Family offices evolve to meet new demands

(Opalesque) The number of family offices has grown considerably over the past decade. According to Campden Wealth, family offices oversee assets valued at $5.9 trillion. Rubem Herzog, a Senior Wealth Manager, in the Strategic Wealth Management division at the Geneva Management Group (GMG), a multi-family office turned financial services firm, tells Opalesque that more families are shifting to the family office model in order to pursue their goals with greater flexibility.

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