Virtual Family Office
A Virtual Family Office, unlike a typical family office with a group of experts under one roof dedicated to managing the wealth of one or more high net worth families, consists of a group of experts who come together regularly to manage the assets of a wealthy individual or family.
In this arrangement, there are experts like lawyers, accountants, investment and tax advisers whom each work for different companies. These experts all have other clients. They come together on a scheduled basis (such as weekly or monthly) to advise the wealthy client.
This structure is significantly less costly to the client than setting up a family office dedicated solely to his wealth management needs.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
- Connect with Kris:
