Conflict-Free Advice
Personal Fiduciary Advisors, LLC (PFA) and its founder, Wallace (Wally) Head, serve a few wealthy families as a board or committee member of their private trust company or family office, and as a senior advisor regarding topics such as:
- Fiduciary services provided by their private trust company or a directed trustee alternative
- Structuring their family office and family investment program to achieve optimal results
- Family office services provided by their family office or outsourced providers of those services
PFA also advises wealthy families who are considering establishing a family office or private trust company.
Founded in 2010
Wally founded PFA in 2010, following a career that included senior-level positions with national accounting and investment management firms, co-owner and president of the Family Office Exchange, and CEO of the trust and investment management business unit of The Private Bank and Trust Company in Chicago.
When Wally joined Gresham Partners, LLC as vice chairman in 2012, PFA became a wholly owned subsidiary of Gresham. Wally reacquired PFA when he retired from Gresham at the end of 2021.
PFA and Wally do not provide legal, accounting or investment advisory services and PFA is not a registered investment adviser.
About
Over 40 Years of Relevant Experience
Relying on his background as an attorney and a CPA, Wally has advised families regarding all aspects of their wealth for over 40 years.
He has worked closely with family members and family office executives to develop, communicate and implement strategies that effectively managed family wealth and transferred it to future generations.
Throughout his career, Wally has held leadership positions in national accounting and financial services firms and non-profit organizations. He also has authored many articles and been a frequent speaker, panelist or moderator on a full range of wealth management topics.
Most recently, Wally moderated panels and breakout sessions for The Ultra High Net Worth Institute on topics that included:
- Delivering integrated wealth management services to UHNW families
- Preparing UHNW families and their family office staffs for a comprehensive IRS audit
Wally grew up on a farm, which he and his brother still operate and is owned by fourth and fifth generation family members. He received a B.A. degree from Westminster College, where he subsequently served as chair of its Board of Trustees, and M.B.A. and J.D. degrees from the University of Missouri.
Resources
The UHNW Institute
Wally is a founding board member, treasurer and chair of the finance and administration committee of The Ultra High Net Worth Institute.
This non-profit think tank produces and curates high-quality, unbiased information and educational programs for UHNW families and firms that are members of The Institute.
Other
Resources
Statements of Grantor Intent for Beneficiaries and Trustees
Here are Sample Statements of Grantor Intent and Introduction & Background documents that are included on the BeneficiaryThriving.com website. Comments about them are welcome.
BeneficiaryThriving.com – An Exciting New Open Architecture Website
This new website provides sample Statements of Grantor Intent and solicits input, case studies and relevant resources that can improve the health of trust ecosystems.
On Becoming an Excellent Trust Beneficiary
This paper defines the hallmarks of the excellent trust beneficiary and suggests one pathway for embarking on a personal journey toward excellence.
Contact
More Information
If you would like more information about PFA or to comment on any of the Resources, please provide your name, email address and a short message.