Anchored in a perspective from family office experience across multiple single family offices and multi-jurisdictional private trust company set-up and operations, CLS Consulting, LLC provides a time-tested approach to developing trusted client relationships. Whether helping families simplify life with virtual family management services to educating families on establishing a private trust company, President, Cindy L. Steeb, MBA, JD, and her team understand the sensitive nature and needs of families, businesses and family dynamics within the wealth arena.
Our ability to ask the right questions, empathize with unique situations and stay neutral make us the premier boutique firm for your family and family business needs. Our experience includes co-authoring legislation that moved private family trust companies into Ohio, working with diverse family offices and multi-generational planning for future generations of families.
We have the unique capability and experience to implement and operate entities in support of family enterprises, including ongoing operational guidance. Our services range from helping families find relief in the day-to-day busyness of life to understanding the benefits of various family governance options. We have field-tested expertise in family offices and private trust companies, educating families, assessing needs and determining solutions.
Given the Ohio Family Trust Company Act recently became effective in late 2016, the concept is new to many advisors and family members. Unlike a family office, a family trust company has fiduciary powers to act as Trustee of family trusts to assist a family...read more
Recognizing when a private family trust company (“PFTC”) is the ‘right’ planning tool is important. This case study has been created as a thought-provoking example of how a PFTC can be a viable solution for a family owning a privately held company with the desire of...read more
In September, 2016, the Ohio Family Trust Company Act became effective allowing for both unlicensed and licensed family trust companies in Ohio. Ohio joins more than 15 states currently allowing family (private) trust companies. Some of these states include Florida,...read more