In an interview with ACE Portal’s CEO, Peter Williams, Michael Zeuner, a managing partner at WE Family Offices, discusses the choices available to wealthy families for managing their wealth. In a time when the term “family office” has become increasingly popular in the media and marketing efforts of the wealth management industry, Mr. Zeuner explains the difference between different types of advisors, what defines a family office, and how that role has evolved into the multi-family office.
The interview offers an in-depth perspective into the client experience of a multi-family office (MFO). Topics covered include:
- The unique needs of a wealthy family relative compared to other types of investors – including how a longer time frame impacts investment considerations of multi-generational families
- The primary service offering of a multi-family office- including the benefits of a multi-family office, and how a multi-family office differs from a traditional bank or brokerage firm
- How a multi-family office differs from a single family office (and where they are similar)
- How to tell the difference between advisors – what to ask your advisor to determine whether the firm is indeed offers a true family office service model
To view the interview, please click here: https://aceportal.com/insights/family-wealth-and-the-role-of-family-offices/
