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Family Offices have for years been involved in paying for school fees and formal education. In contrast members of the family have hlearnt about investing and personal financial management by "osmosis" through discussions with older members of the family and professional advisers. 

 

This depends on the individual members of the family wanting to engage in this informal process. It is difficult to formalise this important education. However a better understanding of investment strategy makes management of family funds much easier.

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