A growing number of families are choosing to set up a family office in order to protect and manage their family wealth in a structured manner. While an individual family office is not for everyone, it can provide wealthy families with a sense of comfort that their affairs are being looked after in a more personal manner that suits their individual needs.
Across PwC’s global network of firms, we can help families with their family office functions, from set-up to providing ongoing or transactional support to a more established office. Whether the family has recently realised the need for a family office function or they wish to formalise a range of services they already receive, we are perfectly placed to assist them with establishing the right family office that suits their needs. We can help build your governance processes or review them to ensure that your structure is working in line with your expectations.
Family offices may not always have, nor need, the resources in place to deal with each transaction or risk that arises. As the complexity of the global regulatory environment increases, so does the burden on the individuals managing a family’s assets. We work with family office representatives and other advisors on a daily basis to ensure that they are getting the most up-to-date support with the tasks that cannot be handled in-house.
Family offices can be particularly valuable to clients who are public figures or who have strong concerns regarding confidentiality. We understand these motivations and can provide support around managing your privacy, including an analysis of your cybersecurity risks.
Across PwC’s global network of firms, we can help families with their family office functions, from set-up to providing ongoing or transactional support to a more established office.
Africa PCS Leader, PwC South Africa
Tel: +27 (0) 11 797 6101
Africa Family Business Leader, PwC South Africa
Tel: +27 (0) 13 754 3357
Senior Manager, PwC South Africa
Tel: +27 (0) 21 529 2754