The benefits of single family office are services that are highly tailored to families' needs and values, including legal compliance and aligned investment philosophy. On the contrary, this entity is expensive to run and is mostly suitable for families with a significant wealth.
Single family offices offer specialized services that cater to the distinctive requirements and priorities of high-net-worth families, encompassing regulatory compliance and aligned investment philosophies. However, these entities are expensive to maintain and typically reserved for families with substantial wealth.