Family Offices play a crucial role in managing the wealth of ultra-high-net-worth families and have grown in popularity in recent years. Many families looking to set up a Family Office are concerned about the operational costs, rightfully so.
As an expert in Family Office recruitment, my goal is to equip our clients with the essential information needed to establish their Family Office. With that in mind, this article explores the average costs linked to operating a Family Office and investigates the correlation between the costs and various influencing factors.
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