David Miller was just interviewed on Huffington Post. He discussed the family office concept as it relates to the financial services industry. Here is a synopsis of what he said:
PeachCap is scaling services for a large and growing portion of the population—those with a net worth between $1 million and $75 million. High-net-worth people typically need a family office because of the intricacies of properly managing tax, financial analysis, and investment needs, but most firms providing them target only a handful of the very richest families. Wealth management firms need these resources for their clients, and PeachCap provides them all under one roof.
“You don’t have to be uber wealthy to have top-shelf financial, accounting, and tax services.”
David Miller, Founder and CEO of PeachCap
Read the whole story here: http://www.huffingtonpost.com/entry/58f67d3ce4b071c2617f0078