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The objectives of ENFO are:
- To share experiences, information
and challenges amongst European and non-European family offices ;
- To promote relationships
with other similar networks in other countries ;
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To contribute to the development of family office activities in Europe ;
- To disseminate their culture
and professional ethics ;
- To define some “best practices”
rules ;
- To facilitate the availability,
top-level competence and business knowledge of the various members of the network
for large private capital and families ;
- To promote and bring added value
to the relationships of the family offices and their service providers ;
- To assist legal entities and
natural persons to establish independent or single family offices.
In the context of ENFO, the definition of a family
office is as follows:
An independent company in charge of the consolidation, control, analysis and management
of the assets constituting the capital of private families. More generally in charge
of independently advising wealthy individuals, families and/or family members in
the management and administration of their wealth, financial or not.
Family offices can also provide convenience services, family advisory and mediation
services as well as any type of service dedicated to private wealthy individuals/families
regarding family wealth preservation and administration. Family offices serve and
advise independently. Their clients are the only source of income.
By signing the Memorandum and Articles of Network, the subscribers become members
of the network.
The company works directly for the clients, as a third-party service provider, and
looks after the development of partial or full administration of their assets and
liabilities as well as all other sorts of capital.
Members of the network can be:
- Independent multi-family offices
which are working for several different families.
- Companies providing independent
Family office services are allowed to become members of the network. Members
should have limited liability.
Disclaimer
Enfo -
Louizalaan 475 -
1050 Brussels - Belgium -
Tel.: +32 (0)3 218 11 18 -
Fax: +32 (0)3 218 11 19 -
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