Assessing Wealth Service Models for the Affluent Family

August 3, 2020

The complexities of wealth require thoughtful management. Selecting a wealth service model requires an intentional look at the benefits to the family as well as how family harmony may be affected.  The process may lead to the decision to establish a single-family office, join a multi-family office, or outsource certain activities to a financial institution such as a bank or brokerage firm.  

This white paper reviews the benefits and limitations of each service model and also identifies relevant matters to help families of significant wealth better discern what may be the right choice for their family.