Scorecard - New - Destiny Family Office

Step 1 of 14

We seek to deliver unique value and “single-family” level services to all our Family Office clients. Recognizing that no two situations are alike, our proprietary Scorecard will help you evaluate and “score” where you are across twelve criteria, focusing on your current situation, challenges, and opportunities, and gauging where you ideally want to be.

Your submitted Scorecard will be reviewed by a Destiny Family Office team member who will then follow up with you to gain deeper insight into your purpose, goals and aspirations. Together with you, the appropriateness of next steps can be considered.

Your investment of 10-minutes to complete the Scorecard will provide you with insights into your situation that may well be profound.

Please evaluate yourself candidly, entering the number most closely aligned with your current thinking, situation and objectives.

Full Name*

First

Phone

Email*

Referred by? (if applicable)

Investment Strategy & Implementation

Enter the number that best represents where you currently see yourself.

pg1 Numbers*

I do not have a well-thoughtout investment plan. There is no specific plan to measure allocation, risk and performance.

I have one or several advisors who manage my investments and have a process of tracking all together but there is no strategic plan.

I have one or more trusted advisors who coordinate investments, but I do not have an investment policy statement, coordinated rebalancing or alternative asset oversight and coordination.

I have one trusted advisor (not necessarily my only investment advisor) with complete oversight of my investment policy statement, asset allocation plan, alternative asset class oversight and allocation/ rebalancing oversight.

Investment Choice

Enter the number that best represents where you currently see yourself.

pg2 Numbers*

I haphazardly make investment choices whether public or private investments. I go with gut instincts or recommendations from my friends, family or colleagues.

I rely on one or several investment advisors to make my investment choices but oversight lacks desire.

I have a process for traditional asset selection but do not have the resources to properly evaluate all asset classes.

I have the resources to properly evaluate not only traditional investments but also non-traditional, private equity, alternative and nonpublic investment alternatives.

Tax Services

Enter the number that best represents where you currently see yourself.

pg3 Numbers*

I have been with the same CPA for many years and though there is no specialized services provided nor coordination with my team, I have just never been compelled to change.

I have an accounting firm I am comfortable are on top of things but they do not participate in the coordination of all of my financial affairs.

I have a top-tiered accounting firm with known specialization in my field.

I have a tax firm with specialization in my area of need. These professionals coordinate all my needs with my team of advisors so that everyone is on the same page.

Integrated Financial Strategies

Enter the number that best represents where you currently see yourself.

pg4 Numbers*

I do not have a team leader, there is no coordination of services for my benefit nor communication between advisors.

I have a trusted advisor but not one coordinating all of my efforts.

I have a great team but there are no systematic team meetings.

My team leader coordinates at least two meetings per year for me with all my advisors to brainstorm planning needs for me and my family.

Client Information Management

Enter the number that best represents where you currently see yourself.

pg5 Numbers*

I receive reporting from my team of advisors when requested.

I have systematic but not coordinated reporting.

I have systematized reporting of all of my assets.

I have systematized reporting provided by all my customized advisors, conveniently stored and readily accessible to me.

Wealth Transfer Planning

Enter the number that best represents where you currently see yourself.

pg6 Numbers*

I do not have legal documents drafted or they are old, not up to date and not consistent with my current goals.

I have legal documents drafted but am not confident they properly convey my intentions.

I have legal documents conveying my needs but I am not completely confident all my intentions are being handled in the most efficient manner.

I have a well-thought-out and executed estate plan that I, my family and my team completely understand.

Trusteeship Services

Enter the number that best represents where you currently see yourself.

pg7 Numbers*

I have not named trustees, they are out of date, or they are not qualified to carry out my wishes.

I have trustees named but don’t have confidence they are the best to carry out my wishes.

I have a trusted trustee named but handling these needs may be beyond their expertise.

I have chosen a trustee for my estate I am confident has the capabilities to carry out my wishes, has a relationship with my family and fully understands our situation.

Liability Management

Enter the number that best represents where you currently see yourself.

pg8 Numbers*

I have purchased various insurance policies at various times through various providers but there is no consolidated plan or tracking.

I do not know where I stand regarding liability management.

I have a dedicated agent and feel my needs have been properly met.

I have undergone a systematized process to evaluate and adjust all my liability needs. These are also tracked in an orderly fashion.

Lifestyle Enhancements

Enter the number that best represents where you currently see yourself.

pg9 Numbers*

I prefer to do everything myself though I realize this is not the best use of my time.

I have most of my lifestyle needs taken care of but in an uncoordinated effort.

My lifestyle needs are taken care of, but I believe more of this could be efficiently delegated.

I have a directory service designed to make life simpler by providing access to individuals and companies who can take time-consuming, non-productive (for me) work off my hands.

Family Continuity

Enter the number that best represents where you currently see yourself.

pg10 Numbers*

My family is unaware of my overall situation.

My family is aware of my situation but not in a coordinated effort.

My family is aware and involved in our family continuity plan.

I have a family governance plan which includes family meetings, education, coaching and mentoring.

Family Philanthropy

Enter the number that best represents where you currently see yourself.

pg11 Numbers*

I am not philanthropic, or I make miscellaneous charitable donations with no set, established plan.

I make donations to a set group of beneficiaries.

I have a coordinated effort toward my planned giving.

I have a private foundation in place to adhere to my long-term, multi-generational objectives.

Simplicity and Peace of Mind

Enter the number that best represents where you currently see yourself.

pg12 Numbers*

I always have too much on my plate, my overall financial situation is confusing, and I have no peace of mind. My company requires my attention at all times.

I have a lot going on but manage to handle all of it, however I would like to reduce my stress, delegate, and enjoy my life more. I need to make changes or adjustments to my executive team.

I have a strong executive team in place but still lack the structure either within my business or personally to fully delegate items, get nonessential items off my plate and reduce my stress.

I have the confidence in my overall situation which provides me with the peace of mind to focus on my own unique abilities and not have to worry about everything else. I have a selfmanaging company.

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Destiny Family Office Scorecard

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