LPNEWS
In a survey of 199 single-family offices, more than nine out of ten of them sort out second opinions respect to financial services and products they were considering. Recognizing that the single-family offices obtained multiple second opinions, for 90 percent of them, some of the second opinions they received confirmed the applicability and appropriateness of the service or product they were concerned about. In four out of five single-family offices, getting a second opinion resulted in choosing to go in a different direction. In effect, in these situations the single-family offices opted not to use the services or products.