Special FOX Report

The Enduring Enterprise: Building a Sustainable Wealth Advisory Business

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Today the ultra wealthy advisory business has arrived. The number of multi-family offices has doubled since the early 1990s and steady wealth creation is generating new interest in serving the ultra wealthy among private banks, trust companies, and brokerage firms. Despite this expansion, a number of operational and strategic challenges must be addressed by firms seeking to target the ultra wealthy market.

This Executive Summary of a study conducted by the Family Office Exchange examines the high-level operational challenges facing wealth advisors in six key areas:

Client selectivity
Service delivery
Firm positioning
Pricing
Talent and team structure
Technology

It then identifies successful business practices of firms that are well positioned for future growth and offers a roadmap for those seeking to build an enduring wealth advisory enterprise. Advent is pleased to offer you this Executive Summary in conjunction with FOX.