fbpx Ask An Expert

Want to read more? Sign Up For Our 7-Day Free Trial

Why The Right Quarterback Is Critical To Your Family Office

American football quarterback standing with a teammate during practice

One of the more striking challenges for family offices is managing the plethora of advisors who serve the family but may provide conflicting or confusing advice.

To address this issue, a family office should appoint a “quarterback” to help coordinate advisors to ensure their advice supports the family’s big-picture strategies.  In addition, the right quarterback can provide an overview of the office’s performance and improvement opportunities.

The right person for the quarterback role will likely depend on the family’s needs and relationships with staff members or advisors. Regardless of who performs the function, it’s vital to ensure someone is communicating with the family and other advisors to coordinate everyone’s efforts, ideas, and execution of the proposed plans. You need a quarterback that understands the game plan, can call an audible if needed, and execute the game plan with assistance from the rest of the team.


Want To Read More? Sign Up For Our 7 Day Free Trial.

Please login below. If you don't have an account, feel free to sign up and get access to the entire WealthCAP HUB®.

Contact Us

None of the content or services offered on or through the Website are, nor are intended to be, legal, tax, accounting, investment or other professional advice or a substitute for advice of an attorney, tax advisor, accountant, investment advisor or any other professional. You agree and acknowledge that the content and services offered on or through the Website are intended only as general information and is not intended to be, and should not be relied upon as, professional advice. If professional advice or other expert assistance is required, you should obtain the services of a competent, professional person, and not rely on information provided in the content or services as a substitute for such advice or assistance. No attorney-client relationship exists or shall be deemed to exist between you and the Company. The Company is not in the business of rendering personalized investment advice.

error: This content is protected!

suggestion

Feedback

This feature is for WealthCAP HUB® Members

If you would like to upgrade your membership or learn more, please contact us and a team member will reach out shortly.

Ask An Expert