Essential questions to ask before starting a sole family office


Opening a Sole Family Office (SFO) seemed like the next logical step for a family after selling their family business. Peer families and trusted advisors suggested opening an SFO. They visited several SFOs and began building their team. However, rushing into that decision did not turn out well. Only later did they realize that they were not clear on why they really needed the SFO, and family members had different expectations of her capabilities. After some



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