The following video recorded in Germany by Richard C. Wilson, head of the Family Offices Group association, and it talks about mistakes that family offices he knows have made while creating a family office. If you make one of these mistakes you could lose time, or $10,000, $100,000 or $1M or more due to these mostly avoidable pitfalls that come along with starting a single family office, virtual family office, and in most cases a multi-family office as well. Feel free to get in touch if you would like help starting your own family office.

If you would like to learn more about family offices please consider picking up a copy of Richard’s bestselling book called “The Family Office Book: Investing Capital for the Ultra-Affluent.” You can get two chapters of it for free here: http://FamilyOfficeReport.com

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