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The Family Office: What to Keep Your Eye On

In: Wise Wealth

Author

Listed:
  • Joachim Schwass

    (IMD)

  • Håkan Hillerström
  • Holger Kück
  • Colleen Lief

    (IMD)

Abstract

Perhaps the number one responsibility of a family office is to create a comprehensive overall strategy that ensures family wealth and the ability to fulfill the SFO’s purpose for years to come. This is a considerable challenge and, like other issues highlighted in this book, it is murkier and more complex than it looks from the outside. The number one priority and key success factor is clarifying what the family really wants to accomplish and then aligning every other decision to accomplish that one overarching imperative. Although there are many choices, knowing which options are best for your family and family office is less straightforward.

Suggested Citation

  • Joachim Schwass & Håkan Hillerström & Holger Kück & Colleen Lief, 2011. "The Family Office: What to Keep Your Eye On," Palgrave Macmillan Books, in: Wise Wealth, chapter 6, pages 78-93, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29527-8_6
    DOI: 10.1057/9780230295278_6
    as

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