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Mid-range funds may actually be better suited for some family offices.
When you’re evaluating outside vendors or services for your family office clients, is the size of the company you re looking at one of your important considerations?
It was a crucial screen for my late husband, Frank Perdue, the poultry magnate. Before choosing any kind of outside company that he’d be working with, whether financial, design or lobbying, he paid a lot of attention to the size of the company he’d be hiring.
At this point, you might wonder “Why wouldn’t he always go with one of the largest, most prestigious companies? Ones that are dealing with billions of dollars?”
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