What are the Fundamental Success Factors for a Family Office?

  • Boris CanessaEmail author
  • Christoph Weber
  • Alexander Koeberle-Schmid


Among the fundamental success factors when founding a single family office are the size of the family’s pooled assets, the ability to formulate a vision and pick loyal employees willing to live out the declared values, an ability to simplify down to two to four asset classes and a dedication to avoiding conflicts of interest. When joining multi family offices, additional consideration must be given to the ownership role the family wishes to hold within that office (co-owner or pure client). This chapter also includes a checklist for the family to assess its own situation and an interview with Klaus Kuder, whose firm offers consulting to multi family offices in Germany.


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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Boris Canessa
    • 1
    Email author
  • Christoph Weber
    • 2
  • Alexander Koeberle-Schmid
    • 3
  1. 1.DüsseldorfGermany
  2. 2.EssenGermany
  3. 3.KölnGermany

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