What is a Family Office Board
A Family Office Board is a group of individuals tasked with providing oversight and strategic guidance to a family office. This board ensures that the family office aligns with the family’s goals, values, and financial objectives, while also managing risks and ensuring compliance with relevant regulations.
Roles and Responsibilities of a Family Office Board
The Family Office Board typically oversees investment strategies, governance structures, and operational efficiencies. It may also be involved in succession planning, philanthropy, and maintaining family legacy. The board’s composition often includes family members, trusted advisors, and external experts to provide diverse perspectives and expertise.