Your First 90 Days Running a Family Office
Most inherited family offices work, but only because a handful of people know which entity owns what, which statements need adjusting before they're usable, and why every exception exists. The office runs until one of those people leaves or the estate outgrows them.
This guide gives a new COO or family office leader a 90-day roadmap in three phases: diagnose, decide, deliver. By day 90 you should have one net worth figure the family acts on, a clear picture of the office's risks, reporting the family can rely on, and an office that doesn't depend on you.
This eBook dives into:
A data inventory template, and the four questions to ask of every account, holding and entity you inherit.
Two 10-question assessments, one for operational risk and one for succession readiness, that show where the office is exposed.
Why the reporting platform comes before the general ledger, plus ten questions to ask any vendor and the answers that should worry you.
A five-section blueprint for the family's first monthly report, and a 90-day scorecard to measure your progress against.
Your first 90 days aren't for fixing everything. Use this roadmap to learn what you inherited, decide what to build, and put a net worth figure in front of the family that nobody feels the need to double-check.
