One of the biggest concerns among family offices surveyed in the Family Wealth Alliance’s Fall Forum 2012: Report on the Fifth Annual Single-Family Office Study (Single-Family Office Study) in October 2012 was sustainability of the family office, with a strong emphasis on expenses outpacing asset growth.1 Margins are demonstrably tightening, and family offices are looking at ways not only to save man-hours, but also to focus on the core skills that allow them to provide ...
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