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This article portrays the relationship between family dynamics and the structure of the family office. Further, it illuminates the influence family dynamics and governance have on wealth management decisions. This is the first of three articles examining the relationship between family dynamics and wealth management. Subsequent articles will offer a deeper exploration of generational dynamics and how the structure of relationships between family members, represented by the structure of the family office, influences the various aspects of wealth management.
Lisa P Gray (Sun,) studied this question.