FOX Series

Family businesses in America generate 50% of the jobs, 64% of GDP and account for 61% of all privately owned businesses. While family businesses are very important to the economic growth of our country, they are not given proper consideration when new laws, regulations and restrictions are imposed b...

The more I learn from working with families, the more I realize that the relationships they have with their advisors are just like dating. One of the most important commonalities is the need to build trust, and letting someone in on all your secrets and vulnerabilities is scary. But if you don’t, th...

In putting together the FOX Guide to Family Education, we were able to identify a number of innovative strategies to enhance owner engagement and foster an ongoing education program for family members: 1. Central Website for Family CommunicationSuccessful families recognize the importance...

We all hear how cybercrime is a fast-growing crime, one of the fastest growing crimes and that the financial services sector is a target. There is no single solution to the problem, and unfortunately technology is unlikely to provide one in the near future.Threat protection technology typically lags...

I recently participated in a roundtable session at a CFA Society of Chicago career event with 12 moderators each leading a table discussion on careers in various investment specialties. My session was on family office careers. Almost everyone at my three consecutive table discussions started with th...

As impact investing is maturing, we’re seeing an evolution of that very definition.In an earlier FOX Insights blog post, FOX Thought Leaders Council™ member Mark Harder of Warner Norcross & Judd defined impact investing as “making investment with the intention of generating positive environmenta...

Across all industries, client expectations are changing. Wealth management for the ultra-wealthy is no exception.With the advent of technological disruptors and on-demand everything, consumers now expect high-quality services that don’t just meet, but defy their expectations. This challenge is clear...

When former First Lady Nancy Reagan passed away in March, millions of Americans mourned the loss. On the day of her funeral, people across the country watched the ceremony live on TV, while hundreds of others—including former President George W. Bush and First Lady Michelle Obama, and the Reagan fam...

FOX's comprehensive criteria measure whether a firm is providing an integrated wealth management solution. The LWA screening criteria is based on over 20 years studying the industry, and what wealth owners want and need at a level of liquid assets greater than $20 million.Each firm in the LWA Direct...

The Circular Economy, William McDonough explains, is an economic system that provides continuous benefit for generation after generation through design that allows for regular—if not endless—reuse of materials. It’s a system that embodies a particular philosophy: that by looking toward the fut...