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Family Offices Are Not Just For The Super Rich

Family Offices Are Not Just For The Super Rich

Family offices are usually small companies which are intentionally created for affluent families or the super-rich to oversee the family’s fortunes similar to the Rockefellers.  There will be an appointed staff with suitable skills who will be keen enough to...

Leaving A Legacy Through Family Office

Facts about family business succession planning In an article published in the entrepreneurship section of Forbes, it stated that in the United States, over 50% of GNP was generated by family businesses. It also mentioned that less than 33% of these businesses have...
The Multi-Family Office

The Multi-Family Office

In a previous article, we’ve discussed the single family office. In this article, we will look at the multi-family office. The single, most basic definition of a multi-family office is that it manages the wealth of several families. Such an organization would take on...
Definition of a Single Family Office

Definition of a Single Family Office

So what is a family office? The term “family office” sells easily because it appeals directly to its target clientele – wealthy families who need someone else to do the planning for them. As a business, it extends to the usual functions of day-to-day administration...