Committees, Guidelines and Professional Management Systems

  • Boris CanessaEmail author


Committees, guidelines and professional management systems should be installed to choose a strategy for the family office’s investments and to avoid risks. An investment council should be empanelled from a mix of internal and external experts. Both the family office and the family’s own leaders are responsible for risk management, including oversight of proper insurance coverage and building a culture of adherence of compliance guidelines. An advisory council can also be formed to provide additional oversight and advice. Finally, both a model of ownership for the family office and a transparent fee structure should be established. Interview with Tom McCullough, a Family Officer from Canada.


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Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.DüsseldorfGermany

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