Culture is a hot topic. It was the Merriam-Webster “Word of the Year” in 2014 and it’s particularly critical in family offices.
From governance concerns to family office costs, this report is designed to help family office executives and board members evaluate the office’s performance relative to 116 family office peers.
Developing great family leaders is a process, not an event. Leadership success is often measured by knowledge, skills and abilities coming together at critical times.
The vast majority of the wealthy actually come from middle-class or working-class backgrounds.
Compensation cost is a significant expense for family offices, accounting for approximately 60% of a family office budget.