You and your family have worked hard to build your business, your wealth and your legacy. But how do you shape future aspirations while mitigating the risks and complexities of tomorrow? For some families, the next step in wealth management may involve establishing or evolving a family office – a dedicated structure with centralised oversight of your family’s assets, governance, and administration.
No two families are the same, and neither are their offices. Some prioritise liquidity while others seek direct investments to complement their business. Whatever your structure, there can come a time when external knowledge and support become essential, and that’s where KPMG can help.
How we can help your family office
We work closely with you to create tailored strategies to build and preserve your family’s wealth for long-term success.
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Testimonials
After recently selling their main operating business, we worked with a family who wanted to remain unified now that their business, which had given them a common purpose, was gone. Their aim was to pool their wealth to acquire financial and real estate investments, and undertake philanthropic activities together. They concluded that establishing a family office could help them.
We helped our client establish their priorities and determine what they should bring in-house and what to outsource. We then advised on the best structure for their investment pool to manage it on a long-term basis.
We are still working with this family to develop their investment strategies and reporting regimes, and create governance arrangements to define the roles and responsibilities of each family member who is taking an active role in the family’s joint venture.
A large international family needed assistance in restructuring their family office operations. The family office was originally embedded within the principal’s main business, supported by the CFO and staff. However, the family came to realise that once the principal is no longer involved in the business, the next generation’s needs and aims will change and may not be served by the existing structure.
We helped restart previously deadlocked conversations between generations and create a new family office operation from the ground up. We are also helping to build a future generations-focused financial model which will enable them to assess potential impacts of events such as divorce, interest rate changes or tax increases.
An established multigenerational family office was concerned that, over time, the family had become too distant from the family office’s operations. They were concerned that they did not have clear oversight of the costs, were unsure about whether their risks were being managed, and even about who the key decision-makers were.
We undertook a thorough review of the family office’s procedures, processes and controls, focusing on how investment decisions were made and uncovered what the family was happy with, and what they wanted to change.
We helped design a new investment process which cut costs and made the in-house operations more robust. We also established a new reporting regime which meant that key stakeholders – both family members and family office management – received the right amount of information as required by their roles.
KPMG services and solutions
We provide tailored services and solutions that help family offices and family businesses grow, protect, and transform for long-term success.
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Frequently asked questions
A family office is a dedicated structure that manages the financial, investment, and lifestyle needs of families. It provides centralised oversight of assets, governance, and administration, ensuring long-term wealth preservation and alignment with family values and goals across generations.
Families with significant wealth, complex investments, or multigenerational planning needs often benefit from a family office. Those seeking privacy, tailored financial strategies, and professional management might consider this option. Multi-family offices suit families wanting shared resources and support without building a standalone structure.
A multi-family office serves multiple families, offering shared access to investment management, tax planning, and administrative services. It provides cost efficiencies and professional support without the overhead of a single-family office, while still delivering personalised solutions for each family’s unique financial and governance needs.
KPMG provides advisory services for structuring, governance, tax, and investment strategies. We help design family office frameworks, implement risk management, and ensure compliance. Our specialists also support succession planning, technology solutions, and operational efficiency, helping families preserve wealth and achieve their long-term objectives.
Family offices offer centralised control, privacy, and tailored strategies for wealth management, governance, and succession. They simplify complex financial arrangements and align decisions with family values. Multi-family offices add cost efficiency and shared support while maintaining personalised service for each family’s unique needs.
Yes. KPMG specialises in succession and legacy planning for family businesses and private wealth. We design governance frameworks, facilitate generational transitions, and create strategies to protect and grow wealth. Our approach ensures continuity, minimises conflict, and preserves your family’s values and vision for the future.