The concept of family offices did not gain widespread recognition among people until about five years ago. However, in recent years, we have witnessed rapid growth in their activity, with many families seeking to establish family offices and gradually distributing their wealth across global markets.
Family offices face many challenges arising from various factors, such as taxes, interest rates, and geopolitical fluctuations, which require a high level of expertise in wealth management.
At The Family Office, our focus is not on generating wealth but on preserving and growing it. We adopt the endowment model, which relies on long-term, diversified investment funds designed to minimize risks and enhance the sustainability of wealth, ensuring its transfer across generations.
The Gulf region enjoys substantial wealth due to oil, along with a new generation that is ready to utilize modern technological tools such as the internet, artificial intelligence, and more.
Watch the full interview above.
