FAQ

The Family Office Africa, acting as a resource to ultra-high-net-worth individuals (UHNWI’s), offers a total solution to managing your family’s financial and investment needs. We offer a broad range of solutions right from drawing up family constitutions, assisting with intergenerational wealth transfers and succession planning. Given the complex nature of wealth, you may find it helpful, to seek assistance from us to help manage your assets for intergenerational succession. We are here to help.

Some call it “shirt sleeves to shirt sleeves in three generations” or “camel herder to camel herder in three generations,” depending on where in the world you find yourself. It happens when family wealth is accumulated by the first generation (founders), saved by the second generation and ultimately squandered by the third generation. This phenomenon has been observed globally, often causing the fragmentation of the family wealth. To be successful, Family Businesses must act prudently. We exist to assist you.

Every family, not to mention Family Business, has its own unique issues. While some struggle with the replacement of a charismatic founder, others find it near impossible to co-exist among themselves. A key question keeps surfacing. How do you succeed as a Family Business? According to The Family Office Africa, the key elements lie within these three strategic areas along with finding the right balance within family relations . You must begin by Examination. Examine the family business history. Then comes Exploitation. Exploiting the current business landscape along with its many opportunities. Next, you must Explore. Explore the future and ride on the back of technology as an enabler to capture the ‘blue ocean’ spaces. It is imperative to be sensitive to family values and address succession planning to propel the business forward.

At The Family Office Africa, we seek to establish a multi-generational partnership with you, your family and the Family Business.

Through collaboration, we power you for success, embarking on a journey of significance, making impact and building a defined legacy.

We have customised services that cater for your family’s vision, mission and goals. We tailor our offerings, focusing on the essential areas for the success and sustainability of your Family Business. These are:

• Inter-generational Wealth Transfer assistance for Family Businesses 
• Building robust governance systems
• Implementing succession and estate planning strategies