In the world of wealth management, one temptation can be costly: that of constantly adjusting one's strategies in the face of global uncertainties.
For François Mollat du Jourdin, founder of multi-family office MJ & Cie, one of the most costly mistakes is to change course too often. On the other hand, too rigid an organization can also be a hindrance. The key is to strike a balance between strategic discipline and adaptability.
Founded in 2001 and now based between Paris and Geneva, MJ & Compagnie has been supporting a deliberately limited number of families and entrepreneurs for the past twenty-five years.
But for François Mollat du Jourdin, reducing the role of a family office to asset management alone would be profoundly simplistic. Wealth is rarely simply a financial accumulation: it is more often than not the fruit of an entrepreneurial and family adventure, built up over generations.
In this context, the family office also contributes to structuring family governance, giving meaning to wealth and associating the different generations in a common project.
This approach reflects the evolution of today's large families, marked by more international estates and an intergenerational dialogue that has become central to the transmission of wealth.
This article has been automatically translated using Breeze, powered by DeepL.