Family Office Management Services, Inc.

Overview

FOMS serves as a central resource for managing day-to-day financial affairs and supporting families’ future financial well-being. The firm offers comprehensive or tailored arrangements covering household administration, financial and investment performance reporting, oversight, and consulting.¹

History

FOMS reports more than two decades of experience helping families manage complex wealth and their ongoing financial responsibilities. The team reports more than thirty years of combined experience in family-office management.²³

Services

FOMS provides household management and bill-pay support, including personal bookkeeping, family-entity administration, tax coordination, and insurance oversight.³

The firm also prepares proprietary performance reports that consolidate analysis across clients’ existing accounts, portfolios, and expenses.³

What the firm offers

• Tax planning
• Administration and bill pay
• Risk and insurance

Client Focus

FOMS works with high-net-worth families seeking coordinated support for household administration, financial reporting, oversight, and related consulting needs.¹

Approach

FOMS states that it is independent and objective, has no affiliates, and does not invest client funds. The firm says its fees are based on the services delivered rather than on client assets.²

FAQs

Related resources

• LocationMultifamily offices in Massachusetts

  This Massachusetts directory helps a wealthy family or business owner place a Beverly based provider in the wider regional market. Reviewing other multifamily offices can clarify which firms combine tax planning, administration and bill pay, and risk or insurance support for high-net-worth households.

• Network siteCapitalGainsTax.com

  CapitalGainsTax.com explains how capital gains taxes work and outlines planning approaches that may affect investment sales, business interests, and family wealth transfers. These guides can help a Massachusetts family prepare questions about tax planning when assessing a family-office management provider.

• GuideMFO vs SFO vs virtual family office

  This comparison explains how multifamily offices differ from single family offices and virtual family offices in structure, staffing, privacy, and cost. A business owner or wealthy family can use it to consider which model fits ongoing administration, bill pay, tax coordination, and risk management needs.

• GuideHow multifamily offices invest

  This guide describes common ways multifamily offices invest, including portfolio construction, diversification, liquidity, and oversight. It can help a high-net-worth family discuss how investment decisions connect with tax planning, insurance needs, and administrative support when reviewing providers serving Massachusetts clients.

• Similar firmsBallentine Partners
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  Ballentine Partners, Daintree Advisors LLC, and Fortis Management Group LLC offer useful reference points for comparing firms listed on this site. Looking across their services, locations, and stated client focus can help a wealthy family or business owner frame questions for a Beverly, Massachusetts provider.

Sources

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.