Main point of contact for all the intermediaries
With increased wealth comes increased complexity: multiple jurisdictions, numerous banks, variety of investment structures etc, are just a few constants of this evolving jigsaw.
Kendar Advisors are neither accountants, nor lawyers, nor tax expert and need to rely on the advice of experts. Our role is to coordinate between all these fields and make sure that to the best of our knowledge there are no loose ends. This involves:
BANK
Checking fees, appropriateness of tax disclosures (implications for withholding taxes), monitoring allocation and performance
TAX EXPERTS
Helping set up the right tax structure for clients, making sure investments and cash flows do not have adverse tax consequences, checking that taxes are properly accounted for.
ACCOUNTANTS
Understanding and verifying year end accounts, making sure any new cash flow is properly accounted for
LAWYERS
Proof reading “fine prints”, understanding what contracts implications are.
We are directors of some of our clients’ investment companies, and sit on the board of some of the companies they have invested in. We therefore have a legal responsibility to understand the accounting, tax and legal implications of every investment these companies make.
