The Complete Family Office Handbook: A Guide for Affluent Families and the Advisors Who Serve Them

1. Auflage 2014
ISBN: 978-1-118-36730-8
Verlag: BLOOMBERG PR

Buch, Englisch, 432 Seiten, Format (B × H): 156 mm x 236 mm, Gewicht: 707 g

Reihe: Bloomberg Professional

Everything you need to know for successful wealth management for families

Although the family office concept is not new, it is a phenomenon that is changing the wealth management landscape. With celebrities and business moguls, investment gurus and family business icons establishing private wealth management advisory firms, more and more individuals are asking what exactly is a family office and how does it operate? Family offices either serve one family exclusively or typically manage the wealth of a number of affluent families. If you're like most families and advisors, you're familiar with family offices, but may not know exactly how they work or why the family office is right for you or your clients. Dr. Kirby Rosplock, an expert on the family office concept, provides insights to some of the most common questions and even misperceptions in this handbook.

The Complete Family Office Handbook explains how family offices operate, who should consider forming or joining one, and how to craft and set up a structure, purpose and vision for the office that fully serves a family's particular needs and investment goals. Whether you're a wealth creator, a member of a wealthy family considering forming or joining a family office, or a professional contemplating a career in this growing segment of the wealth management industry, this comprehensive guide provides insights to some of the most common questions and misperceptions.

Autoren/Hrsg.

Rosplock, Kirby

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Foreword xvii

Preface xix

Acknowledgments xxiii

Chapter 1: Introduction to the Family Office 1

Chapter 2: Inception of the Family Office: Pathways to a Family Office 25

Chapter 3: Family Wealth Needs: Determining Your Family Office Solution and Services 41

Chapter 4: Family Values, Mission, and Vision and the Family Office 69

Chapter 5: Establishing and Structuring of Family Offices 89

Chapter 6: Advising Families: Developing a Family Office Baseline 119

Chapter 7: Legal and Compliance Standards and Practices for Family Offices 141

Chapter 8: Investment Management and the Family Office 171

Chapter 9: Operations and Information Technology in the Family Office 205

Chapter 10: Talent Management in the Family Office 233

Chapter 11: Governance Issues for the Family Office 257

Chapter 12: Preparing Succeeding Generations: Family Education in the Family Office 279

Chapter 13: Family Entrepreneurship and the Family Bank 305

Chapter 14: Legacy and Philanthropy in the Family Office 333

Chapter 15: Globalization of the Family Office: International Families and Family Offices 357

About the Author 387

About the Contributors 389

Index 393

Über Autor(innen)

Kirby Rosplock, PhD, is a recognized researcher, innovator, advisor, author, and speaker in the family office space. She understands firsthand the opportunities and challenges of family wealth as a fourth generation family business owner, board member, and co-trustee of her family's foundation. For nearly a decade, Dr. Rosplock was director of research & development at GenSpring Family Offices, one of the most prominent multi-family offices in the U.S. This book shares the insights and best practices she has gained through engaging more than 60 family office experts, professionals and families with family offices around the globe into this comprehensive handbook. For additional information, visit www.Rosplock.net.