The Cost of Complexity: Understanding Family Office Costs

The cost of the family office is an important aspect in the long term sustainability of wealth, although it’s not always well understood by family members. This webinar makes a compelling case for more effective communication about costs and provides office executives and family members with data and case studies to support conversations about value and efficiency. What impacts cost and how can you raise awareness? Listen in as our speakers reveal the complexity of cost, cost drivers and highlight 2010 office cost data. We will shed some light on effective communication strategies and tools to use with families and clients. The speakers will examine one case study that emphasizes the importance of collaboration in the evolution of services and requirements. They will then explore a second case study that underscores the importance of re-evaluating the wealth structure, weighing its costs and benefits, and making changes as necessary.