FOX Blog

Timely insights from FOX experts, members and industry authorities.

Three Tips for Staying Ahead of the Bad Guys – Security Awareness

Aug 22, 2018
This summer we hosted our first FOX Family Security Workshop. According to attendees, security is currently one of their top concerns.We brought together industry experts to discuss three key areas of security: personal, physical, and cyber. Each presenter flagged examples of security risk...

What’s on the Minds of the Leading Families in Latin America

Aug 15, 2018
Latin America has been one of the most dynamic regions of the world in the last two decades, experiencing strong GDP growth and wealth. During this time, many of the region's family owned firms have also become strong and innovative global firms.Family Office Exchange has been working with many fami...

Creating an Effective Team for the Family Office

Aug 14, 2018
The biggest asset of any family office is the staff that supports the family clients. Over the last couple of years, creating an effective team for the family office is an issue that comes up frequently from executives who participate in FOX Council groups and our broader family office members. Many...

Longevity and its Implications on the Ultra-Wealthy

Jul 24, 2018
The impact of greater longevity will be broad and deep as the average life expectancy in America today is longer than in any other period in history. The systems and structures that support our lives will also change. The way we define family will continue to evolve. The way we plan and build the in...

The Recipe for a Successful Family Meeting

Jul 16, 2018
Family meeting season is here, and FOX members are gearing up to create learning experiences and memories that will last a lifetime. Of course, the planning likely began long ago with committee meetings and conversations to decide where to host, what to cover, and how to top last year. Making learni...

Take Steps to Combat Risk with a Thoughtful Strategy

Jul 12, 2018
In the midst of a growth economy, risk factors are sometimes pushed to the periphery of a company’s focus. It’s no different for family offices. When those risks eventually come crashing into the forefront, they’re often unexpected and can be costly. Incorporating risk planning into your short-term ...

The Pros and Cons of Using a Commercial Institution as Your Trustee

Jul 06, 2018
It’s natural to want to choose a family member or someone you know well to serve as your trustee. However, it sometimes also makes sense to choose a professional trustee like a bank or trust company as the trustee or co-trustee. The Pros of Using an Institution to Be Your TrusteeSelecting an in...

We All Saw it Coming! Why now is the time for the great transition of wealth

Jul 02, 2018
A perfect storm of market appreciation and demographics points to a progressive and sustained growth opportunity in the ultra-wealth business. Now that the time of great opportunity has arrived, how prepared are advisors to assume an evolving role based on the rapidly changing needs of family busine...

Keeping Up With the Evolving Technology Needs of Your Family Office

Jun 28, 2018
Increasing demands for data and the up and coming younger generation are impacting the technology needs of family offices. Many family offices are challenged to meet the growing reporting needs of family and board members. The modern conveniences of the mobile digital age are impacting businesses ev...

Ten Characteristics of Successful Direct Investing Families

Jun 21, 2018
Investing directly and operating in real estate and operating businesses is an increasingly important focus for many family offices. For the past decade, FOX has been tracking family office interest in direct investing, through FOX studies and our highly-engaged FOX Direct Investing Network.The foll...