Campden Wealth’s Post

Very good point! This is something I set up when we created the structure : an operation memorandum is a must for me. It adds clarity to the roles and functions, facilitate the integration of new employees and summarize the best practices. Ultimately it is an ever evolving document that can serve the executive and operational management to define their vision and objectives for the #familyoffice.

In the fifth article in the series, Grégoire Imfeld, founder of One Family Governance, and Adrian Murdoch look at why an operation memorandum matters and what Single Family Offices get wrong about asset allocation. Read the complete article here: https://lnkd.in/dw3_a6Km #campdenfb #familyoffice #governance

An interesting article on setting up a Single Family Office, outlining the key steps to creating a tailored financial management ecosystem. Sign up through the link below to explore the different aspects of setting up a SFO with expert advice and practical strategies.

The rise in wealthy families, higher expertise, and the Great Wealth Transfer are driving the creation of family offices. Gain insights from our whitepaper into building a lasting family office and discover the systematic approach to establishing a family office that aligns with your goals, from defining purpose to efficient operations. Download the whitepaper to learn more: https://tfoco.co/3WPFcyR #WealthManagement #FamilyOffice #InvestmentStrategy

According to a recent J.P. Morgan report on global family offices, there's a noticeable surge in awareness and interest surrounding the concept of family offices. This trend is driven by the expanding landscape of wealth management and accounting firms, many of which now offer outsourced family office services. What's behind this growing fascination? Several factors come into play, including the desire for privacy, control, and customization in managing family wealth. Family offices streamline operations by providing centralized oversight of diverse financial and personal assets, acting as a single point of contact for families with complex portfolios. Moreover, direct investments have emerged as a key motivator for establishing family offices. With a shared interest and mindset alignment, families can explore opportunities for better value and returns in investment ventures. Exciting times lie ahead for the realm of family offices, with opportunities abound for those seeking tailored, comprehensive wealth management solutions. Let's stay tuned as this landscape continues to evolve! #FamilyOffice #WealthManagement #InvestmentTrends #Finance

Succession planning in family offices is a delicate balance of wealth transfer and legacy preservation. Check out our latest blog for strategies to navigate this complex journey: https://lnkd.in/eM-9t5FV #FamilyOffice #SuccessionPlanning

The number of Single Family Offices is set to skyrocket by 75% by 2030. Are you curious about the driving forces behind this growth and the challenges they face? Read more in our latest article to gain valuable insights into the world of Family Offices. https://lnkd.in/ewJwAfE6 #FamilyOffice #FamilyOfficeRecruitment #WealthManagement #FinancialPlanning #Investment #SuccessionPlanning #Talent #HumanCapital  

The number of Single Family Offices is set to skyrocket by 75% by 2030. Are you curious about the driving forces behind this growth and the challenges they face? Read more in our latest article to gain valuable insights into the world of Family Offices. https://lnkd.in/ewJwAfE6

If your family office is only managing your finances for higher returns, you have gotten it wrong! To many, family office appears as a back side functioning entity doing the operational work relating to finance. However, the prime thing that a family office delivers is the cohesiveness of the identity of the family business, growing the financial capital whilst increasing the trust with all stakeholders. In addition, a family office further strengthens a credible reputation which can help differentiate your family business in a crowded marketplace and build partnerships across generations. Not all family offices are the same. Family offices are designed as per the family’s DNA, constitution, and governance. It can deliver everything from a simplistic personal wealth planning to complex collective investment and asset management. The diagram below shows that the family business who is the client family sits at the heart of the Family Office. The role of the family office is to act as a shield between family and external institutions, bodies and stakeholders to guide, protect and grow the wealth, reputation, impact and value of the family. #familyoffice #familybusiness

What exactly does a Family Office do? What is the difference between a Single and a Multi-Family Office? What assets do they make sense for? In this recent interview, HQ Trust GmbH's Managing Director, Christian Stadtmüller, CFA, answers the most important questions and also talks about a typical Family Office client, alternative investments – and steep learning curves. #FamilyOffice #SingleFamilyOffice #MultiFamilyOffice #Investments https://lnkd.in/evD8cmMV