Latin America family offices are emerging in different corners of the financial markets and clearing new paths into the regional and global financial markets. Economic development and the commodities have incited a creation of wealth in the region and institutions behind Latin American families' wealth have flourished.
Attorney Robert Pupo said, "Legal counseling, tax and fiscal reporting and markets research are among the range of services sought to support these outfits. A common challenge for family offices is establishing a clear governance structure within the family, a process of decision making, an understanding of how they will operate the business going forward, as well as general office management."
READ: Wealth Management Family Offices: Growing Force (subscription may be required)
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