Hall T. Martin’s Post

Operational Excellence is a foreign word in Family Offices! Sounds like provocative- could be! That’s just a spotlight from a conversation with a Principal and Entrepreneurial Wealthcreator! He was expressing his perspective: „Look at the most Gen1 Family Offices, very few have clear idea what they actually doing. The dumbest thing what the most Entrepreneurs doing is, they don’t invest in Sectors they are coming from, they understand very well! Very few have a clear Investmentphilosphy and in many many cases, they have hired a Family Office without any sense in strategic thinking! And the funny thing is often the term -if you have seen one Family Office, you have seen one family office - when we stop this kind of nonsense? Why we treat us as snowflakes? Often this kind of nonsense comes from Family Officers and I can’t understand this. My advice to some of my colleagues is often, in the case your Family Officer approach you with this snowflake nonsense- fire him immediately! What we need instead is a discussion about operational excellence in Family Offices! In Most Family Offices, Operational Excellence is a foreign word. We need more educational platforms instead these pay per play family office „conferences“ - these kind of conferences don’t deliver value - period!“ 💥 Boom - that was a statement, which is rare! But apparently needed! #centimillionaire #C100Global

Though family offices are becoming increasingly prominent investors, they are also taking a cautious approach, focusing mainly on medium-sized deals undertaken jointly with other investors. Read about it in our latest report on family office deals.

𝘞𝘩𝘦𝘳𝘦 𝘥𝘰𝘦𝘴 𝘧𝘢𝘮𝘪𝘭𝘺 𝘦𝘯𝘥, 𝘢𝘯𝘥 𝘧𝘢𝘮𝘪𝘭𝘺 𝘰𝘧𝘧𝘪𝘤𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘴𝘵𝘢𝘳𝘵? When we interviewed three family office market leaders, running a family office with a comparable level of rigor as a small ASX listed company was seen as the preferred way to avoid the pitfalls of mixing family (and friends) with wealth creation. For example: - Appropriate remuneration and carry to attract dynamic executives. - Using the right outsourced functions for the right role, aiming to avoid duplication and establish accountability.  - Identifying gaps in networks to source and analyze investment opportunities. A surprise for many family office founders is the 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐞𝐧𝐞𝐫𝐠𝐲 needed to manage people and relationships. A lack of discipline was identified by our panel as the most dominant reason behind the failure of family offices. In Koda’s white paper - 𝘛𝘩𝘦 𝘍𝘢𝘮𝘪𝘭𝘺 𝘖𝘧𝘧𝘪𝘤𝘦 𝘔𝘰𝘥𝘦𝘭: 𝘢𝘯 𝘪𝘯𝘵𝘳𝘰𝘥𝘶𝘤𝘵𝘪𝘰𝘯 (with Sean Abbott) we discuss the options available to mitigate this risk. From fully insourced to fully outsourced structures and the – most important – 𝐅𝐢𝐫𝐞𝐰𝐚𝐥𝐥. Read our earlier posts: https://lnkd.in/gnt7xG6D https://lnkd.in/gh3YzJKi #independentfinancialadviser #diversification #responsibleinvestment #familyoffice #professional

Family offices are becoming more prominent investors, but also cautious in uncertain times. They’re focusing on medium-sized deals with other investors. Find out how else they're navigating uncertainty in our latest report on family office deals.

Family offices are becoming more prominent investors, but also cautious in uncertain times. They’re focusing on medium-sized deals with other investors. Find out how else they're navigating uncertainty in our latest report on family office deals.

Family offices are becoming more prominent investors, but also cautious in uncertain times. They’re focusing on medium-sized deals with other investors. Find out how else they're navigating uncertainty in our latest report on family office deals.

Explore the World of 𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟𝐟𝐢𝐜𝐞𝐬: 🏛️ Unveiling Types and Strategies  Discover the intricacies of private wealth management and learn how to align with the right family office for your #capital goals. Many assume all family offices are the same, but this couldn't be further from the truth. From Single-Family Offices (SFO) to Virtual #FamilyOffices (VFO), each has its unique approach, and understanding these nuances is crucial for successful capital-raising efforts. Ready to explore the world of family offices and unlock new possibilities for your capital ventures? Click below and find out everything you need to know! 🌐💼 🌐 https://cutt.ly/WwYzsjyN

The first question is not “𝘏𝘰𝘸?”, but “𝘞𝘩𝘢𝘵?” When we interviewed three family office market leaders, this was the overwhelmingly strong message. As a family office can mean so many things to different people, the wrong structure can be costly in time, money and 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬 𝐭𝐡𝐚𝐭 𝐚𝐫𝐞 𝐝𝐢𝐟𝐟𝐢𝐜𝐮𝐥𝐭 𝐭𝐨 𝐫𝐞𝐩𝐚𝐢𝐫. In our discussion with the experts, we uncovered that a 𝐦𝐢𝐬𝐚𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐨𝐟 𝐩𝐮𝐫𝐩𝐨𝐬𝐞 was often the reason for failure. It is rarely a path mapped with precision. Instead, many family offices are established as a: 1. place to receive advice, and act on only pieces of it; 2. means to find a purpose; or 3. very expensive bookkeeping operation. In Koda’s white paper - 𝘛𝘩𝘦 𝘍𝘢𝘮𝘪𝘭𝘺 𝘖𝘧𝘧𝘪𝘤𝘦 𝘔𝘰𝘥𝘦𝘭: 𝘢𝘯 𝘪𝘯𝘵𝘳𝘰𝘥𝘶𝘤𝘵𝘪𝘰𝘯 (with Victoria Lindores) we discuss the importance of understanding the motivation behind a family office set up, the good and bad reasons to start a family office and why appreciating the power of “𝘐 𝘥𝘰𝘯’𝘵 𝘬𝘯𝘰𝘸” can be the founder’s greatest decision. Read the full paper here: https://lnkd.in/gNZ3U6Kq

Volume 6 of Embracing Emergence is now live! Sharing some insights from my time establishing the LP strategy for a family office. Check it out below ⬇️ https://lnkd.in/gRByt4Sp

What to look for in a Family Office Joint Venture Partner? Enter your information: https://lnkd.in/gSmZMArQ Are you on the hunt for the perfect joint venture partner? Family Office Real Estate Institute's latest free report reveals the five critical factors every Family Office must consider. From aligning values to ensuring financial transparency, this guide is your roadmap to collaborative success. Enter your details below to gain exclusive access and start forging partnerships that propel you toward your family office real estate investing goals. Don't miss out on these expert insights – your next successful venture awaits! Get ahead in the real estate game! Click below to grab your FREE report and learn the top five essentials for finding the ideal Family Office Joint Venture Partner today. Your strategic partnership journey begins here with Family Office Real Estate Institute. 🌐 https://lnkd.in/guPXVjZq #FamilyOfficeREI #JointVentureSuccess #RealEstatePartnerships#famillyoffice #familyoffices #realestate #foreinstitute #realestateinvesting #multifamilyoffice #familyofficerealestate