Key Family Wealth (KFW), the family office arm of Key Private Bank, helps ultra-high net worth families grow and steward wealth across generations. KFW serves the needs of first-generation business owners with an enterprise value of $50-$200MM, working with more than 200 families and business owners across the country by helping them take a comprehensive approach to wealth management in any market environment. Our integrated client service model, fiduciary standard of care and 190-year legacy set us apart. Aligned with our commercial banking and investment banking capabilities, KFW addresses the complex issues of middle-market business owners who are planning for their first significant liquidity event. Our integrated suite of wealth and business advisory services delivered through a dedicated family office team guides the owner through the entire wealth creation and transition cycle.
Succession Planning Strategy
By 2030, roughly 250,000 U.S. companies between $5M-$100M will try to exit. Of these businesses, 30,000 will actually transact and only around 14,000 will sell at desired value. Key Family Wealth’s Business Advisory Services (BAS) unit has set out to ensure clients are “market ready” to transact at the right price, without leaving value on the table. Accessibility and cybersecurity enhancements made to the BAS unit over the past 18 months have allowed more clients to achieve successful transitions for their businesses and maximize value for three main reasons: 1. The scope and depth of advice provided to clients; 2.The team’s collaborative and strategic approach to building relationships; and 3.Technological enhancements.