Who We Are? The Values Based Family Office for
Lugen Family Office is an independent, privately-owned family office which provides successful business families access to a unique network of strategic partners. We act as the Consigliere for our clients, coordinating and managing the complexities of the family businesses, investments, and broader family affairs.
Lugen Family Office serves as the single point of contact for our clients, thereby acting as a family concierge service on any issue related to their affairs.
Our relationship managers are hands-on with each family and business so that we ‘get things done’. With strong emphasis on building a long-lasting relationship with each of our client families, we believe regular, ongoing communication is essential. And throughout the entire process, Lugen Family Office maintains absolute confidentiality with respect to our clients and their private information.
Lugen Family Office, and our Strategic Network, typically represent clients with a family net worth ranging from $10 million to a Billion dollars plus.
Founded by our CEO Enzo Calamo, Lugen Family Office has quickly become a global leader in the virtual multi-family office industry.
Our Unique Process…
Shaping wealth for generations involves a unique approach and a different way of thinking.
We always begin with an investment of time with each client, their family, and their trusted network, to gain a complete understanding of each client’s needs and objectives.
When a consensus has been reached on the most important priorities of the family and the business, then an agreed upon timeline for implementation is established between Lugen Family Office, our strategic network, and you. This enables Lugen Family Office, and our strategic network, to provide exceptional service, build productive relationships among team members, and keep focused on your long term vision. All of these factors contribute to the process of successfully shaping wealth. Our four step process is described below!
Discovery: Identify and think about the problem
The first phase begins by identifying vision and goals. This is called the Discovery phase and this is where we identify your vision, mission, values, and goals to gain clarity around the current planning gaps.
Creative Solutions: Think about the solution
The second phase is the Creative Solutions phase. In this phase we collaborate and discuss solutions with our strategic network on how to close the planning gaps that have been identified.
Strategy Deployment: Implement the solution
The third phase is the Strategy Deployment phase. In this phase we implement the solutions specifically designed to close any gaps to accomplish your goals. The appropriate Lugen Family Office strategic network member, based on your approval, will be engaged to accomplish each necessary step.
Results Management: Manage the results
The final phase is the Results Management phase. In this phase, the objective is to have a plan in place to manage and sustain the desired results while providing you with the confidence and peace of mind that your legacy plan will work over time.
Lugen Family Office is your strategic partner in bringing together world class experts, tacticians, and strategists, along with other appropriate resources, to inspire you to live your life with passion, productivity, profitability, and purpose.
Lugen Family Office’s Core Values
Independent and Objective Advice
As an independent family office, Lugen Family Office is free to look objectively at the best options for our clients. Our recommendations are based on unbiased analysis of opportunities, risks, and each individual’s circumstances.
Because we have no proprietary products of our own to promote, we are free to put forward the most appropriate solutions.
Unlike many of our peers, we are free to work with our clients’ existing advisers and investment managers. As a consequence, we can provide guidance and recommendations on wealth structuring, risk management, and alternative investment strategies regardless of where your assets are managed.
Personal Commitment to Each Project
The real value of Lugen Family Office lies in our personal service. Our clients receive individual time and attention from specialists and experts across a range of fields.
Our emphasis is helping you achieve your dreams and goals by prioritizing each relevant next step. We treat every project as if it was our own. As we are helping you build a dynasty, we only work with a highly respected and sustainable strategic network.
Strong Family Values
Our Family Office logo stands for “significance, unity, and integrity.” We believe these core elements are necessary for sustaining a family over centuries, even as the nature of a family or business may change.
Being a family business ourselves, we understand the sensitivities that surround family businesses, family governance and succession planning.
We know the key issues that need to be addressed so we collaborate with you to plan for future generations.
Enhanced Intellectual Capital Through Collaboration
Each of our clients has access to the unique knowledge and experience of Lugen Family Office’s Inner Circle where appropriate. This includes real estate professionals, senior investment bankers, tax lawyers, and some of the world’s most sought-after family business specialists.
