JDJ Family Office Services has become the second group to spin off from Rothstein Kass, following in the footsteps of the former family office principals at Rothstein Kass, who left a fortnight ago to create Flynn Family Partners.

JDJ Family Office Services has become the second group to spin off from Rothstein Kass, following in the footsteps of former family office principals at Rothstein Kass who left a fortnight ago to create Flynn Family Office.

Boston, MA-based JDJ Family Office Services will keep its 21-strong team, offering administrative multi-family office and personal chief financial officer services to high net worth individuals and families.

Both spin-offs come shortly after the acquisition of Rothstein Kass by accountancy firm KPMG, which was set to keep most of the former’s principals and employees (see more here).

JDJ Family Office Services joined Rothstein Kass in 2012 after its foundation in 2001. The team helped increase Rothstein Kass’ Boston office client base by 13 per cent and gross revenue by 33 per cent last year.

"We believe the family office industry is in a growth stage and this provides us the perfect opportunity to expand on the service model we created at JDJ and enhance the customized service solutions we offer to our clients and their advisors," JDJ Family Office Services partner James Kittler said about the firm’s independence.

JDJ provides personal accounting and net worth reporting, budgeting and cash-flow planning, balance sheet Management, bill paying, trust and estate administration, tax planning and preparation assistance, risk management and lifestyle management.