“CFO” scales the concept of “family office” to make it accessible to a broader market of Central Pennsylvania affluent families and their businesses with comprehensive tax, trust, estate planning and asset management services
Trevor Hoffman, Brian Luster and David Sivel, CFP® have established Collective Family Office, LLC, a wealth advisory firm for affluent families within Central Pennsylvania. The co-founders formerly worked together at BNY Mellon in its Central Pennsylvania region: David Sivel as Senior Director/Team Leader managing the region; Brian Luster as Senior Wealth Manager; and Trevor Hoffman as Senior Director. CFO’s new offices are located at 235 Saint Charles Way, Suite 200, York, PA 17402.
David Sivel, CFP®, CEO and Managing Principal, said:
“Collective Family Office originated from a shared belief that affluent families want an experienced, dedicated team of professionals to guide them through complex financial and investment decisions, keeping their values and family mission in mind. We work with a smaller number of clients which allows for better relationships, enhances privacy, customization, and direct access to the local team.Super affluent families often create their own private team of professionals under the construct of a family office. This requires significant capital, often $300 million or more, to create efficiencies beyond what can be attained through conventional Wealth Management firms. By forming a collective platform and team, multiple families can share resources and replicate many of the benefits of a family office.”
Brian Luster, Chief Investment Officer and Principal, said:
“Why shouldn’t the mass affluent benefit from the same comprehensive advice available to the top one percent? Developing sound Wealth Management strategy takes a team of experts – investment managers, accountants, attorneys and business advisers – working in unison. Very few families, regardless of their net worth, have the time and skills necessary to properly coordinate these professionals. We integrate the advice from these specialists to optimize the family’s financial and intergenerational affairs.”
Trevor Hoffman, Chief Operating Officer and Principal, said:
“Our team is committed to the Central Pennsylvania region, both personally and professionally. We intimately understand that many Central PA families credit their good fortune to this region and are committed to giving back locally. So, serving our clients well will ultimately make our community the beneficiary for generations to come.”
About Collective Family Office, LLC
Collective Family Office, LLC was founded in 2019 in York, Pennsylvania and provides asset management, investment strategy, financial planning, risk management, legacy planning and next-generation education to affluent families throughout Central Pennsylvania.
Trevor Hoffman, Chief Operating Officer, Principal
Email: Info@CollectiveFO.com
Trevor’s Wealth Management experience includes over 15 years with BNY Mellon’s Central Pennsylvania Region, most recently as a Senior Director and Wealth Manager. He received both his BA and MBA from York College of Pennsylvania. He is a member of both the York and Lancaster Estate Planning Councils, a financial committee member of the York CountyEconomic Alliance and a Council Member and Investment Treasurer for the Zion Lutheran Church.
Brian Luster, Chief Investment Officer, Principal
Email: Info@CollectiveFO.com
Brian has 19 years of Wealth Management experience, having previously served as a Senior Wealth Manager for BNY Mellon Wealth Management in Central Pennsylvania; Founder and CEO of a boutique Multi-family Office in New York City; and as the Managing Member and Portfolio Manager of a long/short U.S. event-driven value-oriented hedge fund in New York. An avid thought leader, Brian has authored over 60 articles covering investing, tax, trust and estate planning, family governance and next-generation education, featured in such publications as Forbes, Barron’s, The Wall Street Journal, Private Asset Management Magazine, Family Office Elite and The Huffington Post. Brian is a member of the York County Estate Planning Council and serves as a board member of both the York JCC and The Campus of the Jewish Home of Greater Harrisburg.
David Sivel, CFP®, CEO, Managing Principal
Email: Info@CollectiveFO.com
David has 25 years of Wealth Management experience, having served as Senior Director of Central Pennsylvania and Baltimore, Maryland for BNY Mellon and Managing Director of Wealth and Institutional Services for Wilmington Trust. A graduate of Ohio University, David also holds a Certified Financial Planner designation from American College of Financial Planning. He is a member of the York and Lancaster Pennsylvania Estate Planning Councils, the G11 Council and the York County Community Foundation’s investment committee.
