FOX Series

In spite of growing complexities, families around the world have managed to stay together for generations, and they reap significant benefits from the concentration of purchasing power and the preservation of family capital. The crisis of 2008 demonstrated clearly the advantages that families ...

How does a family know when they are evolving from a family business into a family enterprise? When the collective activities of the family grow beyond the boundaries of the original business, there is evidence of an emerging family enterprise. The evidence appears gradually over time - when a...

If you have you been invited to a family business conference recently or picked up an educational piece on family wealth, you will have noticed the focus placed on next generation development. In particular the 3 E’s of entrepreneurship, education, and engagement. These are important topics, around ...

Eighty percent of family office employees received a salary increase in 2013, according to our latest benchmarking study, "Family Office Compensation & Benefits." The median reported increase was 4%, up from the 3% consistently seen since the 2008 onset of the great recession. A majority of...

If you’re familiar with Greycourt & Co. Founder Greg Curtis, you know that his blog is always a good read. His recent series on common mistakes families make investing after a liquidity event is especially compelling. Curtis notes that businesses tend to sell when the market is at its most overp...

While process was at the forefront of this year’s Forum, the most poignant moments of the event dealt with why families stick together — the beliefs and values behind all of the how-to discussions. Bestselling author and Founder of Empower Wealth LLC Lee Brower touched on this issue on the firs...

We recently held our annual Fall Forum in Chicago. This year’s theme was “The Butterfly Effect,” which reflects the theory that a change as subtle as the flap of tiny wings can profoundly change the world. The same can be said about the family enterprise. Every choice you make (or don’t ...

Many families have managed their wealth for generations and have healthy, productive and successful sixth- and seventh-generation family members to show for their efforts. What are the secrets of their success? One commonality we’ve seen in our more than 20 years of serving families is they’ve made ...

Systems security and finding a software solution that integrates financial data across multiple functions rank as family offices’ top technology concerns, according to our latest study "2013 FOX Family Office Benchmarking: Technology in the Family Office." The respondents' sensitivity to security ap...

There is a startling statistic in the recent FOX Benchmarking Report: Technology in the Family Office. Ninety-seven percent of family offices claim to have developed a disaster recovery plan. It is heartening to see that firms have adopted this best practice. It is only fitting, considering th...