Informationen zum Autor RICHARD C. WILSON works with single and multi-family offices and the ultra-wealthy on a daily basis. Richard's team at the G.T.C. Institute, LLC operates the 40,000 member Family Offices Group association, a newsletter called Family Office Monthly , and the Qualified Family Office Professional (QFOP) training program. Richard also has a team that is laser-focused on connecting family offices to best-of-breed fund managers. Richard is a global speaker on family offices having spoken at and chaired more than 50 industry conferences and summits in Zurich, Monaco, Singapore, Moscow, New York, Liechtenstein, Sao Paulo, Tokyo, and the Cayman Islands. Klappentext The family office industry can seem secretive and confusing, even for those on the inside. The Family Office Book remedies this, giving you an in-depth look at the companies that manage the wealth of the ultra-affluent. Exploring why these companies exist, how they operate, and how they manage capital, this book is essential reading for family office professionals, as well as the high-net-worth individuals and fund managers who employ them. Containing interviews and firsthand accounts from some of the most successful industry veterans, the book explores the ways in which top family offices have found success, including their cash management techniques, portfolio allocations, and much more. Packed with invaluable insights of interest to both new and established family office practitioners, the book walks you through the most important issues involved in building and maintaining a successful office--from how to effectively market your business to potential clients to what the future holds for the family office industry. In addition, it also contains essential information for ultra-affluent individuals and fund managers. Filled with the knowledge investors need to better understand the nature of the companies they are entrusting their money to, the book provides dedicated coverage of how to select a family office that fits your own distinct needs. More than just a helpful book, The Family Office Book is a full multimedia package, providing readers with exclusive access to downloadable interviews, instructional videos, and family office conference presentations for a truly immersive experience. Comprehensive and accessible, it contains everything anyone working for or with a family office needs to know about this industry. Zusammenfassung Key strategies for running a family office for fund managers Understanding the basics of the family office industry is essential if you want to succeed in establishing a successful fund for a wealthy family. That's where The Family Office Book comes in. Inhaltsverzeichnis Introduction xi Part One Family Office Fundamentals 1 Chapter 1 The Family Office Industry 3 What Is a Family Office? 3 The Family Office Universe 5 The History of Family Offices 6 State of the Family Office Industry 9 Who Uses a Single or Multi-Family Office? 10 Why Family Offices? 12 More Money, More Problems 13 Family Office Industry Conferences 13 Conclusion 14 Chapter 2 Family Office Services 15 Ultra-Affluent Clients Have Different Needs 15 Family Office Services 17 Additional Benefits and Life Management Services as a Competitive Advantage 17 Single versus Multi-Family Office Services 19 Differences in Global Family Office Service Offerings 20 Conclusion 21 Chapter 3 Family Office Operations 23 Outsourced Model 23 Family Office Team Members 25 Family Office Investment Committees 27 Board of Advisors 27 Family Office Governance 27 Individual Family Governance 28 From CPA to Family Office CEO 29 Family Office Service Providers 31 Deve...

Autorentext

RICHARD C. WILSON works with single and multi-family offices and the ultra-wealthy on a daily basis. Richard's team at the G.T.C. Institute, LLC operates the 40,000 member Family Offices Group association, a newsletter called Family Office Monthly, and the Qualified Family Office Professional (QFOP) training program. Richard also has a team that is laser-focused on connecting family offices to best-of-breed fund managers. Richard is a global speaker on family offices having spoken at and chaired more than 50 industry conferences and summits in Zurich, Monaco, Singapore, Moscow, New York, Liechtenstein, Sao Paulo, Tokyo, and the Cayman Islands.

Klappentext

The family office industry can seem secretive and confusing, even for those on the inside. The Family Office Book remedies this, giving you an in-depth look at the companies that manage the wealth of the ultra-affluent. Exploring why these companies exist, how they operate, and how they manage capital, this book is essential reading for family office professionals, as well as the high-net-worth individuals and fund managers who employ them. Containing interviews and firsthand accounts from some of the most successful industry veterans, the book explores the ways in which top family offices have found success, including their cash management techniques, portfolio allocations, and much more. Packed with invaluable insights of interest to both new and established family office practitioners, the book walks you through the most important issues involved in building and maintaining a successful office--from how to effectively market your business to potential clients to what the future holds for the family office industry. In addition, it also contains essential information for ultra-affluent individuals and fund managers. Filled with the knowledge investors need to better understand the nature of the companies they are entrusting their money to, the book provides dedicated coverage of how to select a family office that fits your own distinct needs. More than just a helpful book, The Family Office Book is a full multimedia package, providing readers with exclusive access to downloadable interviews, instructional videos, and family office conference presentations for a truly immersive experience. Comprehensive and accessible, it contains everything anyone working for or with a family office needs to know about this industry.

Zusammenfassung
Key strategies for running a family office for fund managers Understanding the basics of the family office industry is essential if you want to succeed in establishing a successful fund for a wealthy family. That's where The Family Office Book comes in.

Inhalt

Introduction xi

Part One Family Office Fundamentals 1

Chapter 1 The Family Office Industry 3

What Is a Family Office? 3

The Family Office Universe 5

The History of Family Offices 6

State of the Family Office Industry 9

Who Uses a Single or Multi-Family Office? 10

Why Family Offices? 12

More Money, More Problems 13

Family Office Industry Conferences 13

Conclusion 14

Chapter 2 Family Office Services 15

Ultra-Affluent Clients Have Different Needs 15

Family Office Services 17

Additional Benefits and Life Management Services as a Competitive Advantage 17

Single versus Multi-Family Office Services 19

Differences in Global Family Office Service Offerings 20

Conclusion 21

Chapter 3 Family Office Operations 23

Outsourced Model 23

Family Office Team Members 25

Family Office Investment Committees 27

Board of Advisors 27

Family Office Governance 27

Individual Family Governance 28

From CPA to Family Office CEO 29

Family Office Service Providers 31

Developing a Well-Oiled Family Office Machine 32

Implementing Processes, Procedures, and Systems in Your Family Office 32

Conclusion 32

Chapter 4 The Ultra-Affluent's Guide to Selecting a Family Office 33

Starting a Single Family Office versus Joining a Multi-Family Office 33

Objective Family Office Selection Advice 34

What Do You Want? 34

Character Judgments 35

Seven Critical Family Office Questions to Ask 36

Family Office Veteran Quotes on How to Select a Family Office 37

Family Office One-Pager Eval…