Major Domus Family Office Case Study
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Produced by: Marc Geary July 2016 >>> >>> >>> Mainstream Family Office Definitions (Family Lens) Provides family office services to more than one family group. Similar services to that of a single-family office, but one advantage of which is that there is no need to set up a separate family office infrastructure, making the entry level to such an office substantially lower, around the USD$25 million to $50 million range. Serves a specific family group, with a general threshold, generally speaking, of USD$100 million or more investable assets. Has started to be offered at the USD$10 million level and above. What is meant by ‘virtual’ is essentially a website- based network set up exclusively for the management, governance, and communication needs of family wealth. Single Family Office Multi- Family Office Virtual Family Office vs vs
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Transcript of Major Domus Family Office Case Study
Produced by: Marc GearyJuly 2016
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Mainstream Family Office Definitions (Family Lens)
Provides family office services to more than one family group. Similar services to that of a single-family office, but one advantage of which is that there is no need to set up a separate family office infrastructure, making the entry level to such an office substantially lower, around the USD$25 million to $50 million range.
Serves a specific family group, with a general threshold, generally speaking, of USD$100 million or more investable assets.
Has started to be offered at the USD$10 million level and above. What is meant by ‘virtual’ is essentially a website-based network set up exclusively for the management, governance, and communication needs of family wealth.
Single Family Office
Multi-Family Office
VirtualFamily Office
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Produced by: Marc GearyJuly 2016
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Employs staff to provide bookkeeping, tax, and administrative services to the family. Services such as advisory and investment management will be outsourced to external service providers.
Provides a fully integrated service to families who desire to obtain maximum control, privacy and security across all their chosen services be they investment, business, structuring or luxury asset related.
Keeps the strategic functions in house and outsources the non-strategic functions. The privacy and continuity of management are priority concerns for these types of families. Such family offices provide services such as administrative, investment management and asset allocation, legal and taxation advice.
Administrative Family Office
Comprehensive Family Office
Hybrid Family Office
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Type of Family Office by service (not AUM or family numbers)
Produced by: Marc GearyJuly 2016
Some Great Answers To “The 10 Minute Family Office Study”!
Produced by: Marc GearyJuly 2016
http://www.majordomus-mfo.com/download-white-paper
