What is family office governance and why is it essential?
Formalizing the human, intellectual and social capital of the family
VIDEO
Today’s family office affairs are more rigorous and complex than a generation ago given the multi-faceted layers of wealth and interests a family might have, the global dynamics of where families reside and conduct business, as well as heightened planning, reporting, security and compliance needs.
RSM private client tax partner, Tommy Wright, and Holly Isdale, chief consultant at Withers Consulting Group, share their insights on why a governance structure is essential for successful family offices in these brief videos: