The question regarding the minimum asset size for which a family office could be installed is a question about the cost of running a family office. It can not be answered in a generalized way. The needs and requirements of the clients are too individual for that. Nevertheless, there are a few guidelines to help you find your bearings: in principle, setting up a single family office involves significantly higher costs than mandating a multi-family office – generally, family-owned structures require a mid three-digit million euro amount.
With multi-family offices such as Kontora, it depends on the scope of the desired services. A mid double-digit million figure should be available for comprehensive asset management including consulting, investment activities and portfolio monitoring. A commitment that is limited to several individual investments can already make sense with an investment volume in the lower double-digit million euro range. There are no barriers to entry for consulting services; these are billed by Kontora on an hourly basis.