Tool 9 of 14

The Private Office authority matrix

One page that says exactly who does what.

The scenario

Meet the Hartleys (fictional)

Margaret was widowed eight months ago. The family business was sold in 2024, leaving about $82m across eight structures: five companies, a family trust, a unit trust and a super fund. Her private bank wants the portfolio reinvested within 60 days, and she does not know who now holds the family trust’s appointor role.

  • MargaretAge 58

    Widowed eight months ago (Richard). Sole director of all five companies.

  • JamesAge 31

    Commercial lawyer, married to Priya, one child.

  • SophieAge 27

    Ceramic artist, irregular income.

  • TomAge 19

    Engineering student.

  • Family Trust discretionary
  • Investment Trust $38m
  • Property company $14m
  • Distributions company $6m
  • Super Fund (SMSF) $7m
  • Held personally $17m
  • About $82m · eight structures

The Private Office authority matrix

What it is

What it is

A short written agreement, signed when a Private Office is set up and widened only when the family decides. It makes the chief-of-staff role concrete: we collect, reconcile, prepare and remind; the family approves, instructs and decides. We never make payments or transfers, and we do not recommend products.

What the family gets
  • Every activity, with our role and the family’s side by side
  • Payment instructions prepared by us, approved and executed by the family
  • Read-only access, and a document vault the family owns
  • Nothing widened without the family’s written agreement
Step by step

How it works

  1. List

    Every activity the office will touch.

  2. Assign

    Our role and the family’s, line by line.

  3. Sign

    The family and Confiance sign and date it.

  4. Review

    Widened only when the family decides.

Illustrative sample

A worked example, using the Hartley family

Margaret’s Private Office: who does what

Illustrative sample
ActivityConfianceMargaret
Collect statements and documentsDoes (read-only access)Provides access
Reconcile and reportDoes, monthlyReviews
Prepare payment instructionsPreparesApproves and executes
Make payments or transfersNeverDoes
Investment decisionsPrepares questions and briefsDecides, with her licensed adviser
Compliance calendarRuns and remindsSigns, or instructs the accountant

Every payment instruction is verified by phone before Margaret executes it.

The Hartley family is fictional and all figures are illustrative. This material is general information only and is not personal financial, tax or legal advice.

Where it’s used

See it

WEALTH PICTURE

Not used at this stage.

Solve it

STAND-ALONE SERVICES

Not used at this stage.

Run it

PRIVATE OFFICE

Signed at set-up; reviewed whenever the office’s role changes.