| What is a Family Office |
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- An institution that undertakes a range of functions including investment management, wealth transfer (both succession and estate planning), philanthropy, tax, legal and administrative services.
- A model that is well established in developed markets where wealth has been nurtured across multiple generations. In India, many families today have a large pool of investible assets created from dividends, sale of a business or through family separation. In addition, there is a greater range of investment alternatives today. The combination of these two factors has highlighted the need for unbiased advice and professional stewardship of family wealth
- Enables higher level of ownership and stake in management of your family’s wealth as compared to Wealth Managers.
- Staffed by a team of high calibre investment professionals who seek the best investments whether sourced directly or through intermediaries such as wealth managers. Incentives are driven by investment performance and not by commissions on sale of products, thereby aligning with the interests of the family.
- Ensures investments are stewarded with the same rigor, expertise, management and monitoring that went into wealth creation.
- Enables families to focus on further developing operating business, or in enjoying the fruits of their labour
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Click here to see the full range of functions undertaken by a FO