Family office

Increasingly popular platform in the administration of estates is the so-called «Family office». The name refers to a multidisciplinary consulting company (where investment professionals, lawyers, accountants and specialists in the provision of services for home and family are working), which offers its services not just for the wealthy clients, but also for the whole family groups. This allows taking into consideration the interests of several generations in solving of the problems of administration of estates. The classic Family office - is a company created by a wealthy family for their own interests. However, recently, many families, realizing all the benefits of the capital concentration, open the doors of their family offices for other wealthy families. Moreover, the new companies are being established, which are operating as the Family offices for many families. As a result, the largest Family offices in the world have assets of billions of dollars under their management (or rather, “under the consultancy”). Many of them, even originally formed as a single Family office, subsequently are repurchased by large financial institutions (banks)
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Family office — its a wide range of services at the highest level of personal attention to the customer needs and the ability to put today's decision in the context of several years or even decades.