THE FAMILY OFFICE STRUCTURE
Traditionally families build a network of
professionals, centres of influence, to support
them as needs arise. This structure presents
potential dangers to a family as recommendations
may be made in a vacuum and ignore other areas
of planning, or it may rely on the family to
relay messages from one professional to another.
In this situation, highly technical solutions
may inadvertently be miscommunicated. By using a
team structure that fosters communication among
team members, planning will become more
coordinated, efficient, and cost-effective.
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