Strength in the Face of Adversity

Rumors of the demise of the small family office have been greatly exaggerated. Although many wealthy families have changed the way their offices operate, smaller single family offices are demonstrating remarkable resilience in the face of economic and regulatory uncertainty.1 To be certain, small offices have experienced considerable adversity since the spectacular September 2008 implosion of Lehman

Rumors of the demise of the small family office have been greatly exaggerated. Although many wealthy families have changed the way their offices operate, smaller single family offices are demonstrating remarkable resilience in the face of economic and regulatory uncertainty.1 To be certain, small offices have experienced considerable adversity since the spectacular September 2008 implosion of Lehman Brothers that marked the beginning of a severe economic downturn. The effect on

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