The transfer of family wealth to subsequent generations and their integration into the family structure, the dynamic investment environment and a steady expansion of regulatory restrictions lead to an increased complexity for wealthy families.
Managing these complexities, including the inherent risks and challenges, has become an issue of supreme importance, exceeding the capabilities of most families.
A Family Office can help wealthy families to steer through these issues by acting as an independent, yet critical advisor and the family’s key coordinator and one-stop shop for all kinds of questions, without assuming the unrealistic pretence of providing all the services on its own.