The Family Office Industry: A Trillion-Dollar FRAUD

by Andrew Schneider
By Andrew Schneider | Founder & CEO, Family Office Networks
How Many Of You Can Tell Me What a family office is?
How many of you work for a family office, know someone in one, or have been involved in the industry for over five years? If so, you’re likely aware that family offices are some of the most sought-after entities for exclusive investment opportunities—and, of course, luxury purchases.
The industry has grown over 90% in just the last three years, and it feels like everyone is suddenly “connected” to a family office. But here’s the real question:
What is a family office?
It seems simple, right? Yet after asking hundreds of top bankers, lawyers, accountants, and wealth managers, not a single person gave the correct answer. In fact, no two answers were the same.
That’s not a coincidence. This is where the problem—and the fraud—starts.
I’m going to show you:
      1.    What a family office really means
      2.    How it became a $10 trillion industry
      3.    How some family offices exploit their status
      4.    Who the victims are—or who they will be
      5.    How to protect yourself and get ahead of the risk
      6.    Why this must be addressed before it becomes systemic
The reality is harsh: once you understand what’s really happening, it will be hard to view family offices the same way.
If you agree that this is a massive fraud, or even want to discuss what I’ve uncovered, reach out to me directly at andy@fonmc.com.
Read carefully. Decide for yourself. The family office world may not be what you think—and it’s bigger, riskier, and more opaque than anyone has ever admitted.

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