What Is a Family Office? How Ultra-Wealthy Families Manage Wealth, Legacy, and Investments | 805

In this powerful episode of The Inside BS Show, Dave Lorenzo and Harry Cendrowski break down the mysterious world of family offices. Whether you're a professional hoping to work with one or a business owner who's just had a liquidity event, this episode provides clarity, direction, and actionable insights.

📌 Key Topics Discussed:

• The four types of family offices (embedded, single, multi, and virtual)
• Why every liquidity event over $50M should trigger a conversation about forming a family office
• How family offices provide investment discipline and lifestyle guidance post-exit
• The role of the family office as a filter to manage constant investment pitches
• What professionals need to know before approaching a family office
• Why trust is the cornerstone of every family office relationship
• How top talent is recruited and retained in high-performing family offices
• The importance of being a true specialist (and not pretending to do everything)
• The best ways to get invited into the world of family offices without “selling”
• The most common advisory roles family offices hire for (tax, M&A, legal, estate planning, aviation, and more)
• How Cendrowski Corporate Advisors conducts operational reviews of existing family offices

🔗 Links and Resources:

• Subscribe via Email: GetInsideBS.com
• Listen on Spotify: Inside BS Show on Spotify
• Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
• Call Us: (305) 692-5531

📣 Call to Action:

Are you working with a family business that just experienced a major liquidity event? Or are you trying to break into the world of ultra-high-net-worth advisory? This episode is your crash course in what it takes to earn trust, add value, and make a lasting impact. Reach out to Harry at Cendrowski Corporate Advisors for guidance on setting up or reviewing a family office.