Family goals, financial goals and social goals. The family office framework describes how to think about a multigenerational family:

Family goals, financial goals and social goals. The family office framework describes how to think about a multigenerational family:

Family goals come first: promoting family harmony, educating future generations and incentivizing future generations to engage in the same productive behaviors as the generation that made the wealth.

Financial goals reflect the family's desire to preserve capital, maximize the growth of their assets and decide when and whether to make distributions to family members.

Social goals are philanthropy - how to give away money and community - how to give back to your community and pass down values.

Jeffrey Rosen and I explain how these family, financial and social objectives fit together in “Family Office Framework,” part of our Family Offices series for Frazier & Deeter

Jeffrey Rosen
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