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Show Notes

03:38 – Angelo defines 'family office'
04:19 – Definitely not small potatoes! 'Single' family offices are usually owned by those with wealth ranging from tens to hundreds of millions of dollars
06:21 – The ultra-high-net-worth crowd use a family office as a way to manage wealth, and mitigate financial risks
07:16 – An effective virtual family office utilizes outsourcing and the newest and most efficient technologies to seamlessly manage the family or individual's funds
08:51 – How do you measure success of a family office? Clarify, communicate, compare, and get two or three sets of eyeballs to check the work
12:26 – How exactly does one enter into the family-office arena as a career choice? Is it even possible?
13:52 – Breaking into the family office segment means getting to know the target (ultra-wealthy) audience, gaining some experience, and proving your worth
14:38 – At some point, the old dogs are going to have to learn some new tricks
15:36 – You really can't outsource creativity and leadership in the family office
16:50 – Apart from technology and automation, you need the soft skills - collaboration, globalization, and listening
17:22 – Angelo discusses some of the challenges of working for a family office
18:31 – Angelo talks about what inspired him to enter into the family office arena
20:29 – Check out Angelo’s book, “Effective Family Office: Best Practices and Beyond,” on Amazon! He’s also got a podcast! You can find Effective Family Office Podcast on iTunes, for Apple users, or Stitcher, for the Android crowd!

Connect with Angelo

Angelo Robles, CEO, Family Office Association
- Website: https://familyofficeassociation.com/
- LinkedIn: https://www.linkedin.com/in/angelorobles/
- Twitter: https://twitter.com/familyoffice

Episode Art Photo Credit:

April Blankenship
- https://twitter.com/aprilblnknshp
- https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2

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Family offices: How the ultra-wealthy manage their money 🎙 Live at Sage Intacct Advantage

The Accounting Podcast

Family offices: How the ultra-wealthy manage their money 🎙 Live at Sage Intacct Advantage