Company Summary
Northwood Family Office is an independent, privately-owned family office which provides comprehensive Net Worth Management™ to successful families. We act as the personal CFO (Chief Financial Officer) for our clients, coordinating and managing the complexities of the family businesses, investments and broader family affairs.
Typical Northwood clients have family net worth in the $10-$500 million range.
Founded in 2003, by Chairman and CEO Tom McCullough and President Scott Hayman, Northwood has quickly become one of the leaders in its field and has been selected as ‘the #1 independent family office in Canada’ in Euromoney’s Global Private Banking survey.
Source: Northwood Family Office LP
Unique Value Proposition
Our unique Net Worth Management™ approach starts with an overall
view of a family’s wealth. Wealth is more than just investments.
It includes all assets and liabilities, such as family businesses, vacation homes, investment real estate, philanthropic funds and human capital.
At Northwood, we start with the premise that the management of net worth must be planned and managed on an integrated basis.
Just like a successful business brings together disciplines to work cooperatively (eg. sales and marketing, accounting, finance, operations, legal, etc.), families of substantial wealth must also take a coordinated approach to their affairs.
Many families have access to advisors in specific disciplines, such as tax, legal, insurance, and investments. However, there is often very little coordination among these professionals, often resulting in an unconnected mix of investments, strategies and services that may not meet their objectives.
Our role, as a family office, is to develop an integrated plan for family wealth, and then identify areas requiring specific expertise and attention. Typically, we work with our clients’ existing accountants and lawyers, especially where a trusted relationship has existed for years. If our clients don’t have a trusted advisor in a particular discipline, we will introduce them to professionals from our network of specialists, who we believe can best meet their needs.
Source: Northwood Family Office LP
AUM ($Bil)
6
Year Founded
2003
Key Personnel
Tom McCullough, Co-Founder, MBA, CIM, CSWP, CFBA, Chairman, CEO and CIO
Scott Hayman, Co-Founder, CPA, CA, CFP, TEP, President and Head of Client Service
Eric Weir, CFA, CFP, Vice President
Address
Northwood Family Office LP
3650 Victoria Park Avenue
Suite 200
Toronto, ON M2H 3P7