The Family Office Sherpa

Family Office Use of Professional Services Firms (Big 4, Mid Tier & Local Specialists)

9 snips
Dec 15, 2024
Discover the intricate relationship family offices have with Big 4 accounting firms, mid-tier players, and local specialists. Tune in to explore how these firms provide tailored advisory solutions for the unique challenges family offices face. Learn why aligning expertise to specific needs is crucial during major transitions. This engaging discussion sheds light on the strategic importance of professional services in navigating the complexities of wealth management. Ideal for anyone involved in or curious about family office dynamics!
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ADVICE

Matching Complexity and Seeking Advice

  • Match the complexity of your needs with the firm's expertise.
  • Don't be afraid to seek external advice for sophisticated matters.
ADVICE

Seeking Advocacy

  • Seek an advocate within the firm who understands your needs.
  • They should navigate the firm's resources and connect you with specialists.
ADVICE

Choosing Experienced Firms

  • Choose firms that understand family office needs and share their experience.
  • Avoid those who seem more interested in developing products from your needs.
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