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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Operational Objectives for a Family Office
Description: Operational Objectives for a Family Office Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In running a family office there are several key operational objectives for the family office to achieve. Here’s a list of key areas to consider: Governance. This includes leadership, board management, communications and succession planning. The leadership should continuously improve the operational efficiency of the family office. Cost structure. The cost structure should be no more than 1% of the assets under management. Where possible use variable cost structures to match services to the vo...