By Beata Kuczynska | Professional Planner – April 29, 2025
Outsourced family offices are much more cost-effective as the adviser – or advisers – are able to provide a broad range of services, removing the constraints of family offices.
Integro Private Wealth managing partner Justin Gilmour tells Professional Planner family offices are realising they need a broader skill set to operate effectively in markets and are turning to outsourcing for these services.
“The need for [outsourcing] services is increasing, and that’s difficult to resource internally within one single family office,” Gilmour says.
Gilmour says this is especially true for single-family offices, which focus on an individual or family, as it is difficult for these offices to have the depth and breadth of the experience across different asset classes.
