Consultancy to publish multi-family office report

FWR Staff

8 June 2006

Family Wealth Alliance goes it alone with a new, more in-depth MFO survey. The Family Wealth Alliance (FWA), an Oak Brook, Ill.-based consultancy to high-net-worth families, has pulled its annual survey of U.S. multi-family offices from Wealth Manager magazine and plans to publish the report on its own later this year.

The decision comes several months after Bloomberg sold Wealth Manager to Highline Media, a small trade publisher funded by New York-based Spire Capital.

More detail

"There isn't a study like this one available anywhere," says Tom Livergood, CEO and founder of the FWA. "And this year it will be a lot more in-depth and detailed."

Livergood adds that FWA is working with former Bloomberg Wealth Manager editor Robert Casey to sift through data from hundreds of firms and craft the third annual multi-family office report. "Last year, 69 firms were listed and more than 130 participated," he says. "We expect an even larger number of firms to take part in our study this year."

Firms holding back from participating in the study out of concern fro the clients' privacy have nothing to worry about, says Livergood. "Because we are asking about sensitive and private information, no firm's individual information will be shared with anyone outside our project team" - except of course the responses to the questionnaire itself.

Multi-family offices interested in taking part in the survey can write Amy Miller or call her at 630-684-2210. -FWR

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