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      "text": "Current and former family members; Certain key employees of the family office and, under certain circumstances, former employees; Charities funded exclusively by family clients; The estate of a current or former family member or key employee...",
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      "text": "The Advisers Act. The definition of \"solely incidental\" as applied to the professional services exception provided only limited coverage for family offices due to the lack of a bright-line test to determine its applicability.",
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      "text": "Investment adviser registration, 2011 and thereafter. In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank).",
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