Outsourcing dilemma


The choice should fall to the individual family, believe family office directors.

“It’s totally up to wealthy families what they do. It’s their money,” says Lord North Street co-founder William Drake.

He says Lord North Street outsources quite a lot of the services it provides to its clients and is “not pretending to be experts at everything”.

However, a family office does not need to outsource everything, according to Drake. Indeed, some of the richest families might manage their wealth better

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: