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ARTICLE · 16 JUNE 2016

How To Choose A Family Office?

FOSS Family Office Services Switzerland
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In this article we will discuss 5 major pitfalls to watch out for when moving from standard wealth management services (provided by a private bank) to dedicated family office services.

SwitzerlandWealth Management

In this article we will discuss 5 major pitfalls to watch out for when moving from standard wealth management services (provided by a private bank) to dedicated family office services.

According to recent market research, the number of billionaires and Ultra High Net Worth (UHNW) families around the globe continues to grow year after year. This development has clearly affected demand for wealth management services, and more and more families are now turning to family offices to manage their wealth. There are currently two types of family offices in existence:

  1. Single-family office (hereinafter referred to as "SFO"), which is a private company that manages investments and structures for a single family.

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