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Family offices and the contemporary infrastructures of dynastic wealth

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  • Glucksberg, Luna
  • Burrows, Roger

Abstract

This article examines the phenomena of "Family Offices" (FOs) within the context of the re-emergence of patrimonial forms of capitalism. As global wealth becomes ever more concentrated in the hands of dynastic wealth élites, we examine the new financial infrastructures - within which FOs are key - that are emerging in core urban areas to support them. We review the existing literature on the phenomena and report on an observational study of their form and functioning in London and beyond.

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  • Glucksberg, Luna & Burrows, Roger, 2016. "Family offices and the contemporary infrastructures of dynastic wealth," LSE Research Online Documents on Economics 75899, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:75899
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    File URL: http://eprints.lse.ac.uk/75899/
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    Cited by:

    1. Fathallah, Ramzi & Carney, Michael, 2024. "The business family as an institutional arbitrageur: Internationalization across institutional contexts," Journal of World Business, Elsevier, vol. 59(2).
    2. Hecht, Katharina & Summers, Kate, 2020. "The long and short of it: the temporal significance of wealth and income," LSE Research Online Documents on Economics 106519, London School of Economics and Political Science, LSE Library.
    3. David Burgherr, 2021. "The costs of administering a wealth tax," Fiscal Studies, John Wiley & Sons, vol. 42(3-4), pages 677-697, September.
    4. Glucksberg, Luna & Russell-Prywata, Louise, 2020. "Elites and inequality: a case study of plutocratic philanthropy in the UK," LSE Research Online Documents on Economics 106162, London School of Economics and Political Science, LSE Library.

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    JEL classification:

    • N0 - Economic History - - General

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