Family Office

What is a Family Office?

A family office is an advisory body or company that manages the financial affairs of high-net-worth individuals and families. It differs from typical financial management organizations in that they offer a complete investment and financial service tailored to the needs of the person/family. A family office in the UAE — run by business consultants — takes charge of issues such as insurance, investing, charitable donations, taxation, and various legal issues.

The best family offices take a fresh approach to every person or family they represent. By customizing their service according to the specific circumstances, they’re able to deliver a wide range of private wealth management solutions while mitigating risk. And that’s a very important combination for long-term growth and any future inheritances.

Why You Need a Family Office

Why You Need a Family Office

Business consultants should set up a family office in a way that best represents the financial interests of the client. A typical family office might include services such as legacy planning, investment and asset management, lifestyle management, taxation management, and family wealth education. These are all highly complex issues that involve a great deal of risk to a family’s wealth. Having tailored services designed to meet the needs of the individuals within a family is the best way to deliver long-term financial health.

When you have a dedicated family office, you can enjoy a personal service that’s impossible with multiple financial service providers. You can also tailor your privacy according to your preferences and circumstances. And by bringing all of these essential wealth management services together, you can cut the administrative costs involved. For a personalized, fully customized financial management service, the family office structure is best placed to protect your family’s long-term financial interests.

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Downtown, Dubai, UAE

Sheikh Mohammed bin Rashid Blvd -
Downtown Dubai

Dubai - United Arab Emirates

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