About Maxwell

Maxwell Youngquist is RSM US LLP’s family office structuring and governance leader. He focuses on offering holistic services and solutions for family offices, covering complex tax compliance, structuring, and planning, as well as estate and gift, wealth transfer, and succession planning. He assists families in building governance and operational solutions.

Experience

At RSM, Maxwell is focused on helping family offices with tax structuring and restructuring, particularly around lender case structures. He also supports:

• Complex income and estate tax compliance and planning
• Family office operational process improvement
• Family business succession planning
• Design and creation of family offices
• Family education and governance

Maxwell has worn many hats over nearly two decades working in family offices and with high net worth families. Within family offices, Maxwell has:

• Handled family office financial reporting and budgeting
• Designed and led the tax compliance function
• Developed accounting processes and cash management internal controls
• Designed sophisticated Excel-based tax compliance and planning tools
• Developed internal training programs and best practices
• Developed family wealth education programs
• Led the development of governance policies and procedures
• Provided business strategy and investment acquisition tax advice

He has consulted with individual family members about their many personal financial matters and concierge needs, and supported their personal businesses and hobbies.

In Maxwell’s roles in public accounting, he has provided families with comprehensive support, including plans and strategies regarding:

• Wealth and cash flow
• Tax planning and compliance
• Design and implementation of tax departments and tax technology tools
• Philanthropic entities, trusts and giving programs

He also has presented on relevant legislative and judicial changes.

Professional affiliations and designations

• Certified public accountant, Illinois
• American Institute of Certified Public Accountants

Education

• Master of Accounting Science, taxation, University of Illinois at Urbana-Champaign
• Bachelor of Science, accounting, University of Illinois at Urbana-Champaign