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The Evolving Role of Purpose in Family Offices

Title: The Evolving Role of Purpose in Family Offices
Authors: Manelli, Luca; Rondi, Emanuela
Contributors: M. Baù, L. Naldi, J. W-J. Hsueh, D. Pittino; Manelli, Luca; Rondi, Emanuela
Publication Year: 2025
Collection: RE.PUBLIC@POLIMI - Research Publications at Politecnico di Milano
Subject Terms: organizational purpose; family office; imprinting; advisors
Description: Interest in family offices (FOs) is rapidly increasing, and this focus comes at a critical moment. The field is undergoing significant changes, such as the growing prominence of impact investing, which suggests that FOs can transcend their traditional role as technical vehicles for capital allocation and wealth preservation. While existing research has primarily examined the external functions of FOs, such as asset management, emerging discussions among practitioners and advisors are shifting attention toward a deeper understanding of purpose in these organizations. This paper connects two emerging research areas—FOs and organizational purpose—to develop an integrated framework exploring why, how, and where purpose is relevant to FOs and enterprising families, while identifying promising directions for future interdisciplinary research.
Document Type: conference object
Language: English
Relation: info:eu-repo/semantics/altIdentifier/isbn/9789077360279; ispartofbook:IFERA 2025 Conference Proceedings; IFERA 2025; firstpage:1; lastpage:9; numberofpages:9; alleditors:M. Baù, L. Naldi, J. W-J. Hsueh, D. Pittino; https://hdl.handle.net/11311/1305873
Availability: https://hdl.handle.net/11311/1305873
Rights: info:eu-repo/semantics/closedAccess
Accession Number: edsbas.F4DB5A48
Database: BASE