Most launch a family office after a large liquidity event, or when there is sufficient demand for a shared services platform that can leverage economies of scale, world-class talent, and complete discretion. 

These organizations are often structured separately from the rest of the enterprise, or designed for tax efficiency rather than impact or effective governance. Consequently, their strategies and resources aren’t always aligned 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 range of possible configurations 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 investment and shared services activities
• Designing and launching a new Family Office – or assessing and restructuring an existing Family Office – consistent with this strategy
• Ensuring that the governance of an existing Family Office is coordinated with the rest of the family’s operational, philanthropic and estate planning activities
• Assessing and developing family office 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