At your service

The recently released Single Family Office Compensation Report from Morgan Stanley Private Wealth Management and Botoff Consulting, a survey of over 400 single family offices in the United States, explored how many single-family offices provide various services. The report notes that these results have been fairly consistent since they started conducting the survey in 2015.

Almost all single-family offices provide:

  • Tax compliance/preparation: 98%
  • Tax planning: 98%
  • Estate planning: 96%
  • Legal services: 95%
  • Financial planning: 95%

The vast majority provide:

  • Insurance/risk management: 94%
  • Succession planning: 88%
  • Family governance: 85%

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Significant majorities provide:

  • Concierge services: 74%
  • Wealth education: 68%

And over half provide:

  • Art/collectibles management: 54%

About the Author

Margaret Steen

Margaret Steen is the editor of FO Pro, The Family Office Professional. Based in Silicon Valley, she has written for Family Business Magazine for more than 15 years.


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