An interesting insight into how a family office works for one particularly business was provided by Brian White, the co-chairman of Australia’s biggest real estate group, Ray White. Speaking at the EY Family Business Summit in Monaco, Brian said the White Family Office was central to the smooth running of the family business. “Our ‘chief family officer’ has the power to say to other family members in the business: ‘look, I’m uncomfortable about this and I think it needs to be discussed more broadly’, and our family accepts that discipline,” said Brian
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