Multi Family Offices, which serve several wealthy families, are more cost-effective than Single Family Offices, which work for just one family only. They can use economies of scale and pass on price advantages to their clients. The fee is usually a percentage of the assets under management. The amount varies depending on the assets, but usually ranges from 0.5 percent to 1.0 percent per year.
The services offered by Kontora go beyond mere asset management. Accordingly, the accounting model is more differentiated: Consulting services are offered for an hourly fee, support in the search for and due diligence of investments is charged for a fixed fee and a success fee for each investment. Controlling and reporting, in turn, is charged per monitored asset. Generally, the expense-based cost model results in a price advantage for the clients, since they only pay for the services that are actually used.