Jersey Finance interviews Amira Shaker-Bortman on changes in the family office space
In a feature for Jersey Finance, Amira Shaker-Bortman, Private Client Partner, discusses the professionalisation of family offices and evolving expectations for advisers.
As families become more internationally mobile and multi-generational, family offices are transitioning from informal entities to highly structured organisations. This shift is driven by:
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Regulatory pressures
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Complex financial markets
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Operational efficiency
Governance and compliance expectations differ between first-generation and multi-generational family offices and expectations for legal and tax advisers have evolved significantly.
Looking ahead, advisers will have to adopt a strategic role, integrating financial expertise with insights into family dynamics, philanthropy, and sustainability. They must adapt to technological advancements and regulatory changes, facilitating intergenerational dialogue and succession planning to ensure resilience and alignment with long-term goals.
Read the full piece in Jersey Finance here.
