The Family Office: What to Keep Your Eye On
Joachim Schwass,
Håkan Hillerström,
Holger Kück and
Colleen Lief
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Joachim Schwass: IMD
Colleen Lief: IMD
Chapter 6 in Wise Wealth, 2011, pp 78-93 from Palgrave Macmillan
Abstract:
Abstract Perhaps the number one responsibility of a family office is to create a comprehensive overall strategy that ensures family wealth and the ability to fulfill the SFO’s purpose for years to come. This is a considerable challenge and, like other issues highlighted in this book, it is murkier and more complex than it looks from the outside. The number one priority and key success factor is clarifying what the family really wants to accomplish and then aligning every other decision to accomplish that one overarching imperative. Although there are many choices, knowing which options are best for your family and family office is less straightforward.
Keywords: Venture Capital; Family Business; Hedge Fund; Private Equity; Government Bond (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29527-8_6
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DOI: 10.1057/9780230295278_6
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