“The role of the “family office” in our society demands scrutiny.”
Yes, I was a bit surprised when I read this as well. The above headline was taken from a piece on the BBC website which refers to some research by Dr. Luna Glucksberg from the London School of Economics.
The full piece can be found by clicking on this link:-
Frankly, I find it quite astonishing. Admittedly I am somewhat biased as I deal with family offices on a day-to-day basis. Regardless of this, the last time I looked, we live in a democracy and provided one is operating within the law, individuals are free to look after their assets as they see fit. Depending on the activities of the family office, some will be regulated anyway (as well as certain professionals). Not particularly balanced and all rather ill informed.
Link to London School of Economics and the piece of research to which I refer:-
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