“There will be real winners and real losers because not everyone in the family is going to potentially own the family office. That means if there's a homerun investment, some portion of the family could be richer than the other. If there's really bad investments, then someone has to bear the economic cost, and it's probably the person who owns the family office.”

Joseph Medina · said date not stated · reported 2026-10-29

Medina explained that the Lender model can create disparities among family members depending on who owns the family office.