Benchmarking The Single Family Office: Identifying The Performance Drivers
Source: IESE School Of Business
A Single Family Office (SFO) is a professional organization, owned and controlled by a single wealthy family, dedicated to managing the personal and financial affairs of family members. In addition to investment management services, SFOs' activities often include a range of financial, accounting, legal, educational and personal services which are dedicated and tailored to the exclusive needs of family members. SFOs vary substantially in the scope of activities, in the Assets Under Management (AUM), in the activities that are carried out in house versus those that are outsourced and in other aspects.