All About Family Office Advisor

The family office is a complex organization that requires in-depth knowledge – not just investment variables. Many other factors, such as fiduciary duties and these variables, can change from family to family. Many of these services can also depend on the needs of each family. You can also look for the best family offices advisors in Switzerland through various websites.

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If a family is consolidating their business, moving their independent assets and business, and taking the first steps towards comprehensive professional asset management, it is advisable to hire a family advisor instead of setting up their own family office. 

Family office advisors is a unique advisor and commercial banking resource for single and multi-family offices, holding companies, wealthy individuals, and related private real estate. With extensive private equity, venture capital, management, strategy, operations, and corporate development, Family Office Advisors has unique experience in offering tailor-made solutions to start, expand, provision, and enhance its clients' direct investment portfolios. 

Through the nexus of strategic relationships, Family office advisors help their clients to spend in small and medium-sized private companies in sectors with great experience in their fields. Family office advisors do not give proprietary investment products nor are investment directors, avoiding disputes of interest and empowering client goals. 

This "family office advisor", which offers full family office services, acts as your "mini single family office" – for the first few years, as long as the family believes it is time to get a fully functional office for a family. 

Why Set Up A Family Office?

Family wealth is a very specific and complex form of wealth in terms of governance. This applies not only to the business itself, but also to the management of liquidity metrics, private equity investments, portfolio equity investments, debt structures, and even personally used assets.

Therefore, it requires a very specific approach. A family office is a tool specifically designed to support families. You can also look for the best family service in Switzerland through various websites.

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Here are some reasons why families should consider setting up a family office:

The most important reason is that it is personal. Family offices are custom made and – unlike other service providers – only work for one customer, the family.

It is also used for confidentiality. Family offices allow families to keep all personal data in a safe place and only accessible to a limited number of people. Therefore, the family office can serve as a guardian and protector of family privacy.

Prosperity is the third reason. Since family wealth is distributed among several family members of different generations with different needs, it will always be necessary to reconcile the accumulation of wealth on the one hand and the financial needs of family members on the other.

Eternity is the other reason why families should consider family office. Family wealth usually has a specific purpose. The family office can help families set clear family goals and thereby support them in creating a legacy from different generations.