While birds of a feather may flock together, opposites also attract. Surrounding yourself with people of similar pedigree breeds comfort, but tapping into people from different backgrounds may complement and create a more dynamic environment. In this vein, family office networking clubs exist to create windows of opportunities where like-minded and different family offices can come together. This insight dives into the three main benefits of networking within family offices and recommends a list of suitable network partners.
Building relationships
The private nature of family offices may make networking challenging. The industry is not conducive to dishing out business cards or blasting banner ads on social media or Google Ads. Family offices wishing to build trustful long-term relationships may find networking groups helpful in expanding their network.
Family office networking groups are well-versed in bringing people together. They provide platforms and opportunities for family offices to connect with each other and with relevant service providers. From family members and wealth managers to insurance and financial advisors, networking groups have vast and robust databases.