High-Functioning SFOs A Rare Breed

By and large, the very wealthy establish single-family offices to ensure they receive the kind of services and personalized attention they want. Running a single-family office can be a costly endeavor, but if the organization is meeting its goals and fulfilling its intended function, expenses are usually not a concern.

Unfortunately, across the globe, only about 20% of single-family offices are meeting or exceeding their predetermined criteria for success. For example, the investment performance of a single-family office must meet or exceed its benchmarks or targets to be deemed high functioning.

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