Family Office Value, Cost, and Complexity Factors
Overview
You know your office provides tremendous value, but do you know how to explain it to your clients? Our new FOX proprietary study will help you more meaningfully articulate the office’s value by aligning it with what your family leaders value. We’ll discuss how to message around your costs and complexity factors in relation to delivering services. And we’ll share the data we’ve collected about the average time allocated to key services by office type, and how fees are typically charged by office type.
Insights and Key Takeaways
FOX recently conducted a research project to study how family offices explain their value to clients, as well as to look at the complexity and cost allocation of family offices. The study participants included:
The four key topics of the study included:
- The value proposition
- The scope of services
- Complexity factors driving cost
- Fee allocation methodologies