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Wither the Family Office?

The family office market has become crowded and muddled. Once the domain of easily understood private offices, each dedicated to the needs of a single, very wealthy family, the family office market now includes financial firms of all sizes. The first mutation occurred when traditional single-family offices decided, as an overhead-sharing strategy, to add additional families as clients. Next came the
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The family office market has become crowded and muddled. Once the domain of easily understood private offices, each dedicated to the needs of a single, very wealthy family, the family office market now includes financial firms of all sizes. The first mutation occurred when traditional single-family offices decided, as an overhead-sharing strategy, to add additional families as clients. Next came the commercial financial services firms that “rebranded” themselves, either entirely or with

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