What are Key Performance Indicators (KPIs) in Family Offices
Key Performance Indicators (KPIs) in Family Offices are measurable values used to assess how effectively the family office is achieving its strategic and operational objectives. These indicators help in evaluating performance across various areas such as investment returns, risk management, cost efficiency, and client satisfaction, ensuring alignment with the family’s goals and values.
Common KPIs in Family Offices
Common KPIs in Family Offices include investment performance metrics, such as return on investment (ROI) and risk-adjusted returns, operational efficiency indicators like cost-to-assets ratio, and qualitative measures such as client satisfaction and governance standards. These KPIs provide insights into the effectiveness and efficiency of the family office’s operations and strategy implementation.