WHY NOT A FINANICAL PLANNER OR ACCOUNTANT?

What are the common triggers for starting a Family Office?

They are:

ensuring that wealth is transferred to future generations

preserving family wealth

consolidating assets

dealing with a sudden influx of liquidity

solving family conflicts; and increasing wealth management efficiency.

Family offices have also gained prominence because of wealth-holding families’ desire for greater control over their investments and fiduciary affairs, as well as lifestyle management.

Investment Mandate

Timeframe for investment decisions:

Short term = 20 years

Medium term = 50 years

Long term = 100 years

Consider dividend levels and pay out ratios

Acquisition and management of private assets