{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"When Does a Family Business Need a Family Office? | The Family Biz Show Ep. 112","description":"You\u2019ve built something valuable. Now the question is: how do you protect the wealth, the family, and the legacy behind it? \u201cDo we need a family office?\u201d \u201cAre we too complex for our current advisors?\u201d \u201cHow do we prepare the next generation?\u201d \u201cWhat happens when wealth, business, family, and legacy all collide?\u201d This conversation gives you the answer. In this episode, Peter Moustakerski of Family Office Exchange helps you understand when a family business may need a family office, what a family office actually does, and why the decision is about more than money. He explains why complexity, family structure, governance, trust, communication, and long-term purpose all matter when deciding how to support a successful family enterprise. Peter brings deep experience from the family office world, including his work helping build the Dalio family office and his current role leading Family Office Exchange. His perspective gives family business owners and advisors a practical look at single family offices, multifamily offices, virtual family office models, and the trusted networks families need as their wealth and responsibilities grow. The core insight is simple: a family office is not just an investment office. It is a structure designed to support the family\u2019s financial life, decision-making, education, philanthropy, governance, and long-term wellbeing. You\u2019ll hear how to think about cost, complexity, advisor collaboration, peer learning, and the human side of family wealth. Peter also explains why families should clarify their goals before building technical solutions. In This Episode, You\u2019ll Learn: Why wealth alone does not determine whether you need a family office How family complexity changes the type of support you need Why single family offices and multifamily offices serve different needs How trusted advisor ecosystems help families avoid costly blind spots Why purpose, communication, and governance matter as much as financial planning You do not need to have every answer today. But you do need a better way to think about the future of your family, your business, and your legacy. Listen and learn more at: https:\/\/www.familybusinessflywheel.com\/podcast ","author_name":"The Family Biz Show","author_url":"https:\/\/www.familybusinessflywheel.com\/podcast","html":"