IQ-EQ

Single and multi-family offices that need to outsource operational infrastructure across multiple jurisdictions face a fragmented market: most providers specialise in one function or one geography. IQ-EQ positions itself as a single counterparty for the full range of back and middle office needs, covering fund administration, regulatory compliance, portfolio monitoring, trust and foundation administration, CFO support, and corporate governance across 25 jurisdictions. The private wealth division serves single family offices, multi-family offices, and ultra-high-net-worth individuals directly, with dedicated teams for the U.S. Domestic market, Europe, the Middle East, Asia, and Africa.

For a family office COO evaluating outsourced operations, the service map is notably wide:

• Entity governance and corporate administration across multiple holding structures
• Portfolio monitoring and consolidated reporting for multi-asset portfolios
• CFO and middle office support, including fractional cover and management company accounting
• Trust and foundation administration, including private trust company structuring
• Banking, treasury, and ESG reporting services
• Luxury asset administration and aviation SPV management

IQ-EQ is owned by Astorg, a pan-European private equity firm that acquired the business in 2016 and raised a dedicated continuation fund in 2022 to fund further growth. The firm reports $857 billion in assets under administration and has won the ‘Domestic U.S. Clients Team’ category at the Miami Family Wealth Report Awards in consecutive years. Senior teams are described as director-led, with each member carrying at least 20 years of experience. Pricing is not publicly disclosed, and the breadth of the offering means family offices with narrow, single-function needs may find the model oversized for their requirements.