Shake Up!

The economic crisis is hitting the family offices of America's wealthy. Expect closings of both single family offices (SFOs) and multi-family offices (MFOs). Those that were just hanging on before the economic crisis won't survive. Even the well-funded, well-run SFOs are tightening their belts. Indeed, a lot are wondering the best way to pay the office bills this year when investment losses are high

The economic crisis is hitting the family offices of America's wealthy.

Expect closings of both single family offices (SFOs) and multi-family offices (MFOs). Those that were just hanging on before the economic crisis won't survive.

Even the well-funded, well-run SFOs are tightening their belts. Indeed, a lot are wondering the best way to pay the office bills this year when investment losses are high and liquidity is down.

But while the weakest will fail, the strongest

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