Tuschl Family OfficeA HIGHER STANDARD

Governance

Order is a form of care

Strong structure protects people, relationships and the mission.

Principles

How we are governed

Private family control

The family sets purpose, risk appetite and priorities. Advisers and service providers advise and serve. They do not govern.

Responsible delegation

Authority is given deliberately, in proportion, and with oversight retained.

Safekeeping discipline

Safekeeping is treated as a first-order concern, with controls designed to avoid single points of failure.

Confidentiality

Information is shared on a need-to-know basis and protected by policy, technology and discretion.

Investment oversight

Decisions follow a defined process of review, challenge and record-keeping.

Ethical stewardship

Counsel, compliance and conscience stand behind every commitment.

Legal Status

Single-family office status

Tuschl Family Office is a private single-family office. It invests family capital exclusively and does not solicit or accept third-party capital.

The Office and its relevant family-owned entities qualify as accredited investors or professional clients, as applicable, and operate under the following exclusions and exemptions:

  • United States: Exclusion under the SEC Family Office Rule, 17 CFR § 275.202(a)(11)(G)-1; accredited-investor status under 17 CFR § 230.501(a)(12) and (a)(13). Activities remain subject to 17 CFR § 240.10b-5 and 18 U.S.C. § 1343.
  • Tennessee: Accredited-investor status under Tenn. Code Ann. § 48-1-102(1); investment-adviser exclusions under Tenn. Code Ann. § 48-1-102(13) and Tennessee Securities Rule 0780-04-03-.05. Activities remain subject to Tenn. Code Ann. § 48-1-121.
  • Florida: Accredited-investor status under Fla. Stat. § 517.021(1); family-office transaction exemption under Fla. Stat. § 517.061(9)(i). Activities remain subject to Fla. Stat. § 517.301.
  • Singapore: Accredited-investor status under the Securities and Futures Act 2001, § 4A(1)(a); single-family-office exemption under paragraph 5(1)(ba) of the Second Schedule to the Securities and Futures (Licensing and Conduct of Business) Regulations. Activities remain subject to Penal Code 1871, §§ 420 and 477A.
  • Switzerland: Family-ties exclusion under Financial Institutions Act, Art. 2(2)(a) and Financial Institutions Ordinance, Art. 4; professional-client classification under Financial Services Act, Art. 4(3)(g) and (i). Activities remain subject to Swiss Criminal Code, Art. 146.
  • British Virgin Islands: Proprietary and intra-family exclusions under the Securities and Investment Business Act, 2010, §§ 3–4 and Schedule 2; professional-investor treatment under SIBA § 40(1) and Mutual Funds Regulations, Regulation 5, where applicable. Activities remain subject to BVI Criminal Code, §§ 231 and 236, and the Proceeds of Criminal Conduct Act, 1997.

All activities remain subject to applicable anti-fraud and criminal statutes in each jurisdiction. Nothing on this website constitutes an offer or solicitation of third-party capital.

Reference

Legal Classification

United States — Federal

  • 17 CFR § 275.202(a)(11)(G)-1(SEC Family Office Rule exclusion from the investment-adviser definition)
  • 17 CFR § 230.501(a)(12) and (a)(13)(accredited-investor qualification for eligible family offices and family clients)
  • 17 CFR § 240.10b-5(securities anti-fraud)
  • 18 U.S.C. § 1343(wire fraud)

Tennessee

  • Tenn. Code Ann. § 48-1-102(1)(accredited-investor definition incorporating SEC Regulation D)
  • Tenn. Code Ann. § 48-1-102(13)(investment-adviser definition and exclusions)
  • Tennessee Securities Rule 0780-04-03-.05(investment-adviser registration exemptions)
  • Tenn. Code Ann. § 48-1-121(securities-related fraudulent acts and deceptive practices)

Florida

  • Fla. Stat. § 517.021(1)(accredited-investor definition)
  • Fla. Stat. § 517.061(9)(i)(securities transaction exemption for qualifying family offices)
  • Fla. Stat. § 517.301(securities fraud, material misrepresentation, and concealment)

Singapore

  • Securities and Futures Act 2001, § 4A(1)(a)(accredited-investor definition)
  • Securities and Futures (Licensing and Conduct of Business) Regulations, Second Schedule, paragraph 5(1)(ba)(single-family-office licensing exemption)
  • Penal Code 1871, § 420(cheating and dishonest inducement of property)
  • Penal Code 1871, § 477A(falsification of accounts)

Switzerland

  • Financial Institutions Act (FinIA), Art. 2(2)(a)(exclusion for management of assets exclusively for persons with qualifying family or business ties)
  • Financial Institutions Ordinance (FinIO), Art. 4(family-ties requirements)
  • Financial Services Act (FinSA), Art. 4(3)(g) and (i)(professional-client categories)
  • Swiss Criminal Code, Art. 146(fraud)

British Virgin Islands

  • Securities and Investment Business Act, 2010 (SIBA), §§ 3–4 and Schedule 2(investment-business scope and exclusions applicable to proprietary family capital and intra-family activity)
  • SIBA § 40(1) and Mutual Funds Regulations, Regulation 5(professional-investor qualification, where applicable)
  • BVI Criminal Code, § 231(obtaining property by deception)
  • BVI Criminal Code, § 236(false accounting)
  • Proceeds of Criminal Conduct Act, 1997
Not publishedGoverning documents, authorization structures, signatory arrangements and control details are confidential and are intentionally not described here.
Put GOD in charge of your work, then what you’ve planned will take place.Proverbs 16:3 · MSG