Q&A With David Guin: Dodd-Frank And Its Unintended Impact On Family Offices

Nov 11 2011 | 10:54am ET

The new definition of “family office” under the Dodd-Frank Act will force many family offices to make difficult choices. While the definition of a “family” has become broader, the ability to include non-family members and still retain family office status has been lost. Family offices have until the end of March to make adjustments to avoid new regulations or register and reveal many details of their assets. David Guin, a partner at the New York-based law firm Withers Bergman, has been helping clients navigate the reforms and he spoke to FINalternatives’ Senior Reporter Mary Campbell recently about the implications for wealthy families.


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