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Virtual family offices - a global trend
The International Family Offices Journal
Vol. 1 - Iss. 2 pp. 5–13
Dec 2016
As the global proliferation and concentration of wealth continues to escalate, family offices have emerged as the best-in-class approach to achieving long-term wealth management and preservation. In recent years, virtual family offices (VFOs) have accounted for a high percentage of new family offices while some existing single family offices have been restructured into VFOs. These results reflect a clear trend within the wealth industry in the development and evolution of family offices.