Legacy Advisors Ltd. - The Family Office: Building and Sustaining Value for Business Families

Published 29 Nov 2007
Reference 5481
Region Asia
Summary

A family office provides professionally managed support in planning, investment and professional advice, reporting and specialized services related to managing the family’s wealth. This case study explores the challenges of a next generation family member in attempting to convince his traditional Chinese father of the advantages and opportunities to be created by establishing a family office to support the family's financial and investment activities.

Teaching objectives

Business families and wealthy families need to appreciate the investment opportunities created by the creation of a family office. This case provides an overview of the issues and opportunities created by a family office. Students will explore the implementation process and develop an understanding of professional practices that support the effective development of a family office strategy.

Keywords
  • RD1107
  • AR2007
  • AR0807
  • Family Wealth
  • Family Office
  • Investment Management
  • Family Investments
  • Family Business
  • Estate and Ownership Planning
  • Financial Performance
  • WICFE
  • Family office, wealth management, legacy, ownership