Meticulous attention to detail and intellectual prowess is hallmark of Lugen Family Office. We always look for customized solutions to your particular needs.
The Legacy Pyramid…
The foundation of our wealth pyramid is “Financial Independence”. This is how much money you need for your own peace of mind so that you, and your loved ones, can do whatever you want, whenever you want, however you want, while living your dreams and fulfilling your life purpose.
“Family Legacy”, the second level, is what you want to do for your family, or loved ones, while you are alive and through your estate.
The top level is your “Social Capital Legacy”, what you want to do for others in order to make the world a better place.
Therefore, it is critical to put first things first. By understanding your values and your dreams, we help you design your life so that Financial Independence is achievable. Then the question becomes how do you want to allocate your remaining resources, while you are alive and at death, between enhancing family lifestyle, protecting your family’s future, and helping others. By collaborating with Lugen Family Office, you now have a consigliere to guide you through these important life issues in a respectful and trustworthy manner.
Our collaboration ONLY begins when we are formally invited into a person’s life. Therefore, don’t wait! Contact us today.
What is the Seven Generation Legacy Process?
In today’s society, it is common to think that estate planning, or succession planning, are the best way to protect your financial wealth for future generations. However, as Thich Nhat Hanh reminds us:
“If you look deeply into the palm of your hand, you will see your parents and all generations of your ancestors. All of them are alive in this moment. Each is present in your body. You are the continuation of each of these people.”
With the Seven Generation Legacy Process, our goal is to help you take a long term perspective of at least 200 years. Obviously, the chance of you, or any of your immediate family members, surviving this full cycle are slim. Consequently, this forces our clients to plant the seeds for success and significance today for future generations.
The best way to visualize the Seven Generation Planning Process is as follows…
1) Respecting Traditions
Keep alive the memories and stories of past generations, along with the important values and traditions that you and your family are currently following, in a respectful manner.
2) Utilizing, Documenting, and
Preserving Best Practices
Every member of your family has unique abilities and gifts that contribute to your family and business success. It is important that you develop a process to properly utilize, capture, and preserve those gifts for current and future generations. It is folly to presume that your family, or business, will have these strengths easily available within future generations.
3) Finding Common Ground
In order to effectively strengthen your current family, and keep future generations unified, it is critical to find a common mission that everyone is willing to support. Becoming a significant inter-generational family dynasty requires a higher purpose that all family members are willing to work towards.
4) The Whole is Greater than the Sum of its Parts
Too often families and businesses confuse material success with true wealth. Just because one particular family member earns more money or accumulates substantially more material wealth than other family members, it is important to remember that material wealth cannot be taken with you once you pass on. True wealth involves creating a pooled resource for the family, also known as the family’s culture, that captures each family member’s unique abilities, the various family life stories, intellectual capital, financial capital, experiential capital, relationship capital, and spiritual capital.
5) Life is the Ultimate Gift
Unfortunately one of the biggest tragedies of our time is that human life is being devalued in relationship to material wealth. In reality, you are already a multi-trillionaire, at least in the living cells that create your body. It is important to remember that your treasure is meant to support your time and talent so you can fulfill your life purpose. Unfortunately, too many individuals and families have fallen into the trap of using their time and talents to solely accumulate worldly treasures.
6) Focus on the value of the Legacy you will leave behind versus the value of what you own
Whether or not a family member focuses on their legacy is irrelevant since everyone leaves behind a legacy. How do you want to be remembered by your loved ones, your community, and future generations? Live each day as if it were your last, doing the things that will make a difference, since one day you will be right!
7) Make a Choice and move Onward and Upward
Seize the day! Live with passion. Make each decision count regardless of the outcome. Every second that ticks by in your life is a second that will never return and has been spent forever. Make a difference in the world each day and fulfill your life purpose by sharing your gifts with others.