The family office is a dedicated solution for complex family asset management. It is a tool that helps families in the day-to-day management and long-term management of family affairs and strategies. Family wealth is a very specific and complex kind of wealth in terms of management.  You can also know more about family offices in the US via

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This applies not only to the business itself, but also to managing liquidity metrics, investing in stock portfolios, investing in private capital,  debt structures, and even privately used assets. 

There are many reasons why families should consider starting a family office:

The most important reason is that it is personal. Family offices are custom built and – unlike other service providers – only work for one client, the family.

It is also applied for confidentiality. Family offices support families to keep all private data in a safe place and only accessible to a limited number of people. Therefore, the family office can function as a guardian and protector of family privacy.

Prosperity is the third reason. Since family wealth is distributed among many family members of different ages with different needs, there will always be a balance between the accumulation of wealth on the one hand and the financial needs of family members on the other.

Eternity is also another reason. Family wealth usually has a specific purpose. The family office can help families to set clear family goals and thereby support them in creating an intergenerational legacy.