Hugo Greenhalgh is the editor of FT Wealth magazine.
Families are often tempted by the idea of teaming up to pool expertise, but the reality can be less enticing than it sounds.
It can be hard for founders to let go of their businesses. But if the family firm is going to survive they’ve got to know when the buzz is gone.
Moving from a single to a multi family office means you can attract the best in the business, and more regulation is a small price to pay, says columnist Hugo Greenhalgh.
