UBP duo democratise family office selection with new service 23/05/2016 ‘If you can’t beat ‘em, join ‘em’… or so the saying goes. But when the subject refers to family offices in a market saturated such as it is, joining the hordes would be nothing short of “dumb”. Instead, why not do one better and improve the market from its core?
That’s exactly what Jan van Bueren and Thomas Ming aim to do with FOSS Family Office Services Switzerland, a consultancy service held under Union Bancaire Privée’s (UBP) new Switzerland-based Family Office Services Team. By combining a database of existing firms with in-depth client knowledge, FOSS seeks to simplify and democratise the process of selecting a family office.
KPMG targets family offices with investment advisory service 11/05/2016 KPMG has expanded its investment advisory practice to target one of the “last real long-term investors” as part of a wider push of the firm’s family office offering.
As a pure advisory service it will not compete directly with traditional wealth managers but it will “mix up” what is currently an “inefficient model”, practice head Nick Evans told thewealthnet.