Family office services are especially in demand at a time when the transfer of business or capital to the next generations is being prepared or when owners are moving from active business development to the stage of passive investment income.
Specialized family offices usually work with several dozen families, business owners, top managers of large companies or successful athletes, celebrities, etc. This model helps to reduce costs for clients while maintaining the necessary level of personal communication and professionalism of the team.
The family office is analogous to a family doctor in financial, legal and tax matters. The family office sees the complete financial picture and manages all projects in the complex. The size of the family office allows him to work with the best banks and consultants on special terms not available to individual clients.