asora blog

Starting a family office is a significant undertaking that involves careful planning, organization, and implementation. A family office is a private advisory firm that serves one or more high-net-worth families and provides a range of services, including investment management, financial planning, tax planning, estate planning, and philanthropy. The main purpose of a family office is to preserve and grow family wealth over multiple generations.

This 7-part series is a guide on how to start a family office, where we discuss each part in detail every week.  

91% of family office professionals predict a rise in outsourcing of key services over the next three years   

Source: Ocorian

In today's digital age, technology plays a significant role in every aspect of our lives, including how we do business. The family office is no exception. Family offices need to stay up to date with the latest technologies to stay competitive and efficient.  

However, many family offices lag in technology adoption, putting themselves at risk. Here, we discuss the four ways being a technology laggard threatens your family office and why it is essential to keep up with technological advancements.  

Josh Baron and Rob Lachenauer’s Is Your Family Office Built for the Future? delves into how you can set up your family office for long-lasting success. It carefully considers the root of tensions within a family office and what key decisions must be made to ensure longevity and success.