Rebirth 79: I opened a bank in the United States

Chapter 681 Family Office

It is not the first time Carter has thought of adjusting the management structure to reduce the burden on himself.

From selecting assistant candidates to training, Carter has been doing this work.It's just that whether it's Anna's own sister or an outsider
Did you say she was an assistant?

Yes, after all, they all represent themselves in some companies that have decision-making power and voice, and are responsible for connecting with business managers.On the outside, they are their own representatives, helping themselves to take care of everything they have in that company.

This is the assistant!
But Carter always felt that he seemed to be playing a little too far.

That is, there is a lack of an overall management organization to help them manage comprehensive affairs.

"Wouldn't it be nice to have a family office? What a new thing!"

After telling Rick about his headache, the other party's performance was extremely flat.

"Please, what the hell am I, someone who doesn't even have a wife, I run a family office?! Isn't that too exaggerated?!"

"What does this have to do with whether you have a wife or not? It depends on the needs. If you think you need one, just get one, or pick an MFO to join and let them provide services for you."

"MFO?"

"A multi family office is a family office that can provide services for multiple family clients. The family office itself is a conceptual thing, and the actual form is mostly an investment company. It's just that the clients served are different, and they are more thoughtful. "

"What if it's just for me?"

Carter cringes at the thought of serving multiple clients at once.

It's not something like mental cleanliness, but Carter knows it very well.If I don't die halfway, then I am catching up with the era of the information revolution, and the upper limit of the future may not be lower than that of catching up with Rockefeller during the industrial revolution.

Compared to Bill Gates, the so-called richest man in the world.
Does anyone really think Rockefeller is poorer than him? !

Everyone knows about Laobi's assets, and even the anecdote that Gates' investment consultant persuaded Gates to reduce his holdings of Microsoft shares and diversify his investments, which resulted in huge losses.

After experiencing the feeling of being watched by the crowd just now, Carter found that he didn't like that.Moreover, too much wealth is too eye-catching.
Every move you make will be magnified.

Don’t you see that Ma Mou said “I’m not interested in money” and has been whipped to death on the Internet for many years without stopping
Entrusting his assets to the MFO, on the one hand, Carter worried about poor privacy protection; on the other hand, Carter had to admit that he has always been somewhat resistant to wealth management.

It's as if Gates was cheated by his own investment consultant in the future. It's true that Carter can't keep up with those professional traders when it comes to short-term operations and profits.

But what about taking a longer view?

For the future of 20 years, or even 30 years later, Carter is confident that no one can be as sure as himself!

Of course, the premise is that you don't disturb history too much
"It's okay, but the cost is very high. At least, lawyers, accountants, and investment consultants must pay high salaries; secondly, there are personnel in customized services and administrative staff. wait."

"In addition, if you only manage your personal wealth, then the total amount of funds is also limited. I don't need to say more about this. You also know that if the volume is small, then the profit is right? Then remove the transaction fee and management fee Wait, in terms of income, it is often not as good as MFO.”

"Of course, it's up to you to decide whether it's a good deal or not. Both SFO and MFO have their pros and cons, but for such an institution, I think you really have to look for it, or form it yourself. Dude, look at your college life, live it What does it look like? Don’t forget, we plan to go to the army together after graduation, then why are you running around like today?”

"Millions of dollars, is that enough?"

Carter is a little sore
Asset management is the same thing as military officers lead troops.More soldiers naturally have the benefits of more soldiers, but not everyone is Han Xin, the more the better!

From the perspective of the market, large-scale operations and small-scale operations are completely different things.With small sums of money, you can get in if you catch an opportunity, and get out when you make a profit.After all, the market doesn't care if the fart is more expensive.

But the big volume is different. If you want to buy, there may not be so many for sale in the market!Just like the case between HT and Pepsi, even if an agreement is reached, the ending will not be settled in a short time.

From my own point of view, my assets are not only scattered in the division of industries, but also from the north to the south in terms of geography, and even have my own investment and real estate on the other side of the ocean.It's really unrealistic to want to do everything!
Even for Microsoft, which he cares most about, Carter feels more and more powerless.This is not because of how difficult it is in business, but because every time the documents are reviewed, for the establishment of some project teams, the content of their research and development, I can't understand it myself.
Even if you want to roughly study the language and structure, and figure out what it is, it will take a lot of time.Not to mention, real estate is such a small head
If I remember correctly, I didn't even hire someone to clean the courtyard after I got it.I really don't have the energy to think about these things.
If he hadn't realized that he was powerless, Carter would not have thought of it.As for investment issues, relatively speaking, a single-family office seems to be more suitable for them.

After all, the leading management right is in their own hands, as for the cost.
"Basically, it depends on how you build the team. The core people should be higher, and the rest is up to you to choose the business. Specifically, don't ask me, don't you have friends in finance in New York and Boston? Ask them go!"

"What?! You want to do housework by yourself?!"

Family offices, it's like a lazy magic box.When the tiredness that had been suppressed for several years came up in his heart, Carter couldn't even wait for the weekend, so he picked a random afternoon when there was no class, and rushed to New York.

And just finished a day's work emmm, Julian, who was working on the surface, his eyes widened when he heard Carter's intention.

"Let me double check, did I hear you right? Are you going to set up a single-family office yourself?"

"That's right, I have this idea. This is not coming here for consultation, and besides. Hey, let's see if I can get some people from you!"

"Are you crazy?! You are now. Yes, I admit that you are rich now, but how old are you? Others Rockefeller is now a multi-family office. Are you sure you want to support such an entire wealth management by yourself, Even a personal service team?!"

(End of this chapter)