December 2012
The task of managing complex, expensive, and relatively new businesses is complicated by the lack of good benchmarks. How profitable are these businesses? How efficient? Although opinion, speculation and anecdote are plentiful, these fundamental questions lack precise answers.
FOX’s Multi-family Office and Wealth Advisor Benchmarking aims to answer these and other critical questions. The goal is simple: provide the industry with high-quality data that enable management teams to make better decisions and communicate more effectively with stakeholders.
This is an abridged version of the 2012 report.