By: Priyanka Hindocha
Priyanka is a Director in the Stonehage Fleming Family Office.
Find out more about Stonehage Fleming's Family Office
The type of family office support that we provide varies
hugely from family to family, but
what those families have in common is a seemingly endless to-do
list.
So the opportunities and the risks faced
by our clients are often so great that it's
difficult for them to manage them without some sort of
external support. So our role is
really to help families consolidate matters to help
them identify which roles if any they'd
like to play in the management of the family and it's wealth and
then to take the administrative and coordination burden
off their hands at the same time as ensuring
that they're sufficient momentum in place to problem solve and
take items off the list.
So we use our experience of supporting families across
the world and help them navigate and plan
for both the opportunities and the challenges
associated with great wealth, including the successful transfer
of that wealth to the Next Generation and the
ultimate goal is really to make their lives easier.