The High-Functioning Single-Family Office
by Russ Alan Prince and Richard J. Flynn
The world of family offices is garnering extensive and increasing attention. Many of the ultra-wealthy families with single-family offices as well as the senior management of these organizations are very concerned about how to boost value. This covers ensuring robust and efficacious leadership of the single-family office to identify and align the most cost-effective and capable external experts. The objective of this primer is to provide a succinct overview of single-family offices and the five behavioral best practices that are essential for most single-family offices to be high-functioning.
Russ Alan Prince is a strategist for family offices and many of the wealthiest families in the world. He helps them define and refine the desired outcomes they want. Russ also provides direction in selecting and structuring ultra-wealthy families’ relationships with private wealth industry professionals so they get superior results.