Family Offices
An outsourced family CFO
The purpose of a family office is to organize and centralize the management of a family’s personal and business financial affairs, and to maintain the financial house in as good an order as that of a well-run public company. The origin of the family office concept came from extremely wealthy families, and the family office was often a separate entity, with employees ranging from a CEO or CFO to a chief investment officer, along with a staff of bookkeepers and personal assistants.
May 30, 2020
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