7 More Family Office Resources:

• Full-Service Broker Family Office Definition: Full-Service Broker Full-Service Broker definition:  A full-service broker offers more advice and planning for clients than a discount broker. In exchange, full-service brokers typically charge a higher commission. Download our free Family ...
• Registered Investment Advisor Family Office Definition: Registered Investment Advisor Registered Investment Advisor definition:  A Registered Investment Advisor (RIA) is regulated by the Investment Advisors Act of 1940. A Series 65 or 66 license (administered by Financial Industry ...
• Fee-Based Financial Advisor Family Office Definition: Fee-Based Financial Advisor Fee-Based Financial Advisor definition:  A fee-based financial advisor places trades on your behalf and offers financial advice to clients. Contrary to traditional brokers, fee-based advisors are not compensated ...
• What family office financial services are typically offered? Question: What family office financial services are typically offered? Answer: Family offices offer a range of services  to clients, not all of them financial, but financial services are perhaps the most important to clients.  Family ...
• Discretionary Account Family Office Definition: Discretionary Account Discretionary Account definition:  A discretionary account turns over all control and investment management decisions to the financial advisor rather than the client.  The financial advisor has fiduciary duty to ...
• Non-Discretionary Account Family Office Definition: Non-Discretionary Account Non-Discretionary Account definition:  A non-discretioary account retains control and decision-making with the client. The financial advisor may offer suggestions and input, but the client must make the final decision. Download ...
• Do Family Offices Offer Portfolio Management Services? Question: Do Family Offices Offer Portfolio Management Services? Answer:  Yes, many family offices offer portfolio management services to families. In fact, portfolio and investment management services are core to what a family office typically offers ...