The Family Office

Das Buch ist perfekt für jeden, der interessiert in das Thema ist; Student ist mit der Absicht in der Industrie zu arbeiten oder für Personen die durch ein Liquidity Event selbst ein Family Office planen (lassen). Auch für nicht (U)HNW Individuals kann das Buch sinnvoll sein um, mit einer Family Office Struktur, ihr Familienleben zu organisieren.

I've been a long-time student of family business and I found this book on family office management to be very interesting. My family office would be in the high 5 figures in terms of total assets, instead of the 10-figure plus that the book is intended for, but was impressed at the systematic way the subject of a family office and it's challenges and differences from a typical operating company were presented. Great model for a text book, as it has a fictional vignette, followed by a summary and some key questions to consider. As you progress through the book, you "discover" new areas and challenges, from investments, to IT, to travel management, to property management, and philanthropy. This book covers it all. If I ever have the opportunity to serve or advise a family office, this will be a go-to resource!

I bought this book based upon the reputation of the authors and also curious to what they had to say about private aviation - my specialty. The book gives an overview of all the decisions that need to be made in setting up a single family office following a liquidity event, and that leads into a whole range of topics and issues including how to handle private aviation. The book is well researched and flows well. I think the book could use a few more graphs and visuals where appropriate but overall, a great read for those in this space who want to benchmark their knowledge or newbies like me who are getting to know the vastly important role of the family office within the life of an ultra high net worth family. - David Clark, Integris Aviation Consultancy

Authors Marshall and Woodson do a masterful job in creating this comprehensive family office guide covering everything from what to think about in setting up a family office, services offered, in-sourcing/out-sourcing, staffing considerations, compensation incentives, investment management, risk management, entity structures, philanthropy, governance, NexGen education and leadership – and much more. Marshall and Woodson provide much of the information through a memorable family office case study and offer key questions and tips along the way to help the reader consider what to do when along the family office journey. Finally, Marshall and Woodson offer valuable outside third party data and resources as support for their work and resource guides for the reader. Bravo!

This is an excellent practical, comprehensive, and concrete book of family office “know how”. The authors are genuine experts on family offices with real life experience & not theoreticians writing academic papers. A great guide for anyone in the family office business, from lawyers, accountants and security professionals to professors and finance students studying the topic. This comprehensive approach makes it a real ‘go to’ encyclopedia of family office practices.