Fiduciary Family Office Eyes Acquiring Other Female-Led Firms

Tom Burroughes

3 December 2025

A two-year-old wealth management house, Fiduciary Family Office, intends to become a larger player in the field of female-led firms, also tapping into the multi-trillion-dollar opportunity from affluent US women.

The organization was incorporated in May 2023 and since that time, Kathleen Grace has been its chief executive, having left her previous employer, Goldman Sachs, to start the business. She’s accumulated three decades of experience in the financial industry, including working at Merrill Lynch Private Client Group, Citigroup, RSM McGladrey, and the Chicago Board of Trade. Her colleagues at the firm include Tabitha LeTourneau Meyerer, chief operating officer, and Shelby Tatz, director of family office services.

“Over the next few years, we are actively seeking to acquire female-led RIA firms,” Grace told Family Wealth Report in an interview.

“With US women projected to control more than $30 trillion by 2030, many affluent women are reevaluating how they manage and preserve their wealth,” Grace said. “Rather than turning to traditional advisory channels, a growing number are seeking family offices – drawn to integrated, values-driven solutions that balance financial stewardship with legacy, philanthropy, and purpose,” she said.

A generational shift is part of this trend. According to FINTRX, a US-based family office and RIA database: “As a significant portion of today’s advisor workforce approaches retirement, a new generation is stepping forward – and women are increasingly at the forefront.” It cited industry data showing that women make up nearly 30 per cent of the financial advisory workforce, and that number continues to rise.

The female-led approach is only one part of how Grace wants the firm, headquartered in Boca Raton, Florida, to stand apart. She also elaborated on her approach to topics such as wealth transfer, financial planning and investment.

“Wealth transfer and succession planning are not typically predicated upon current market activity. Most clients are thinking of current and future cash flow needs to maintain their lifestyle and concurrently considering any potential life changes,” she said. “Most are focused on utilizing and maximizing current exemption amounts after considering the aforementioned ,” she said.

FWR asked how the firm helps families with liquidity planning and whether it finds that families under-estimate what they might need,

“Life happens. Some things cannot be planned for. However, a realistic cash flow projection, and having an additional cushion for the unexpected, is always a prudent approach. Particularly in the high net worth and ultra-HNW segment, we say budgets are like diets: no one ever sticks to it. There is no stereotype that is 'better’ with budgeting. It is typically more so related to the personality of each individual.”

Preventing wealth decay
Grace noted figures showing that 70 per cent of wealthy families lose wealth in the second generation and 90 per cent lose it in the third, and that 30 per cent of family businesses last to the second generation, and only 12 per cent endure until the third.

“Upon first meeting a family, we seek to understand what is most important to them, not just around their wealth, but more so discussions around what they want the money to accomplish for them, their family members, as well as their family legacy,” she said.

Families like to discuss their values with the firm, such as inculcating financial discipline among younger family members, she noted. “The overarching concern is teaching G2/G3 the importance of delaying gratification in order to make better financial decisions and/or be in a better financial position in the future,” she said.