Helping Your Clients Evaluate a Multi-Family Office

Just a couple of decades ago a fortune of $50 million was more than sufficient to justify directly employing a staff of accountants and investment managers to keep track of the family finances, including the holdings of various trusts and foundations. Today, the “break even” point is closer to $250 million and climbing. Hence, many former single-family offices have grown into multi-family offices (“MFOs”). Contracting for a “share” of the staff at an established MFO often can securely provide access to talent, processes, intellectual capital and systems that would not otherwise be affordable.This white paper looks at the questions families need to consider when choosing to join an MFO.