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shikamaru
01-24-15, 04:59 PM
Monarchy as a Single Family Office

What is a Single Family Office?



A family office (http://en.wikipedia.org/wiki/Family_office) or single family office (SFO) is a private company that manages investments and trusts for a single family.[1] The company's financial capital is the family's own wealth, often accumulated over many family generations. Traditional family offices provide personal services such as managing household staff and making travel arrangements. Other services typically handled by the traditional family office include property management, day-to-day accounting and payroll activities, and management of legal affairs. Family offices often provide family management services, which includes family governance, financial and investment education, philanthropy coordination, and succession planning.[2] A family office can cost over $1 million to operate, so the family's net worth usually exceeds $100 million. Recently, some family offices have accepted non-family members.[3]



Traditional and modern usage
A traditional family office is a business run by and for a single family. Its sole function is to centralize the management of a significant family fortune. Typically, these organizations employ staff to manage investments, taxes, philanthropic activities, trusts, and legal matters. The purpose of the family office is to effectively transfer established wealth across generations. The family office invests the family's money, manages all of the family's assets, and disburses payments to family members as required.

The office itself either is, or operates just like, a corporation (often, a limited liability company, or LLC), with a president, CFO, CIO, etc. and a support staff. The officers are compensated per their arrangement with the family, usually with overrides based on the profits or capital gains generated by the office. Often, family offices are built around core assets that are professionally managed. In addition, a more aggressive and well-capitalized office may be engaged in private equity placement, venture capital opportunities, and real estate development. Many family offices turn to hedge funds for alignment of interest based on risk and return assessment goals.[5]

Consider a monarchy.

- In early monarchies, the royal household and the State were one.
- The offices of the State came about out of the offices of the royal household.
- The advisors of the monarch protect and manage the property, wealth, image, et al of the monarch and the royal household.
- The monarchical state will have elaborate rules as to succession of offices pertaining to the royal family.

allodial
03-27-15, 01:17 PM
Indeed a lot of government structure can be traced back to the structures of ancient households where they had chamberlains, bottlers (butler), etc. Its long been my view that a republic is much like a hereditary monarchy but in disguise. Even corporate charters are much like Royal Warrants given to businesses in the UK. Does the DMV call licenses holders 'customers'? Interesting because the word 'customer' used to refer to the recipient of a royal warrant.

Also, some of the older books discuss the notion of firmers and the King's demesne (en.wikipedia.org/wiki/Demesne) /domain as if a King or Queen was given some 'space' to run a business to profit as payback for their holding the office of King or Queen. And there is also manorialism.

2402
Above: Scan from Parochial Antiquities Attempted In the History of Ambrosden, Volume 2 (Delafield)

Related:

Civil List (http://en.wikipedia.org/wiki/Civil_list) (What is your list name?)
Medieval Occupations (http://www.ancientfortresses.org/medieval-occupations.htm)
Silent Weapons for Quiet Wars (http://www.whale.to/b/silentweapon.html)

shikamaru
03-29-15, 11:54 AM
Indeed a lot of government structure can be traced back to the structures of ancient households where they had chamberlains, bottlers (butler), etc. Its long been my view that a republic is much like a hereditary monarchy but in disguise. Even corporate charters are much like Royal Warrants given to businesses in the UK. Does the DMV call licenses holders 'customers'? Interesting because the word 'customer' used to refer to the recipient of a royal warrant.

A grant of license is a franchise.
In English Common Law, a franchise is the exercise of a royal prerogative in the hands of a subject according to Blackstone.

allodial
03-29-15, 12:23 PM
If you aren't on the civil list and aren't enjoying a franchise from the State and aren't on the public payroll, why would you have a list name?