Sustaining Family Wealth: The Impact of the Family Office on the Family Enterprise

Kirby Rosplock () and Dianne H. B. Welsh ()
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Kirby Rosplock: GenSpring Family Offices
Dianne H. B. Welsh: The University of North Carolina at Greensboro

Chapter Chapter 17 in Understanding Family Businesses, 2012, pp 289-312 from Springer

Abstract: Abstract While no one is sure of the precise origins of the family office, many experts agree that the first family offices resulted from large, European land-owning families who had sold their property and liquidated their assets (Hamilton 1997; Rankin 2004; Avery 2004). Avery indicates that the European family offices were embedded in the estate offices of French, British, and German nobility in the nineteenth century, and possibly earlier (Avery 2004). Even though the family office has been in existence in some form for at least two centuries, there is little academic research on the topic. The results of in-depth research have the potential to significantly impact both family businesses and family offices.

Keywords: Family Business; Entrepreneurial Orientation; Intellectual Capital; Social Entrepreneurship; Corporate Entrepreneurship (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-1-4614-0911-3_17

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DOI: 10.1007/978-1-4614-0911-3_17

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