in the most efficient way possible. This includes;
- Getting paid into an appropriate bank account
- Ensure you are doing the right thing tax wise
- Make sure you are 100% legal and above board financially
- Plan for your future after Yachting. This includes;
- Preparing a personal plan based on your long term goals
- Make sure you follow the plan by helping with….
- Pensions, savings and investments
- Property and mortgages
- Avoid unnecessary costs
- Provide constant, unbiased advice.
How it works
Crew Family Office works on an annual membership basis which means you pay us once a year for access to all of our services. Depending on membership level your annual tax return is also included in the price. (Preferred Plus membership at £220 per year includes one annual tax return)
What we do
We are always available to help with solutions to problems, advice on long term goals, an ear to listen to a business idea and even talk about life after yachting. After all, we have been there ourselves. Mark Upton, our founder worked on yachts for many years and openly admits Crew Family Office exists because of the mistakes he made during his yachting career. We are here to help you avoid the mistakes Mark made and so many other Yacht Crew still make.
A lot of Superyacht Crew simply need pointing in the right direction when it comes to finances. There are a lot of things to keep up with when you work offshore, get paid in various currencies and spend time in so many countries. There are also a lot of opportunities out there. Some are great, others not so great. We are here to help you spot the difference and make your life after yachting financially stable.
As a company these are our services:
Tax advice and a tax return filing service for UK crew. This is provided by our in house chartered accountant.
Investment advice and wealth management. This covers everything from setting up your first ISA to pensions, stocks and shares and much more.
Mortgages. We know a lot of crew find these a bit tricky to get sometimes. We have a 100% success rate with getting mortgages for crew. If we can’t help, we will tell you.
Property search and property investment advice: We will not only help you find the perfect buy to let, we also have a team of letting agents who will manage it for you too.
Foreign Exchange: Another area where Crew loses a lot of money without realising. We not only have access to a great new bank account but also much better exchange rates than your banks offer.
For your safety and peace of mind all our specialists are fully regulated in the UK. This means you are safe from all the scammers and cheats out there.
We are here to help you make the most of your money during your time in Yachting so you don’t have to worry when the time comes to leave.
Get in touch to see what we can do to help you