Most families never put real return expectations on the people investing their money. The relationship just has to stay good enough.

Most families never put real return expectations on the people investing their money. The relationship just has to stay good enough.

A carried interest ends that arrangement.

This week's Family Office Series asks: should your family office use a carried interest? Why family offices borrowed the structure hedge funds have used for decades, why the fund nobody raised needs its own hurdle rate, and what the carry actually buys - a different relationship with the people running the money.

Jeffrey Rosen, CPA, CGMA, MBA and I lead the Family Office practice at Frazier & Deeter. Follow to see each issue as it publishes.

#FamilyOffice #TaxPlanning #Tax