Plain English Series · The Baratelli Institute

Family Office in Plain English

The accessible plain-language guide. What a family office actually is, whether you need one, and how to build, staff, and run it — written for the family, with sidebars for the advisor.

Most family-office material is written for practitioners talking to other practitioners. The family reading about their own future gets left out. This guide is the correction. Plain English throughout, worked worksheets in every chapter, and an honest walk through the four operating models, the real cost math, and the questions every family should ask before writing the first advisor check.

Companion · Free

Already know what a family office is and evaluating a specific engagement? The free Fractional Family Office guide is the decision-support piece — nine due-diligence questions, red flags, and how to evaluate a bundled AUM relationship you’re already in.

What’s inside

The full arc — from “what is this?” to “how do we run it?”

Family Office in Plain English walks the family through the entire decision arc in accessible language, with a fill-in worksheet at the end of every chapter so the reading becomes a plan by the time you finish.

Chapter 1

What a family office actually is

The concept, the origin, the four flavors of family office in one clear framework. What sets a real family office apart from a family sharing a good accountant.

Chapter 2

Do you actually need one?

The honest test. Not every family with money should have a family office. When it earns its cost and when it doesn’t.

Chapter 3

The four models

Single-family office, multi-family office, embedded (inside a business), and fractional. What each does, what it costs, who fits.

Chapter 4

What it really costs

The full cost stack — staff, technology, physical office, benefits, advisor coordination. The honest budget most families never see before they commit.

Chapter 5

How to build it

The team, the technology, the office. What order to hire in. What to insource and what to outsource. How to size the first year.

Chapter 6

How to staff it

The roles that matter. Compensation. The Family Office CFO seat — the quarterback who runs the pack. How to interview for that seat.

Chapter 7

How to run it

The operating cadence. Meetings. Reporting. Family meetings and next-generation education. Governance documents. What year-end looks like.

Chapter 8

The advisor sidebars

Alongside every family-facing chapter, a sidebar for the advisor helping the family read this. What to say, what not to say, where the family will need help.

How this fits with the free Fractional guide

Two guides. Different reader intents.

The Institute publishes two family-office references at the sub-flagship tier — one paid, one free. They serve different readers.

  Family Office in Plain English ($49) The Fractional Family Office (Free)
Reader intent “What IS a family office? Do I need one?” “Should I hire a fractional FO practitioner?”
Reader profile Someone new to the concept, curious, considering whether the model fits their family Someone at $10-75M net worth, evaluating a specific engagement decision
Structure Definitional — the four models, what it costs, how to build/staff/run Decisional — nine due-diligence questions, red flags, worked family example
Length ~130 pages with worksheets ~30 pages
Next step from here The free Fractional FO guide, then the full FO Reference Guide ($449) The full FO Reference Guide ($449) or a real practitioner engagement

Bottom line: if you’re new to the concept, read this ($49) first. If you already know what a family office is and you’re considering hiring a fractional practitioner, start with the free Fractional guide. Both point to the flagship Family Office Reference Guide ($449) for the practitioner-depth version.

Family Office in Plain English

$49 Single-user license · PDF + Excel worksheet package
  • ~130 pages, plain-English throughout
  • Fill-in worksheet in every chapter
  • Advisor sidebars alongside family text
  • The four family-office models compared
  • Full cost math and staffing framework
Buy on Gumroad →

Spanish edition already available →

Related in the Institute’s family-office library

Free · Foundations

The Fractional Family Office — When It Fits, When It Doesn’t

Free companion for families evaluating a fractional engagement. Nine due-diligence questions, red flags, and a worked family example.

Download PDF →
$449 · Flagship

The Family Office Reference Guide

Practitioner reference for the seat — the CFO of a family office, the fractional practitioner, or the advisor within the pack. 415 pages across 17 chapters.

Open the flagship →
$49 · Español

La Oficina Familiar en Lenguaje Claro

Edición en español. La guía accesible en lenguaje claro sobre la oficina familiar — ya disponible en Gumroad.

Ver la edición en español →