{
  "docId": "019dd923-5e88-73ef-bd58-d60590226592",
  "docSlug": "4dabb861968e8184",
  "documentTitle": "ey family office study client deck asia pacific",
  "authorId": "MorganStanley",
  "authorName": "EY",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.707,
  "pageNumber": 10,
  "pageCount": 64,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "situation_overview",
  "function": "establish_context",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "Part of EY Family Office Guide.",
  "elementsJson": [
    "bullet_list",
    "paragraph",
    "photo"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd58-d60590226592/10",
  "deckHref": "/decks/019dd923-5e88-73ef-bd58-d60590226592",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-d60590226592.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-d60590226592#slide-10",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "When considering establishing a family office, some can see potential positives as negatives. This tends to be particularly prevalent in the following areas:",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-3408-77db-b486-1d39bf2570ad",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.45,
        "x": 0.51,
        "y": 0.33
      },
      "kind": "image",
      "text": "Hand writing with a pen on a document",
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c5021040-aa47-4d20-8c92-51a0593de216",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.45,
        "x": 0.05,
        "y": 0.72
      },
      "kind": "list",
      "text": "Expectations on returns: Ultimately, family offices rely on their longevity through ensuring wealth preservation. This difficulty of securing market returns in recent years has led to some tension.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "11b99708-d53b-459c-b77a-62f329e7a761",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.05,
        "y": 0.54
      },
      "kind": "list",
      "text": "The preference for privacy: Some families may be hesitant about consolidating their wealth information through a centralized family office structure.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1993006c-8bfa-4786-9d89-5f9df0d7d858",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.05,
        "y": 0.63
      },
      "kind": "list",
      "text": "Trust of external managers: Setting up a family office is typically contingent on the level of trust and comfort families have with external asset managers.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5603e734-0814-4a45-98e1-611d33ebcb5d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.45,
        "x": 0.05,
        "y": 0.33
      },
      "kind": "paragraph",
      "text": "The multi family office offering. To address the problem of the high operating costs of a family office, families often set up multi family offices (MFOs), in which several families pool their wealth together.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4683b878-eaa7-4978-87a9-5b547525724d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.45,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "paragraph",
      "text": "8 EY Family Office Guide Pathway to successful family and wealth management",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8e6c9897-dfd5-4c12-bc81-7d158558c65f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 10,
      "from": 6,
      "beatId": "47901565-5967-43b1-8229-c9232413a38c",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The deck highlights the complexities of family office management, including make-or-buy dilemmas.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}