Members of the FOX Client Experience Council – a like-minded group of executives from single and multi-family offices around the country who gather in person twice each year to learn together, share resources and socialize – are in constant pursuit of creative ways to surprise and delight their clie...

Conscious leaders know that co-creation is a possible choice along with competition and compromise. They have developed the wisdom and skill to know which option to choose and when to choose it.Competition leads to win/lose. Compromise results in lose/lose. Co-creation brings about win/win.Competiti...

More advisors to families of wealth are wondering if an asset-based pricing structure has out-lived its useful purposeIt seems long ago that wealth advisors could charge an asset based fee that covered the cost of providing investment services with a "cushion" leftover to cover additional services s...

Transitioning a family business to the next generation is one of the most important and toughest business decisions a family firm owner will ever make. No other challenge has as much potential to exacerbate the special stresses—or, conversely, highlight the unique advantages—of operating a family-ow...

Jackie Kennedy Onassis once said: “If your children turn out well, nothing else matters. If your children turn out badly, nothing else matters.”Having the young people in your life turn out well is as important as anything else you do in life, right?The children’s happiness depends on it. Your...

At first glance, the clothing company Patagonia, the cleaning products manufacturer Method, and the funding platform Kickstarter might seem radically different. After all, they come from vastly different industries.However, they are all benefit corporations, which means they belong to a new cl...

According to the 2016 FOX Family Office Compensation and Benefits survey, only 30 % of offices offered long-term incentive plans.Family offices are often looking for talent with specific expertise and understanding of a family office environment. Long-term incentives can be pivotal in attracting and...

David Lough’s wonderful, engrossing, nightmarish study of Winston Churchill’s reverse Midas touch (Picador, 2015) inspires our old friend Michael Harkins, chief of Levy, Harkins & Co., to draw a monetary and investment lesson.No More Champagne, written by a former banker who knows his money, chr...

While many principals sense that their current investment programs aren’t likely to produce satisfactory risk-adjusted net returns in coming years and beyond, most have difficulty pinpointing with actionable precision the root causes of their discontent. We’ve assembled a list of the defects we enco...

“What is your family office’s number one threat? If it happened today, could you function tomorrow?”These are the questions that one family office executive asked her peers as she finished sharing the story of her office’s move to the cloud. If you can answer, “Yes” to the last question, you’r...