In the latest show, I dig into the idea that family offices can leverage their internal and external advisers to create supportive "scaffolding" to build a better office.
Hall Road is often engaged to build these networks, so what areas of the office can benefit from thoughtful curation of support?
Investments - learning from internal and external advisers
Operations - the widening of external services is growing, take advantage
Technology - utilise the expertise of external firms
Fractional Talent - the transfer of skill and knowledge from specialists
Family Dynamics - don't go it alone, often your challenges are not unique
Lifestyle assets - becoming an asset manager can be tedious for the assets that are supposed to be fun.
You don’t want too much support as it removes your interactions with people and firms which is half the fun and reason you have a family office.
For more insights into family offices and their investments, operations and technology, subscribe to the Sherpa newsletter at: hallroad.com.au.
Cheers
Shaun.
“Hall Road Investments Pty Ltd is a Corporate Authorised Representative (CAR No. 001279456) of Non Correlated Capital Pty Ltd (AFSL No. 499882). Shaun Parkin is an Authorised Representative (AR No 001279458) of Hall Road Investments Pty Ltd (CAR No. 001279456) and is authorised to provide general advice to wholesale investors”
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