From: Eileen Alexanderson To: "Jeffrey Epstein ([email protected])" <[email protected]> Subject: FW: FOA White Paper "Creating a Single Family Office to Manage Wealth and Sustain the Family" Date: Tue, 28 May 2013 14:22:04 +0000 Attachments: fyi From: Angelo J. Robles [mailto: On Behalf Of Angelo J. Robles Sent: Tuesday, May 28, 2013 9:23 AM To: Eileen Alexanderson Subject: FOA White Paper "Creating a Single Family Office to Manage Wealth and Sustain the Family" Good Morning: Attached is our latest and among our most comprehensive ever Family Office Association (FOA) white papers titled: "Creating a Single Family Office to Manage Wealth and Sustain the Family." Written by Angelo J. Robles and Amy Renkert- Thomas. Abstract A Single Family Office (SFO) is a private company of professionals who are dedicated exclusively to the investment, personal and legacy needs of one family. The concept of an SFO can be traced back to the Roman major domus (head of the house) and the medieval major-domo (chief steward) as well as the British landed estate. The modem SFO originated in the 19th century by family dynasties who accumulated significant wealth created during the American industrial age. Interest in SFOs has grown during the last twenty years with a new wave of worldwide wealth coupled with global economic turmoil of the past decade. Extreme volatility, banking and business failures and investment fraud, has motivated many families of significant wealth to take control of their financial affairs and preserve their family legacy. While a number of wealth management firms call themselves "family offices," this white paper focuses on the "Single Family Office" or SFO—a privately-owned and-run wealth management firm developed for one family. Each SFO is as unique as the family who founded it. As the saying goes: "If you've seen one single family office, you've seen one single family office." About FOA The Family Office Association (FOA) is the