Is it worth building your own single-family office, or should you join an established multi-family structure? The answer depends on more than just assets under management.
While a single-family office (SFO) allows for maximum control and privacy, it requires scale, compliance expertise, and infrastructure.
Multi-family offices (MFOs), on the other hand, offer shared services and institutional-grade operations. A common mistake: wealthy families often underestimate the ongoing cost of building an SFO from scratch. Legal, tax, HR, and cybersecurity layers must all be addressed.
FAQs:
Q: What is the asset threshold for setting up a single-family office?
A: Typically, a minimum of USD 100 million is advisable, but strategic goals also matter.
Q: Are MFOs regulated?
A: Yes, in most jurisdictions they operate under regulatory supervision and professional standards.
User Comments:
Great breakdown — cost and trust are the two biggest issues we faced.
We moved from an MFO to a boutique SFO setup last year. Worth it.
Thanks for clarifying the differences. It's not a one-size-fits-all decision.
intro:Is it worth building your own single-family office, or should you join an established multi-family structure? The answer depends on more than just assets under management. While a single-family office (SFO) allows for maximum control and privacy, it
About the Author
Sophia Tan – Editor, Family Office & Resources at WealthShield Asia
Sophia focuses on family offices, relocation, and practical guides for globally mobile families, with an Asia-centric viewpoint and global standards.
Disclaimer & Copyright Notice:
This article is edited and compiled by the editorial team at WealthShield Asia based on publicly available information. It is intended for informational purposes only and does not constitute legal, financial, or investment advice.
We respect intellectual property rights. If you believe that any part of this article infringes upon your copyright or other legal rights, please contact us at [email protected]. We will promptly review and remove the content if necessary.
All rights reserved. Unauthorized reproduction or redistribution is prohibited.
This article is edited and compiled by the editorial team at WealthShield Asia based on publicly available information. It is intended for informational purposes only and does not constitute legal, financial, or investment advice.
We respect intellectual property rights. If you believe that any part of this article infringes upon your copyright or other legal rights, please contact us at [email protected]. We will promptly review and remove the content if necessary.
All rights reserved. Unauthorized reproduction or redistribution is prohibited.