Many potential partners ask, “What makes a good candidate firm for a Family Office Services Division?” 

 

We find our partner firms each have their own unique fingerprint, yet there are some common characteristics: 

 

  • An established tax or bookkeeping practice with a client base that includes some high-income or higher-net-worth business owners and families. Some of our partners are second or third-generation firms and have second and/or third-generation clients. 

  • At least one firm partner who is committed to getting out of the commodity tax services “box” and offer strategic services proactively to their clients. 

  • While some of our best partners have dabbled in Family Office Services prior to working with Array, we require that an ongoing relationship means Array is your go-to partner. We pilot an initial project together to make sure this is a win-win relationship. 

  • We prefer that our CPA partners be the relationship managers and be comfortable working with and delegating to an extended team. The nature of the client problem and the selected solution drive how each problem is solved. 

  • The best partners have an open mind about how to grow their firm and can work “on their business” with our assistance, not just in it. The idea is not to work harder but to work smarter.         

 

Array Partners is primary focused on adding CPA partnerships East of the Mississippi, but is open to select opportunities in other geographies of the US. 

 

Below are some situations where Array Partners has helped. 

Growing Accounting Firms to Reach Their Next Level of Profits

 Are you looking to take your practice to the next level of growth?  

 

You may be expanding by acquiring other firms in the area or adding specific service lines.  

 

As the leader of your firm, you may see a need to be able to quickly solve complex needs of higher-net-worth clients and to leverage your role as a trusted advisor to your clients with a team of Family Office Services experts available on call. 

 

You may benefit from the Array Partners model by answering questions like these: 

 

  • How can you tap a revenue stream of Family Office Services for your best clients?  

  • Can you fully leverage your team and tax or bookkeeping client base to devote most of your time to bigger opportunities and major client issues?   

  • What delivery model ensures that you remain the engagement leader with clients and does not require you to staff-up ahead of revenue? 

 

Array Partners and their extended team of experts in Family Office Services can help you as much as double profits and to grow organically.  

Mid-Career CPA Partners Offer Strategic Services

 Do you feel your client base and practice can benefit from offering strategic services?   

 

Are you looking for a way to increase firm profits with your best clients? 

 

You may be tired of being consumed by tax filings much of the year and feel as if you should be more proactive. Possibly, you may be planning to buy out a partner or dramatically increase firm cash flow.  

 

As a partner in a firm, you may see opportunity to be more strategic with clients and work on the practice rather than working in it. You may have another partner or family member who is happy with the way things are, and you need a path to lead the firm to the next level.   

 

You may be able to benefit from the Array Partners model by answering questions such as: 

 

  • What opportunity does comprehensive Family Office Services offer for your firm?  

  • How can you break free from the cycle of seasonal filings and be less reactive to clients’ tax needs?   

  • How can you solve complex problems and get paid what you are worth without working harder? 

 

Array Partners and their extended team of experts in Family Office Services can help you pilot and prove an extended, team-based approach at no-cost.   

CPAs Who Want to Be More Proactive

 Are you stuck in a commodity business of tax prep and bookkeeping?  

Are your frustrated clients come to you only AFTER they have made a decision that has serious tax consequences? 

You may benefit from the Array Partners model by answering questions like: 

  • Is the Family Office Services business opportunity right for your practice?   

  • How can you dramatically increase your income while having more fun in your practice?    

  • How can you be seen as a trusted advisor for clients so they come to you BEFORE they make a major life decision? 

 

Break out of the commodity trap by offering strategic services to your clients. Get more information and see if the Array Partners model is right for you.