ABOUT
goldrock
TRUSTED BY FAMILIES
Goldrock is the trusted adviser to high net worth families from around the world. We support client families in the management of all their financial affairs and investments.
Goldrock provides family office services that meet the unique demands of multi-generational families with significant wealth, giving both clear investment advice and guidance on a host of financial issues. We aim to make each family feel as though they were our only client.
Our team comes from a wide variety of professional backgrounds and countries. They bring together deep expertise and knowhow from across a range of disciplines in pursuit of a common goal, serving the best interests of our client families.
Management of significant wealth is a multi-generational endeavor requiring prudence and patience. We construct diversified, risk-appropriate investment portfolios with a focus on wealth preservation and the thoughtful, long-term growth of the family’s asset base. Key to this is our proactive approach in sourcing, reviewing and tracking investment managers.
THE
GOLDROCK
LEADERSHIP
DANIEL GOLDMAN
Partner
Over 20 years’ experience in family office management, private equity and investment banking
Founded Goldrock in 1999 to answer the needs of his family
Advises families on core objectives and values, generational transfer and best practice
Has been a non-exec director of many public and private companies, often as lead investor. In addition, active for over 20 years with multiple NGO’s as chairman and founder. He also writes regularly for the Israeli press about Israel and Israeli society
Lives in Beit Shemesh with Debralee, their five kids and Archie
DARREN ROCKMAN
Partner
- Joined Goldrock in 2001
- Over 20 years’ experience in family office management, consulting and investment management
- Advises a range of families and is general manager of the firm
- Holds Bachelors’ Degrees in both Law and in Economics from Monash University, Australia
- Born and bred in Melbourne. Proud husband of Yael and father of four fantastic children. Avid tennis player, gardener and reader of history
DAVID RAM
Partner
Joined Goldrock in 2008
More than 20 years’ experience in family office management, venture capital and management consulting
Heads Goldrock’s investment and platform committees, and advises a number of families
Holds B.S. in Finance from Yeshiva University
Currently an active board member at Ogen, Israel’s leading social finance organization
Originally from Atlanta, David has been living in Israel since 1998 and enjoys spending time with his wife Rochelle and 3 children
Our
Values
Integrity Is Non-Negotiable
Clients Are Our Most Valued Asset
Trust Is Earned Every Day
There Is No Monopoly On Wisdom
Excited To Excel
WHAT
We do
Each individual and each family is unique. Each has its own wants, needs, constraints and risk tolerance. Many also have operating businesses or legacy assets. That’s why, as the first step in any relationship, we build a unique Investment Policy Statement for the family. We review that target model on a regular basis in line with changing markets, opportunities and threats and evolving family circumstances. Sometimes, there are family entities and foundations with an overlay of unique requirements or constraints for which we will make necessary adaptations.
From this basis we begin the work of portfolio construction. First, we review the family’s existing portfolio. And to the extent that it aint broke, we don’t fix it. But inevitably there are necessary changes, sometimes at the margins but often fundamental. We go about making those changes, guiding the portfolio over time towards the family’s target allocation. In doing so we use our deep bench of approved passive instruments, third party funds and account managers to construct a diversified portfolio.
The implementation of portfolios is done through third party instruments – passive and active funds and managers. We believe that our time is best used in making top-level allocation decisions and conducting rigorous diligence on managers, rather than picking individual stocks or bonds.
We source broadly from around the world, talking to other professional family offices, existing management teams and our clients. We look for excellence. Due diligence looks at quality of management teams, their business model and internal dynamics, strategy risks and rewards, external factors, constraints and liquidity. Opportunities are vetted by multiple team members, with the aim of creating constructive tension as we try identify weaknesses in the business proposition. We monitor management team performance, both those in which we have invested and many we have not. And we watch changing macro trends and consider likely impact on a given manager’s strategy over the investment period.
Tax, Estate and Trust Planning
Tax, Estate and Trust Planning
Our client families live globally and invest globally. Goldrock is built to support them. We coordinate a range of complex international tax matters. We work alongside tax professionals to deliver comprehensive estate planning solutions that meet the needs of all family members and accounts for their unique asset base.
Our client service team helps with a range of client needs covering insurance, supplier fee negotiations, bank account openings and support in regulatory filings. From time to time we are asked to help with special requests – clients like to challenge us, we like to deliver.
High net worth families often face the challenge of complexity: How can I to get a clear understanding of a diverse portfolio when it is spread throughout the world? How can I risk manage my holdings when they are held in different banks and institutions?
Using state of the art technology tools, Goldrock provides families a 360-degree view of their financial lives. We consolidate data from banks, funds and businesses around the world to give clients a timely single report that explains their financial lives. Access to information is timely and online, using our Goldrock+ Portal.
Using this information, we are able to conduct in-depth analysis of client family portfolios, which form the basis for ongoing investment decision making.
Goldrock’s administration capabilities support clients and makes their lives simpler. From capital call management through bill pay to philanthropy support, we are built to give peace of mind to our clients. Goldrock strives to be highly responsive to client requirements.
We provide support to tax professionals, helping to source relevant data for them, and oversee cash accounts.
Since 2020, Goldrock has produced Definitely Uncertain, The Private Wealth Podcast. The podcast helps to unravel the many uncertainties facing high net worth families. Episodes cover a wide range of relevant topics – investment strategies, macro trends, banking, philanthropy
In this episode of the …
Join us on Episode 119 …
