Most launch their family office after a large liquidity event, or when there is sufficient demand within the family for a shared services platform that can leverage economies of scale. 

These organizations are often structured in isolation from the rest of the enterprise, or designed for tax efficiency rather than financial or social impact. Consequently, their strategies and resources aren’t effectively coordinated with the rest of the family’s entrepreneurial activities. 

LGA helps families generate more value from a Family Office by:

• Educating owners and leaders on the unique characteristics of a Family Office and the requirements for its long-term success
• Generating strategic alignment around a shared vision, purpose and values for the family’s non-operating activities
• Designing and launching a new Family Office – or assessing and restructuring an existing Family Office – consistent with this strategy
• Ensuring governance of the Family Office is coordinated with the rest of the family’s operational, philanthropic and estate planning activities
• Assessing and developing leaders and leadership teams
• Designing efforts to educate, involve, and transition leadership to the next generation
• Facilitating more productive relationships between family members and professional staff within the Family Office
• Developing processes for effective risk management across the enterprise – including both operating and investable assets