At the Family Offices & Asset Management Summit (FOAM), a key question emerged: is the family office profession sufficiently framed to meet the growing expectations of Europe's leading families?
In this interview, Diego de Potter, Managing Partner of Family Partners and Vice-Chairman of the Belgian Family Office Association(BFOA), provides a clear reading of the professionalization of the sector.
In several countries, the absence of a legal framework encourages heterogeneous practices and sometimes confusion between independent advice and product distribution. Professional associations thus play a key role in establishing standards of ethics, independence and rigor.
Beyond this structuring, the modern family office must respond to increasingly complex challenges: family governance, transmission, international mobility of assets, geographical diversification and digital transformation.
For Diego, sustainable performance depends above all on the quality of the teams and their ability to mobilize cross-functional expertise to support several generations.
An enlightening exchange on the evolution of a business that has become strategic for major European families.
This article has been automatically translated using Breeze, powered by DeepL.