Family Office

London-Based Firm Launches Global Family Office Network

Harriet Davies Editor - Family Wealth Report 29 March 2012

London-Based Firm Launches Global Family Office Network

Global Partnership, a London-based research and networking organization for family offices, is launching a peer-to-peer network, called “the Private Office Club,” for family office professionals and ultra-wealthy individuals and families.   

“The Private Office Club has been created due to the ever increasing demand of private offices, wealth owners and family members looking to connect with peers on a worldwide basis, in an atmosphere of confidentiality and privacy,” the firm said in a statement.

Other examples of peer-to-peer networks include the Institute of Private Investors and Tiger 21, which are both based in the US. Some firms are also trying to connect their own clients by launching forums exclusively to these individuals, to allow them to discuss some of the more personal issues surrounding their wealth like parenting and legacy. One example is Threshold Group in the US. (To view an interview with the firm on this issue, click here.)

The Private Office Club will offer educational discussions and debates, informal monthly meetings and social events, as well as briefings on developments affecting opportunities for asset growth and capital preservation, the firm said.

Global Partnership argued that in today’s world family offices need to be able to share information globally, in a discrete and culturally sensitive environment.

“As our network continues to grow, greater opportunities are formed where family offices look to learn from each other and engage more openly,” said Michael Shelton-Agar, the firm’s chief executive.

In another example of family offices cooperating globally, Pitcairn, the US-based multi-family office, last year created a global investment group comprising six family offices from around the world, known as the Wigmore Association. The group is made up of family offices across North America, Europe and Australia. In addition to Pitcairn, other founding members include HQ Trust (Germany), The Myer Family Company (Australia), Northwood Family Office (Canada), Progeny 3 (US) and Sand Aire (UK).

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