VC10X For family principals and their offices

The five areas where families are most often exposed

Twenty multiple-choice questions, four in each area. Each area gets its own score, so you can see exactly where to start.

Succession and continuity
If the principal were unavailable tomorrow, this is what decides whether the family keeps operating or freezes.
Governance
Most families don't lose wealth to bad markets. They lose it to decisions no one had the authority to make, or disputes no one had a way to settle.
Next-gen readiness
Heirs who first see the portfolio at the reading of the will inherit assets without the judgement to hold them.
Investment architecture
Without a written policy, allocation drifts toward whatever the last good pitch was, and concentration builds quietly.
Privacy and security
Visibility is the risk. The more the public can piece together about the family, the easier it is to target.

How the score works

Every answer is worth zero to three points. Your total is shown out of 100, with a red flag for any answer that would stop a conversation on its own.

  • 80 to 100: Institutional
  • 60 to 79: Developing
  • 40 to 59: Fragile
  • Below 40: Exposed

Your answers stay in your browser. We don't store them.

Who it's for

Family principals, next-generation family members and the people who run their family offices. It works best when several family members take it on their own and compare answers. Where you disagree is usually where the real gap is.

Frequently asked questions

What is a family office?

A private organization that manages the investments and affairs of a wealthy family. A single-family office serves one family; a multi-family office serves several.

What is family governance?

The agreed way a family makes decisions together: who has authority over what, how disagreements are resolved, and how the next generation is brought in. It's often written down in a family constitution or charter.

Why do family succession plans fail?

Common reasons are that no plan exists, authority isn't clear when the principal steps back, and heirs haven't been prepared to make decisions about the assets they inherit.

What is an investment policy statement for a family office?

A written document that sets the family's objectives, risk tolerance, asset allocation ranges and who makes investment decisions. Without one, allocation tends to drift toward whatever the last good pitch was.

How should families protect their privacy and security?

Limit what the public can piece together about the family, separate personal and family-office systems, and review who has access to accounts, documents and travel plans.

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From VC10X, hosted by Prashant Choubey. Updated .