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How to choose a portfolio manager or investment advisor for a family office

21 December 2017

  • Investing

The basic tenet of any family office is to preserve capital and manage it so it provides reasonable returns over the long term thereby preserving the interests of the family. Investopedia defines a family office as “private wealth management advisory firms that serve ultra-high-net-worth investors. They are different from traditional wealth management shops in that they offer a total outsourced solution to managing the financial and investment side of an affluent individual or family”.

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Current complaints

Data for the month ending - February, 2026

Complaints status
Sr. No. Received from Pending at the end of last month Received Resolved* Total Pending# Pending complaints > 3 months Average Resolution time^ (in days)
1 Directly from Investors 0 0 0 0 0 0
2 SEBI (SCORES) 0 0 0 0 0 0
3 Other Sources (if any) 0 0 0 0 0 0
Grand Total 0 0 0 0 0 0

Number of complaints received during month against the IA due to impersonation by some other entity: Nil

Note: In case of any complaints received against the IA due to impersonation of the IA by some other entity, the IA may adjust the number of such complaints from total number of received/resolved complaints while preparing the above table. Further, IA must close such impersonation related complaints after following the due process as specified by SEBI/ IAASB.

* Inclusive of complaints of previous months resolved in the current month.
# Inclusive of complaints pending as on the last day of the month.
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.

Trend of Monthly Disposal of Complaints

Sr. No. Month Carried forward from previous month Received Resolved* Pending#
1 April, 2025 0 0 0 0
2 May, 2025 0 0 0 0
3 June, 2025 0 0 0 0
4 July, 2025 0 0 0 0
5 August, 2025 0 0 0 0
6 September, 2025 0 0 0 0
7 October, 2025 0 0 0 0
8 November, 2025 0 0 0 0
9 December, 2025 0 0 0 0
10 January, 2026 0 0 0 0
11 February, 2026 0 0 0 0
Grand Total 0 0 0 0

* Inclusive of complaints of previous months resolved in the current month.
# Inclusive of complaints pending as on the last day of the month.

Trend of Annual Disposal of Complaints

SN Year Carried forward from previous year Received Resolved* Pending#
1 2021-22 0 0 0 0
2 2022-23 0 0 0 0
3 2023-24 0 0 0 0
4 2024-25 0 0 0 0
Grand Total 0 0 0 0

* Inclusive of complaints of previous years resolved in the current year.
# Inclusive of complaints pending as on the last day of the year.