FFO

FFO, LLC is a New York multi-family office that runs the financial administration side of wealthy clients' lives: accounting and reporting, tax, wealth and transfer planning, and business management. It works with high-net-worth and ultra-high-net-worth entrepreneurs, executives, entertainers, athletes and inheritors, and it acts as the hub coordinating a client’s investment managers and other advisers. The reviewed service materials do not establish a discretionary investment-management mandate.

The firm's founding partners, Rick Flynn and Evan Jehle, built a multi-family office practice inside the accounting firm Rothstein Kass starting in 2001. When KPMG acquired Rothstein Kass in 2014, they spun the practice out as Flynn Family Office, which began operating on 1 June 2014 with backing from Focus Financial Partners, Reuters reported at the time. FFO says the team has served clients since 2002, and it still lists Focus Financial Partners as a partner since 2014.

What FFO does

• Accounting and financial reporting: balance sheets, general ledger reports, bill pay and expense reporting, full-service bookkeeping, cash flow and lifestyle planning, budgets, debt management and custom reports.
• Tax: federal, state and local income tax compliance, IRS audit defence, payroll, excise and sales tax, estate and gift tax administration, and planning on domicile, entity structuring, family limited partnerships and family foundations.
• Wealth planning: estate and trust planning, document summaries, intra-family loans, prenuptial and divorce support, and trustee services including trust administration and individual trustee services.
• Business services: partnership accounting, entity administration, buy-sell and succession planning, M&A coordination, payroll and vendor management.
• Lifestyle and risk: insurance oversight, property, aircraft, yacht and collectibles management, private banking and mortgage coordination, and private foundation and donor-advised fund administration.

FFO marks many of the insurance, property, philanthropy and trustee items as delivered through vendors or partners, with additional fees possible. Its partner list includes Critical Path Advisors for HR consulting, Critical Path Security for cybersecurity, InAssist for medical plan management, the Law Offices of Joseph A. Broyles for tax audit litigation, Regal Credit Management, and Ross Bennet Smith as its UK counterpart for international clients.

For family offices

FFO's process starts by mapping a client's full picture of assets, obligations, entities and relationships, then building the systems, controls and reporting around it. From there it serves as the central point for the client's accountants, attorneys, investment managers and insurers, and adjusts the structure through liquidity events, new ventures and family changes. That makes it a fit for families who want an outsourced finance and administration office rather than a single-family office of their own.

Considerations and fit

FFO publishes one Manhattan contact office; that does not mean every professional is based there. Public fees, client numbers and assets under administration were not established in the reviewed service pages. Families wanting investment management under the same roof might compare it with Focus Partners or Mercer Advisors, while business-management peers include Singer Burke and PARR/3.

The partner footnotes change the service scope

The current tax page marks offshore trust/transnational planning as a vendor/partner service with additional fees possible. Its wealth-planning page applies the same footnote to prenuptial/postnuptial/divorce facilitation, trust administration/reporting, investment/beneficiary education and trustee/protector selection or training. Individual trustee services are listed separately without that marker. A family should identify the actual provider, authority, agreement and incremental fee for each service instead of assuming every item is an in-house entitlement.

From initial mapping to day-to-day controls

FFO’s process begins with a full picture of assets, obligations, relationships, entities and priorities, then builds systems, controls and reporting and coordinates the client’s advisers. That is particularly relevant after a liquidity event, new business or family transition. Before handing over operational work, agree the entities/accounts in scope, report cadence, bill-payment approval thresholds, segregation of duties, data access and escalation arrangements. Those are procurement/control questions; the reviewed pages do not publish a universal approval matrix, security certification or service-level guarantee.

People, history and what scale is not disclosed

The current roster confirms Rick Flynn, Evan Jehle, Amy Schwartz, Bruce Levine and Brennan Reilly in the retained leadership/specialist roles. Amy’s own company biography dates FFO’s inception to June 2014; the current Origin Story describes the partners’ earlier Rothstein Kass practice from 2001, while the homepage says the team began serving clients in 2002. These are different historical milestones, not interchangeable founding dates. The partner page currently identifies Focus Financial Partners as a partner since 2014; it does not establish a current ownership percentage. No client count or current assets-under-administration figure was established.

Frequently asked questions

What does FFO do?

FFO, LLC is a New York multi-family office that provides accounting and reporting, tax, wealth and transfer planning, and business management for high-net-worth and ultra-high-net-worth individuals and families.

How did FFO start?

Its founders built a multi-family office practice inside Rothstein Kass from 2001. When KPMG acquired Rothstein Kass in 2014, they launched it as the independent Flynn Family Office, backed by Focus Financial Partners.

Does FFO manage investments?

FFO does not describe itself as an investment manager. It coordinates the client's investment managers, attorneys, insurers and other advisers, and provides or coordinates accounting, tax and planning. Its service pages identify specific vendor/partner-delivered work for which additional fees may apply; confirm delivery responsibilities in the engagement.

Are all FFO services delivered in-house?

No. The reviewed tax and wealth-planning pages mark specific services as vendor/partner delivered and say additional fees may apply, including offshore/transnational planning and several trust, education and family-transition services. Confirm the provider and charges in the engagement.

Sources and review date

Sources reviewed 3 November 2026: Source 1; Source 2; Source 3; Source 4; Source 5; Source 6; Source 7; Source 8.

• Map assets, obligations, entities and relationships
• Run bookkeeping, bill pay and financial reporting
• Prepare and plan federal, state and local taxes
• Plan estates, trusts and generational transfers
• Manage business entities, payroll and vendors
• Coordinate the client's outside advisers

• Hub model coordinating all outside advisers
• Full-service bookkeeping and bill pay
• Customized financial reports and budgets
• IRS audit defence and multi-state tax compliance
• Estate, gift and trust administration
• Partnership accounting and entity administration
• Aircraft, yacht, property and collectibles oversight
• Private foundation and donor-advised fund administration
• UK counterpart for international clients

Built for Private Wealth Owners / Principals.

Yes

Published office: 545 5th Avenue, Suite 1103, New York, NY 10017. Phone: (212) 202-3230. Multidisciplinary account, tax and planning teams coordinate external advisers; contractual response/reporting standards were not established.

Map assets, obligations, entities, relationships and priorities; establish systems, controls and reporting; coordinate outside advisers and adapt through liquidity, business and family changes. Agree roles, approvals, reporting and scope in writing.