The Family "Peoples" Office™
Where Family Comes Before Office
"As Goes the Family, So Goes The Family Office" - Mark R. Demos Co-Founder The Legacy Forum
The success of the Family Office is intricately linked to the wellbeing of the family it serves. When the family demonstrates resilience and growth in the face of considerable challenges and risks, the Family Office likewise prospers and it's overall capacity is strengthened. Conversely, losses and a weakening experienced by the family and it's members will not only impede the effectiveness and success of the Family Office, but is likely to be the cause of it's demise.
If an individual family member does not achieve their full potential, this may limit the overall achievements of the Family Office. Issues like succession management are profoundly affected by problems like this as much as character.
Ultimately, the family's actions and circumstances directly influence the performance and outcomes of the Family Office. The often quoted "Shirtsleeves to shirtsleeves" refers to those of the family's wardrobe and not the Family Office.
Family Offices and Wealth Managers have long been viewed as the architects and protectors of enduring financial wealth and Legacy. They are not. The most reliable predictor of enduring prosperity and effective wealth management is almost exclusively rooted in the ongoing growth and protection of the family and it’s individual members, aka, "People".
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That is why The Legacy Forum launched their proprietary Family People Office™ in 2025.
The Impact of The Family People Office™ (FPO™) on Wealth Management
The Launch of The Family People Office™: A Transformative Moment in the history of Wealth Management.
The introduction of The Family People Office™ (FPO™) by The Legacy Forum™ marks a pivotal turning point in the evolution of Wealth Management and Family Office services. This groundbreaking initiative is fundamentally reshaping the industry, bringing about a radical redefinition of what it means to manage and preserve family wealth. In an era often characterized by the use of bold language, the FPO™ truly embodies terms such as “cutting-edge” and “disruptive paradigm”, signifying a shift whose time has indisputably arrived—particularly as The Great Wealth Transfer comes into focus.​
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​The Great Wealth Transfer - A Defining Context
The Great Wealth Transfer, estimated at an astonishing $124 trillion, is poised to unfold over the next two decades. This significant transition will see wealth moving from the Baby Boomer generation to the Next Generations, with $16 trillion specifically being transferred to Ultra-High-Net-Worth (UHNW) individuals and families. The scale and speed of this transfer represent an unprecedented moment in the history of Wealth, demanding innovative strategies and structures to navigate the complexities involved.
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A New Era of Wealth Management
This monumental shift is already underway, signaling profound changes in how wealth is protected, invested, deployed, and philanthropic endeavors are approached. The introduction of the Family People Office™ (FPO™) is both timely and necessary, as it responds directly to the evolving needs of families during this period of massive transformation. By placing people at the center of the wealth management equation, The Legacy Forum™ is setting a new standard for the industry and guiding families toward long-term success in an ever-changing financial landscape.
"We spent decades accumulating financial capital, only to realize belatedly that we had neglected investing in our family capital. The sustainability of the former is ultimately determined by the latter".
(Wealth Manager Unidentified)​​​​​
Our Story
Who We Are
Family Office Approaches Dealing With The Great Wealth Transfer​​​​​​​​​​​​​​​​
​The most recent work of Family Offices and Wealth Managers has been focused on finding answers to the great opportunities and challenges presented by The Great Wealth Transfer. They have sought to find new and innovative answers to: improve family governance, succession planning, intergenerational communication, more comprehensive and engaging financial education for family members, using words like “Holistic” and "Well-Being" and clarifying Family Mission.
These are all positive attempts. They are all important issues which The Legacy Forum™ with our knowledge of and relationship with family members, can collaborate on and make positive and substantive moves forward.
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The Problem Cannot Be Solved Alone​
The problem is the well-defined Fiduciary constraints that Family Offices and Wealth Managers have. They know they are bound by their professional ethics to stay in their lane. The reality is Family Offices can only do half the work that UHNW individuals and families need for essential survival, well-being and success. They simply they cannot solve the problem alone.​
The IRS and SEC Said, "You Can't Touch This"!
You Can't Touch This...
BUT
The Family People Office Was Designed To Be Your Other Half.
We also Do Great Things.
You Do Great Work and Are Trying To Touch Those Things That Are Verboden!
You Can't Touch This...
BUT
The Family People Office™ Can. Not a Partnership, But a Collaboration for the Most Essential Elements of Family Legacy.
The Family People Office™ CAN!
We Baked The Rest of The Pie.
The Family 'PEOPLE' Office™ (FPO™), building upon this foundation, revolutionized Wealth Management with their new model. This approach views the family, and individual family members themselves, as the primary assets. The FPO™ model assesses: individual family members talents, clarifies values, faith, virtues and character traits, monitors well-being, identifies relationship strengths, and integrates the historical personal legacies of family members so as to offer a holistic framework that complements financial management and supports the long-term strength, health and Family Legacy.
Family Office Approaches Dealing With The Great Wealth Transfer​​​​​​​​
This website is designed for both UHNW individuals and families, as well as Family Offices and Wealth Managers. Our clients benefit from the combined expertise of our respective disciplines and jurisdictions. While we do not perform the specialized work of Family Offices and Wealth Managers, they cannot provide the unique services we offer. By collaborating, we can establish a unified and Total Family Wealth Management™ experience.
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Fiduciary responsibilities require that Family Offices and Wealth Managers focus on their core financial expertise, just as we maintain our specialization in people-centered solutions. We recognize and respect these professional boundaries. There are clear advantages to working together in whatever ways best serve the long-term needs of our clients. By exploring ways to collaborate, we can help facilitate the creation of great and enduring Legacies for the families we serve.
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We believe a New Era of Wealth Management and The Family Office has arrived. The Family Financial Office™ (FFO™) and The Legacy Forum's™ Family People Office™ (FPO™) together form a model capable of meeting the emerging challenges and opportunities in the world of Wealth Management. Total Wealth Management, or the Total Family Office™ (TFO™), provides a path forward for exploring and addressing these new realities.
The Family 'PEOPLE' Office™ (FPO™), building upon this foundation, revolutionized Wealth Management with their new model. This approach views the family, and individual family members themselves, as the primary assets. The FPO™ model assesses: individual family members talents, clarifies values, faith, virtues and character traits, monitors well-being, identifies relationship strengths, and integrates the historical personal legacies of family members so as to offer a holistic framework that complements financial management and supports the long-term strength, health and Family Legacy.
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"The greatest legacy one can pass on to one’s children and grandchildren is not money or other material things accumulated in one’s life, but rather a legacy of character and faith."
Billy Graham