The model
Bordier calls it a modular outsourced single-family office. The family stays in control of its office and its decisions, and the bank supplies the infrastructure, the expertise and the scale behind them. Services are taken one at a time or as a whole. Two consequences matter when you are comparing it with building the function in-house. It requires no change to existing banking relationships and no new accounts. And it sits inside a regulated banking framework, with multi-custody capability and open architecture across asset classes.The four services
Each is described in full on Family Services.
Setting up in Singapore
Bordier & Cie (Singapore) Ltd holds a full banking licence, acts as the group’s hub for Asia Pacific, and supports families through the process of establishing a family office in Singapore. See Bordier in Singapore.Why the bank understands the problem
Bordier is a family business, owned and managed by the fifth generation of the family that founded it in 1844. It has run its own succession across five generations, which is the same problem its family-office clients are solving.Related
- Family Services, the full description of the four services.
- Bordier in Singapore, the licensed bank and Asia Pacific hub.
- Govern, on written decision rights and the standing body that applies them.
- Institutional memory, on what a family loses when knowledge sits in one head.
General information only. Not investment advice, not a solicitation and not an offer. Eligibility, services and terms differ by jurisdiction and by client. Speak to your banker about your own circumstances.