Successful Outcomes for 100-Year Family Enterprises

May 02 2014
Sometimes the greatest challenge for a family is to agree on how they will measure the “success” of the enterprise in each generation. The metrics of success should be...

Five Common Triggers that Prompt Business-Owning Families to Establish a Family Office

May 02 2014
As the family grows, both in number and wealth, it is critical to address the management of the family’s personal financial future with the same diligence that goes into...

Do You Have an Embedded Family Office?

May 02 2014
If any of the following situations are familiar to you, you probably have a family office embedded within your business. There is a department within the company referred...

State of the Art Wealth Management: Promoting Teamwork Among Advisors

May 02 2014
In recent posts we’ve looked at what separates extraordinary wealth advice from the industry norm. Several industry leading advisors gathered with a select group of...

State of the Art Wealth Management: Integration

May 02 2014
Late last year several industry leading advisors gathered with a select group of family office executives for our annual FOX Thought Leaders Council Summit. They tackled...

State of the Art Wealth Management: Communication With the Goal of Understanding

May 02 2014
The 2013 FOX Thought Leaders Council brought together representatives from sophisticated family offices and industry leading advisors with the goal of identifying the...

Six Common Problems with Using Business Employees to Manage Personal Financial Matters

Apr 11 2014
Assigning a business executive to manage or coordinate personal financial or administrative affairs can be problematic for several reasons:   Lack of alignment of...

Working with Millennials

Apr 01 2014
Employers in the wealth management industry face two distinct talent challenges, one long-term and the other immediate. According to a recent Accenture report titled “The...

Three Standards of Wealth Preservation for Business-Owning Families

Mar 30 2014
Business owning families face the simultaneous challenges of running a business while planning for the future of the family and the management of family capital. While...

Operating as a Family Enterprise – Integration in Practice

Mar 13 2014
Every family enterprise needs a framework for holding together the disparate parts of the family activities, and a process for managing the elements in the framework. An...