Superclusters - The Emerging LP Podcast
How to Start a Single Family Office | Scott Saslow | Superclusters | S5E1
Apr 21, 2025
Scott Saslow, founder and CEO of ONE WORLD and author of a pivotal guide for family office principals, dives into the intricacies of managing a family office. He emphasizes the importance of choosing the right financial advisors and shares insights on transitioning from family businesses to single family offices. Saslow discusses his personal investment choices, including passing on SpaceX, and his collaboration with Ulu Ventures, highlighting the significance of community in venture capital. Listeners will gain valuable strategies for long-term wealth management and effective family office structures.
48:11
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Family offices require active engagement and informed decision-making, as many fail to transition successfully between generations.
- Effective talent management is crucial in family offices to maintain legacy, emphasizing the need for skilled hires beyond just family members.
Deep dives
Challenges of Family Offices
Managing a family office presents significant challenges, with a substantial percentage failing to carry on successfully to the next generation. Statistics indicate that around 40% of family offices do not survive transitioning from one generation to another, underscoring the difficulties inherent in this model. The family office serves as a complex entity that requires diligent attention and management from family members. In this context, the conversation highlights the importance of remaining engaged and informed, essentially encouraging individuals to operate with 'eyes wide open' in navigating their family’s financial legacy.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
