Outsourcing is a powerful and flexible option for family offices that can complement and extend existing operations to better meet family needs. While philanthropy plays an important role in family legacy and cohesion, having in-house charitable giving expertise and support are beyond the reach of many family offices. By outsourcing philanthropic services, family offices can remain competitive and focus their internal resources on core functions that preserve and enhance the family’s wealth.
These are the top eight reasons why family offices are seeking outsourced assistance with philanthropic products, services and solutions.
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