‶So often a client comes to us because their previous advisor said there’s no solution to their issue. So when we present a solution, they’ll say, ‘Why didn’t anyone else come up with this?’ Truthfully, advisors are trained to be reactive, not proactive. Whereas most family office folks are sort of passively waiting for a client to say, ‘Hey, I need help,’ we’re thinking about our clients all the time, coming up with ideas. It’s how we’re wired. So we’ll reach out to them long before there’s a problem, and say, ‘Hey, what do you think of this?’ We’re already out in front of it.″
– Phil Tortorich, Founder | TORCH LAW
Though family is a complex proposition regardless of the size of an estate, an ultra high net worth family with multiple assets and interests often in multiple countries is exponentially complex requiring a far greater level of financial sophistication and experience. That’s TORCH.
We work with single and multi-families to provide integrated business and personal trust, taxation, and succession counsel and administration. This holistic approach allows us to spot inconsistencies and incongruities that would otherwise be missed. In addition, it results in financial efficiencies.
As in all practice areas, our goal is simply whatever is best for you, your family, and your family business, today and tomorrow. We’ll exhaust all options to get you there.
How do we help our Family Office Services & Advisory clients?
We’ll let one of them tell you.
‶Phil is simply an amazing estate planner. One of the best. He’s fantastic. We’re financial advisors. We work with ultra high net worth clients and we bring our clients to Phil for tax mitigation, estate planning, and income tax planning. Our work is complex and very sophisticated, not cookie cutter. And he knows this space from soup to nuts, inside and out.
Phil can go from an idea to a plan of execution very quickly and he has the experience to back it up. He’s great at that. It’s easy to him. He connects the dots super quickly and determines what the best structure would be. He can analyze it all very quickly. And he has everything in his head – all the details – at any given time. He remembers things very, very well.
We work directly with Phil and pass him along to all of our clients because he’s not your standard boring attorney persona where the approach is based on billing so they always want to put in more hours. Phil’s approach is very different. He will always make himself available, he is super honest, very direct, works from the heart, always does what’s in the best interest of the client.
And he’s very easy to get along with, our clients really like him. They trust Phil. He’s very authentic. Phil is always Phil! And our clients appreciate that. Oftentimes people feel they need to act a certain way in front of people of substantial wealth, but he doesn’t operate that way. He’s transparent, personal and trustworthy. And very, very creative. And Phil is certainly not boring! He makes things more enjoyable. We adore him. He’s like family, and our clients come to feel that way, too.″
– JM
