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Topic guide

Family Office Management Scorecard

A management scorecard is a short self-review. The family rates each part of its office from weak to strong and uses the results to decide what to fix first. There is no outside assessment to sign up for; the areas below come from the 12-part series.

AreaWhat strong looks likeRead
PurposeWritten mission, values and goalsPart 2
StructureClear entities, location and servicesPart 3
ProvidersVendors chosen and reviewed against written criteriaPart 4
PortfolioA defined model and strike zonePart 5
GovernanceWritten rules for decisions, money and family rolesPart 6
PeopleThe right first hires and fair payPart 8
ControlsDual approval, reporting and recordsPart 9
OversightInvestment committee or advisory boardPart 11

The resources page has the worksheets that go with each area.

Educational only. Nothing on this site is investment, tax, legal, accounting or other professional advice, or a recommendation on any security, manager, structure or allocation. Speak with qualified professionals before acting.