Cymric Family Office Services

It is our mission to help families define and achieve their personal and financial goals. Cymric Family Office Services offers families with substantial assets customized services tailored to individual needs and situations. Those families who do not wish to maintain their own family office can have access to all of the services they require through Cymric Family Office Services including; asset allocation analysis; investment management cash flow and financial management(including bill paying, tax planning and preparation), estate planning; trust administration; insurance placement and management; business management; succession planning; family meeting organization and facilitation; and foundation and charitable giving management.

Client Profile

Cymric clients have a minimum of $25 million in assets, and require all of the services that we offer. The client can be an individual, or a multi-generational family. Each family’s service is personalized and customized to meet its specific needs.

Cymric Services

Ongoing Relationship Management

Principals of Cymric Family Office Services provides as much personal contact with their clients as each family member desires. At a minimum, we conduct quarterly family meetings. We tailor each agenda to the family’s interests and needs at the time. Typically, we will review changes to the family’s objectives, cash flow analysis, status of financial condition, investment strategy and performance, insurance coverage and needs, tax issues, estate planning changes, charitable giving, as well as operating business issues such as strategic planning or succession planning. Additional meetings are conducted with family members when particular issues arise or when either side believes there is a need.

Investment Management Overview

The Cymric investment philosophy is to help each family member define his or her investment goals, taking into consideration cash requirements and tolerance for risk as well as short term and long term investment expectations. We factor in personal assets and operating businesses. We believe asset allocation is important and use sophisticated software to help analyze the after-tax outcomes of various asset allocation alternatives. Under Cymric’s guidance, the family establishes an investment policy that is reviewed regularly and tactically changed as necessary.

Asset Allocation

The development of an appropriate asset allocation for each client is an important component of Cymric’s client service. We are not market timers and believe that diversification is necessary for good long term returns. To achieve the objectives that have been defined in conjunction with the family member, we focus on their cash-flow needs, risk tolerance, tax considerations, and time horizons to achieve the defined after tax objective. We use asset allocation software to present the client with various options. Once a strategy is established, it is only tactically changed on a short term basis and strategically changed as external events change.

Click here to view an example of asset allocation analysis and reporting that is done for the families at Cymric Family Office Services. This particular asset allocation is not recommended, it is only meant to demonstrate some of the variables that are considered in determining a proper asset allocation and the reporting that can be generated to communicate the strategy.

Manager Selection

Manager searches are conducted on an as-needed basis for each individual client, and Cymric continually researches the market place for talented managers. Manager selection is important, but not more important than asset allocation.

Performance Monitoring/Review

We perform quarterly performance measurement against peers and indexes. Monthly reporting is required of all managers and performance is calculated on an annual basis.

Fee and Compensation Structure

For more information on Cymric’s compensation options, please contact us directly at (714) 641-1402 or Psoldano@cymricfamilyoffice.com.

Company History

Cymric Family Office Services was founded in 1987 when The Brown Family retained the services of Patricia M Soldano. In 1996, the Brown Family sold Cymric Family Office Services to Pat Soldano, the current CEO and President, while remaining a client of the company. Cymric is an independent multifamily office, meaning no client families hold any stock in Cymric. It is owned exclusively by Patricia M. Soldano.

Regulatory Bodies

Cymric Family Office Services is a registered investment advisor and regulated by the Securities and Exchange Commission.