Why Should I Use a Family Office?

Why Should I Use a Family Office?

by Richard C. Wilson & Family Offices Group Association Team

Question: Why Should I Use a Family Office?

Answer:  There are many reasons why the ultra-high net worth are forming and joining family offices faster than ever before.   You may be wondering what are the core motivations of these ultra-wealthy individuals looking to start or join a family office.

Once you begin dealing with $10M, $100M, or $500M+ in assets, many issues which may sound small become very important to manage closely.  These issues include global taxation, risk management, and even things such as cash management.  Thus, family offices are a logical solution for families with wealth and responsibilities that need constant attention from qualified professionals under a single structure.

Download our free Family Office Report to learn more about the family office industry.

Read more Frequently Asked Family Office Questions.

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