About the Federation
A family office is a privately held entity that manages the assets and fortune of a wealthy family, often with over $100 million in investable assets, with the purpose of effectively growing and transferring wealth across generations. The family’s wealth serves as the company’s financial capital. Management of household staff, travel plans, real estate, day-to-day accounting and payroll operations, governance of legal affairs, family management services, family governance, financial and investor education, coordination of philanthropy and private foundations, and strategic planning are all examples of tasks that family offices may handle. Because running a family office typically cost more than $1 million per year, the family’s net worth is usually greater than $100 million in investable assets.
Family Offices Federation stands for the interests and security of Family Offices Worldwide, sharing the United Nations Sustainable Development Goals.
The Organization aims in particular to:
- Accredit Experts around the world based on an appropriate selection and accreditation process, in which equal treatment of applicants, without distinction as to race, sex, language or religion is a criteria of paramount importance, in accordance with ECOSOC specific challenges;
- Promote the quality and integrity of international expertise, acting on a global point of view and meeting ECOSOC “time for global action” watchword;
- Defend the profession of international Expert and safeguard the interests of the Experts listed in the Organization's Directory, leading to the development of global norms as endorsed by ECOSOC;
- Develop and maintain professional ethics in the field of international expertise, in particular by establishing clear rules of good conduct and ethics while ensuring they are being followed by Experts listed in the Organization's Directory, contributing to increase the reliability of justice and institutions worldwide and finding a way of bringing individuals together in order to facing issues together, a mode of action encouraged by ECOSOC;
- Establish solutions for the resolution of conflicts on an international scope, contributing to the peace-development approach promoted by ECOSOC, and promote the resolution of conflicts between Experts listed in the Organization's Directory and their constituents;
- Validate information specific to the activity of being an international Expert or the activities of the expertise;
- Maintain and preserve relations of collegiality and solidarity amongst the Experts registered in the Organization's Directory, promoting collective action in line with ECOSOC values;
- Develop cooperation and relationships with agencies that involve international Experts, including UN agencies, building partnerships, thereby following an important ECOSOC goal;
- Deal generally with any question related to international expertise and take any measure likely to contribute to its development, providing coordination in connection with ECOSOC principles;
- Join UN action through the respect and promotion of the Sustainable Development Goals, in accordance with ECOSOC agenda.
The Federation can propose to Courts of Law, Arbitration Courts, Governments, International Organization, Companies, and Law firms, the appropriate Expert in the relevant field.
Experts Without Borders accredits Experts who applied and successfully passed our robust selection and accreditation process.
Once accredited, they will be featured in the Federation’s Who’s Who of International Accredited Experts Directory.
