Cendrowski Corporate Advisors provides Family Office back office support services that permit business owners to concentrate on their core operations, minimizing administrative costs and ensuring data integrity.
Transferring responsibility for these activities to a back-office support team prioritizes timely and accurate information, allowing Family Offices, including business owners and entrepreneurs, to:
- Focus on philanthropic efforts and company operations
- Assimilate all necessary information for company leaders, reducing the need to “chase information”
- Increase Family Office and business owner confidence in financial reporting and portfolio company valuation
- Streamline financial transactions and facilitate third-party control on the movement of funds
Back Office Support Services
Businesses and families call on Cendrowski Corporate Advisors for a wide range of back-office support services, including:
- Financial Reporting: Detailed financial reporting, including profit and loss statements, balance sheets, and tax returns
- General Accounting: Bookkeeping functions, posting journal entries, account reconciliations, preparation of financial statements, and management of operating cash
- Capital Accounting: Tracking cash flow, maintenance of investor accounts, and calculations and tracking of distributions
- Tax Strategy, Planning, and Preparation: Tax strategy and consulting, including IRC 1202/small business stock gain exclusion, and tax representation, when needed
- Business Valuation: ASC 820 compliant business valuations (formerly FAS 157) for tax strategy, sale, purchase, and other requirements
Talent Retention Strategies for Family Offices
Success in family office talent retention rests on three pillars: competitive compensation, positive workplace culture, and clear protocols for managing family dynamics. Watch to understand why your best executives aren’t just asking about salary – they’re asking how you handle family differences. #LIVideo #FamilyOffice #Advisor
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How to Manage Insider Threats Without Breaking Trust
The best defense against insider threats in your family office isn’t just protocols – it’s creating a culture of open communication and meaningful engagement. Watch to learn how to build trust while protecting your family’s interests. #LIVideo #FamilyOffice #Advisor
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Death of a Partner or Shareholder: Tax Implications and Planning Opportunities
This 110-minute CPE webinar, originally held on February 20, 2025, provides in-depth insights into the tax implications and planning strategies businesses must consider following the death of a partner or shareholder. Led by Walter M. McGrail, Managing Director at Cendrowski Corporate Advisors, the session covers essential topics such as transferring ownership interests, planning for tax-saving opportunities, […]
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