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  "documentTitle": "ey family office study client deck asia pacific",
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      "text": "Higher levels of confidentiality and privacy; Assurance of independent and trusted advice; Consolidated management of family wealth; Development of skills specifically tailored to the family's needs; Greater and more direct family control over its wealth; Keeping investment knowledge within the family; Assurance of optimal goal agreement.",
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      "text": "Reduced costs and overheads, and improved staff productivity; Economies of scale; The benefits of objective advice; Help with defending the family office's regulatory independence; Due diligence and continuous monitoring.",
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      "text": "Given these considerations, it is crucial to obtain the right balance and to identify those services best suited for management in-house. Many factors involved in the make-or-buy decision are specific to the setup chosen for the family office, in particular:",
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      "text": "Even the largest family office in terms of assets under management will need to assess whether or not to outsource services. Outsourcing certain services can be beneficial from a cost-efficiency and know-how perspective, offering advantages to family offices that include:",
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