Personal CFO Services
Personal CFO services help high-income individuals and families see cash, commitments and ownership interests together. MFS connects personal and entity financial information so you can understand expected obligations, account transfers and the records needed for tax coordination.
What your financial oversight summary can contain
The engagement defines the accounts, entities, records and review schedule. Depending on that scope, a consolidated summary can bring together the following information without treating personal and entity funds as interchangeable.
- Financial summaries for the agreed personal accounts and entity interests
- Expected bills, debt payments, tax payments and other documented obligations
- Cash available compared with expected commitments and income timing
- Owner contributions, distributions and transfers, identified by account and entity
- Open record requests and tax information to coordinate with your existing advisors
Cash-flow visibility and planning decisions
Review income timing, recurring spending, tax payments and larger commitments together. The aim is to understand funding requirements before a payment or deadline arrives. Reporting depends on the completeness and timing of information supplied by you and your other advisors.
A coordinated financial file
MFS can organize the accounting and tax information needed for discussions with your existing legal, financial and other professional advisors. This engagement focuses on financial administration, reporting and coordination; it does not include investment management or legal advice.
Financial administration and financial oversight
Financial administration keeps the agreed records and recurring financial tasks organized. Personal CFO oversight uses those records to review cash requirements, upcoming obligations and questions requiring coordination. Property-level accounting remains a separate real estate service; budgets and management analysis for an operating business belong in Fractional CFO support.
How a Personal CFO engagement begins
Start with a discussion of your accounts, entities, existing advisors and the decisions you need to make. We review the available records, identify any accounting cleanup needed and agree the reporting scope, responsibilities and review schedule before work begins.
Discuss Your Personal Financial Oversight to agree priorities, records and the scope of an engagement.
Frequently Asked Questions
Who is Personal CFO support for?
It is for individuals and families whose income, properties, business interests and recurring commitments require coordinated financial oversight beyond a single annual tax return.
How does Personal CFO support differ from Fractional CFO services?
Personal CFO work centers on the individual or family and the connection between personal and entity finances. Fractional CFO work centers on an operating business, its budget, forecasts, management reporting and business decisions.
Will MFS manage my investments?
This Personal CFO service covers financial records, cash-flow visibility, reporting and coordination. Investment selection, portfolio management and legal advice are outside this service.
Can you work with my current accountant or advisors?
We discuss the existing team at the outset and agree how information will be shared with your authorization. The engagement defines who maintains the records, prepares filings and provides each type of advice.