In a provocative two-part article published by Family Wealth Report, Global Head of the Dentons Family Office Group Edward Marshall provides insight into the definition of the term “family office.” Edward first explores the regulatory perspective of the definition before pushing on the nuances of net worth and investment thresholds. As an alternative construct, he then examines the rationale behind defining a family office as a methodology to achieve specific goals. This new way of thinking avoids the use of static, overworked and amorphous terms to define a family office, and instead focuses on the family office as a mindset to empower families and their advisors for success.
Read more on Part 1
Read more on Part 2