Economics of structuring a family office

Examines the financial costs and benefits of a family office.

by Brian Hans, Senior Income Tax Strategist, and Brian Schimpf, Senior Quantitative Strategist, Advanced Planning Group 15 Mar 2023

Ultra high net worth (UHNW) individuals and families frequently seek guidance from their trusted advisors about the possible benefits of setting up a family office to manage their wealth. The family may need a coordinated enterprise to carry out the administrative needs of numerous stakeholders while maintaining the wealth creator’s vision and philosophy of how the family’s wealth should be deployed. To this end, the family may consider creating a family office to manage the family’s wealth while nurturing the family’s identity and values across a wide range of areas, such as wealth management, wealth transfer, philanthropy and family governance.

Please note: The complete publication, including important information and disclosures, can be downloaded via the link below.

Browse additional articles available from UBS Advanced Planning on topics of interest to ultra high net worth clients and their families.

Purpose of this material.
The information on this page and in the attached document is provided for informational and educational purposes only. It should be used solely for the purposes of discussion with your UBS Financial Advisor and your independent consideration. UBS does not intend this to be fiduciary or best interest investment advice or a recommendation that you take a particular course of action.

No tax or legal advice.
UBS Financial Services Inc., its affiliates and its employees do not provide tax or legal advice. You should consult with your personal tax and/or legal advisors regarding your particular situation.

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