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SFO Outsourcing, Consolidation Grows
08/26/2009
--Andrew Bloomenthal
As wealthy families transfer power to the next generation of leadership, many are letting go of in-house staff in a move to cut costs, and are instead turning to outside professionals for ancillary services like accounting, taxes, philanthropy, mission statements, and governance, according to a recent study commissioned by Rothstein Kass and conducted by Russ Alan Prince and Hannah Shaw Grove. Family offices are also migrating from the single family office ...
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