TFOA is built on a high level of trust that has developed within the group since our founding in 2007. Members adhere to a strict code of conduct around privacy and confidentiality. Over time, this has allowed us to develop strong bonds of friendship and trust. Our core membership principles are as follows.
WHEREAS, TFOA is an association of wealthy families and professionals serving such families as family office professionals; and
WHEREAS, family office management involves serving as advisors, counselors, and consultants to wealthy clients with respect to their business, legal, financial, and personal interests and holdings; and
WHEREAS, the purpose of TFOA is to serve as a resource to its members providing information and support through regular and special meetings and networking opportunities to address issues of particular interest to wealthy families and family office professionals;
NOW, in consideration of the benefits of membership and participation in TFOA, the Members agree to abide by the following guidelines, principles, and conditions:
1. Trust: TFOA operates on an honor system. Members expect the highest level of integrity and respectful of each other’s privacy. TFOA produces a Membership Directory containing information provided by its members. All information contained in the roster is solely for the use of TFOA members and cannot be copied, reproduced, distributed, or otherwise disseminated in any other manner to any other individual, organization or industry service providers.
2. Confidentiality: TFOA facilitates the free exchange of information based on open communication and trust among its Members to serve their respective families. Each Member will hold in strict confidence information about, and shared by, other Members.
3. Professionalism: Members shall always conduct themselves in a professional manner and shall represent TFOA and its Members as such. Each Member and its representative(s) shall abstain from participating in any TFOA or TFOA Forums discussion, meeting or activity which would constitute a conflict of interest or appear as a conflict of interest for the Member.
4. Cooperation: The open communication that is essential to TFOA’s family office community depends on cooperative, supportive, and trusted relationships among Members. If a competitive situation should arise, Members will handle it professionally, offering disclosures and abstentions as appropriate.
5. Non-Solicitation: Members shall not solicit the clients or staff of other Members nor shall they use TFOA for the purpose of promoting specific products or services from which they derive financial benefit. In the case of co-investment opportunities, any financial interest in a deal must be clearly disclosed in every communication as it pertains to that opportunity.
The value of our community is the network, and our network survives on trust. We look forward to continuing to grow our membership and evolve our programming in a way that remains true to our core principles and adds value to our single family office members.
