Family Office Sherpa Podcast Episode 28 - 10 Common Mistakes I See Family Offices Make (And How To Fix Or Avoid Them)

Having seen my fair share of offices over the last 13 years or so, I can say that I have seen what good looks like. I have also seen the mistakes that can be avoided or fixed.

In no particular order:

·       Governance vs. Portfolio Management

·       Investment Policy Not Matching the Portfolio

·       Workarounds Over Improvements

·       Price Over Value

·       Cyber Security Only After the Fact

·       Keeping Things in Their Heads

·       Filling Seats Over Finding the Right Fit

·       Control Over Competency

·       Not Seeing the Office as a Business

·       Thinking You’re the Only One Facing These Challenges

Hopefully this is helpful for offices that are starting or reviewing their structure

You can listen on Apple, Spotify, YouTube or wherever you get yours.

For more insights into family offices and their investments, operations and technology, subscribe to the Sherpa newsletter at:  hallroad.com.au.

Cheers

Shaun.

“Hall Road Investments Pty Ltd is a Corporate Authorised Representative (CAR No. 001279456) of Non Correlated Capital Pty Ltd (AFSL No. 499882). Shaun Parkin is an Authorised Representative (AR No 001279458) of Hall Road Investments Pty Ltd (CAR No. 001279456) and is authorised to provide general advice to wholesale investors”