Family Office Navigator

Most family offices cater to a myriad of needs for families to ensure that their houses are in order and that all aspects of their family enterprise ecosystems operate at their best. The most common services a family office provides are: investment and asset management, advisory on various matters related to the family, ownership, business and wealth, legal, tax, estate planning, accounting, education, real estate management, concierge services, governance support, philanthropic activities, administration, succession planning, and other personal services. No matter why or how the family office comes into existence, think of it as more than just a means to manage financial wealth. It can become a powerful platform to support the overall health and well-being of the whole family enterprise ecosystem. The type of family office or family office services that you and your family might consider is highly dependent on your personal and professional context. Family offices look very different depending on your overall level of wealth, family size and complexity, asset complexity, geographical hub, and desire or need for personalized services, among many other factors. Later in the book, we will dive deeper into each of these areas so that you can take qualified decisions about the family office services that are important for you, keeping in mind that most family offices rarely start out with the full spectrum of capabilities. They evolve over time, adjusting to the changing needs of the family.

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