WHAT will help family offices thrive? Beyond incentives that governments are rolling out – from more investment opportunities, enhanced international connectivity, high standards of living and even robust and tax regulatory regimes – the answer is quite simple. Technology.
Creating a concept of the business, identifying goals and objectives and the long-term approach to meet them, and formulating plans of action cannot be separated from a discussion of office technology.
Technology is more than just functional nuts and bolts; it can set an office on a sustainable path for the future, to empower it to work at that “higher level”.
Running a family office involves complex processes that would...