Complete Family Office Handbook - A Guide for Affluent Familes and the Advisors Who Serve Them, 2nd Edition: A Guide for Affluent Families and the Advisors Who Serve Them 2nd Edition

"Designed to prepare family members to collectively manage, sustain, and grow their wealth across multiple generations, family offices can aid families in managing their tax, fiduciary, and compliance needs; assist in investment management, risk management, estate planning, and trust administration; provide support for philanthropic activities; conduct financial education programs for family members; and support family governance and wealth transfer and create continuity, cohesion, and purpose for families around their wealth. Those who may be familiar with the concept of the family office may not know how to identify whether it is right for their families or client families. This book will demystify the concept of the family office, clarify who should consider joining a multi-family office or starting their own single-family office; explain what services may be rendered by the office and what the expense to the family may be. This new edition will have updated data and new case studies/examples"--
Discover new insights on how to setup, manage, and advise wealthy families and their family offices The Complete Family Office: A Guide for Affluent Families and the Advisors Who Serve Them, 2nd Edition represents the newest update to an essential series. This book prepares the members of wealthy families to collectively manage, sustain, and grow their wealth across multiple generations. It also assists professionals who advise families to better serve their needs. This book teaches those who advise family offices and wealthy families on: · How to setup, structure, and advise a family office · Current compliance, fiduciary and risk management practices for a family office · Forward-thinking investment management, estate planning, and private trust company considerations · Fresh insights on philanthropy, legacy, and impact investing · Best practices to managing family wealth education and preparing next generation owners · New insights on family governance, strategic planning, and succession · Methods to create a family constitution, mission, and vision for families and their family offices. The Complete Family Office Handbook provides the most comprehensive, current research, practical guidance, and approaches from leading family offices from around the globe and illustrates, by way of practical case studies and examples, how families can effectively manage their wealth for the long term.