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Traditionally, yes. That's for the people who inherited a mansion, retainers, and trusts. Now there are family office concierge services. "Luxury lifestyle as a

Traditionally, yes. That's for the people who inherited a mansion, retainers, and trusts. Now there are family office concierge services. "Luxury lifestyle as a service" is available.[1] That's for people who made a lot of money all at once and need guidance in spending it. (The people I've known with serious money made most of it themselves, and didn't need a family office. Except for one married couple who blew through 8 figures and went broke.) [1] https://www.maisonbenjamin.com/familyoffices https://www.maisonbenjamin.com/familyoffices

JumpCrisscross 1y ago
> Now there are family office concierge services These are between multi-family offices and scams targeting new money. (The intersection between the best hospitality folks you can privately hire and the best money managers is roughly zero. Consolidating those functions makes no sense unless someone cannot afford them.)
- Animats 1y ago
  > These are between multi-family offices and scams targeting new money. That's a good way to look at it.
  - JumpCrisscross 1y ago
    Just take the website you presented. There is a contact us page. Who do you think they’re targeting?
SpicyLemonZest 1y ago
Maybe I'm not rich enough to get it, but in the footer this site identifies itself as a member of a travel agency which is itself a member of a third travel agency. I'm getting the same vibe you see from the "wealth advisors" who run around trying to feed people structured notes.
lrhegeba 1y ago
https://en.wikipedia.org/wiki/Quintessentially_Group https://en.wikipedia.org/wiki/Quintessentially_Group would be another one. American Express has a concierge service for their wealthier clients as do most big banks with services for their wealthy clients
AStonesThrow 1y ago
What comes to mind here is Up In The Air starring George Clooney. Now Ryan Bingham doesn't command any particular status or wealth, but he makes a living firing people on behalf of other companies ("Concierge firing-as-a-service"?) and he leads a nomadic lifestyle that many of us would find completely intolerable. His one lifelong dream is to earn 10,000,000 Frequent Flyer miles and hold the special Unobtanium card from American Airlines. [SPOILER WARNING] He achieves this during the final flight of the film, and when he dials the number on the back, he comes to realize that this is his unique number and there is a specially-assigned staffer waiting by the phone to personally take his call. I can envision this sort of revelation as the experience of someone who comes into money and suddenly finds their needs being personally met by a concierge or family office.
- Animats 1y ago
  > this is his unique number and there is a specially-assigned staffer waiting by the phone to personally take his call. For small values of "personally". I once visited a rent-an-office place which had a live receptionist. She had a phone with about thirty line buttons. Each time she answered a different line, she gave a different company name.
  - kridsdale3 1y ago
    Virtualization.

JumpCrisscross 1y ago

> Now there are family office concierge services These are between multi-family offices and scams targeting new money. (The intersection between the best hospitality folks you can privately hire and the best money managers is roughly zero. Consolidating those functions makes no sense unless someone cannot afford them.)

Animats 1y ago
> These are between multi-family offices and scams targeting new money. That's a good way to look at it.
- JumpCrisscross 1y ago
  Just take the website you presented. There is a contact us page. Who do you think they’re targeting?

SpicyLemonZest 1y ago

Maybe I'm not rich enough to get it, but in the footer this site identifies itself as a member of a travel agency which is itself a member of a third travel agency. I'm getting the same vibe you see from the "wealth advisors" who run around trying to feed people structured notes.

lrhegeba 1y ago

https://en.wikipedia.org/wiki/Quintessentially_Group https://en.wikipedia.org/wiki/Quintessentially_Group would be another one. American Express has a concierge service for their wealthier clients as do most big banks with services for their wealthy clients

AStonesThrow 1y ago

What comes to mind here is Up In The Air starring George Clooney. Now Ryan Bingham doesn't command any particular status or wealth, but he makes a living firing people on behalf of other companies ("Concierge firing-as-a-service"?) and he leads a nomadic lifestyle that many of us would find completely intolerable. His one lifelong dream is to earn 10,000,000 Frequent Flyer miles and hold the special Unobtanium card from American Airlines. [SPOILER WARNING] He achieves this during the final flight of the film, and when he dials the number on the back, he comes to realize that this is his unique number and there is a specially-assigned staffer waiting by the phone to personally take his call. I can envision this sort of revelation as the experience of someone who comes into money and suddenly finds their needs being personally met by a concierge or family office.

Animats 1y ago
> this is his unique number and there is a specially-assigned staffer waiting by the phone to personally take his call. For small values of "personally". I once visited a rent-an-office place which had a live receptionist. She had a phone with about thirty line buttons. Each time she answered a different line, she gave a different company name.
- kridsdale3 1y ago
  Virtualization.