IFOA has experience assisting all variations of Family Offices and UHNWI’s in China, Russia, the Middle East, USA, UK and Australia with allocation of their wealth management.
Family Office Options
Typically a family office is regarded as a Single Family Office when significant liquid assets result from wealth accumulation from various sources and the decision has been made to self-manage those assets.
The Single Family Office may still have operating businesses, property interests and alternative assets in addition to liquid funds. To justify the associated costs of employing in-house skills we estimate that a minimum amount of between USD $80m-$120m net is required.
We also see three other forms of family office emerging in the global market:
Commercial Family Office that one can approach to run all or some of these critical services.
Multi-Family Office, which is normally a large single family office offering all or some of these services to other smaller single family offices who may also have in-house investment funds.
Hybrid Family Office is usually an Entrepreneur who maintains a close watch on their accumulated wealth and outsources the implementation of these services.