After an unsolicited offer from a competitor, a family reflects on what they’ve built and the uncertain road ahead.The majority of family-owned businesses have no formal succession plan or successor leaders in the wings. Equally troubling are the studies showing only 30% of family businesses survivi...

Interest in Direct Investing Increases: The 2017 FOX Global Investment Survey reveals a growing focus on direct private equity investments for family offices, reflected in asset-allocation and staffing trends.

Social impact bonds, sometimes known as “Pay for Success” projects, are contracts with the public sector in which commitment is made to pay for improved social outcomes, which may result in public sector savings. Despite their name, social impact bonds are not bonds; they are public or private partn...

Based on financial news articles and television shows, everyone should be aware that money is being constantly withdrawn from active managers and placed into ETFs and other index funds. Undoubtedly, active managers are striving with even greater urgency to beat the indexes against which they are jud...

The adage “Shirtsleeves to shirtsleeves in three generations” became a well-known prophecy because it is, unfortunately, true. And it appears to be true in virtually every culture. In Ireland, the saying is, “Clogs to clogs in three generations.” In Italy, it’s, “Stable to stars to stable” in the sa...

The ingenuity and success rate of hackers targeting banks and credit unions continues to shock and amaze. Don't expect the financial services industry to ever willingly disclose how much it loses to cyber thieves on an annual basis. But make no mistake determined, well-funded hacking rings continue ...

When was the last time you felt “at home” in a completely new environment? What about this experience – the people you encountered or the service you received –made you feel truly welcomed?This happened to me last week at my daughter’s college orientation, a day filled with big emotions, as any surv...

Trillions of dollars are beginning to shift within ultra-high net worth families to a new generation of heirs, according to a recent Accenture study. As this transfer of wealth takes place, what giving trends from millennial philanthropists can we expect to see in the years to come?To help answer th...

51% of decisions in family businesses are made by senior generationsOver the last few years, business owners have inquired about ways to integrate the younger generations with the purpose of preserving the family business. In a recent FOX study, 70% of survey participants said that generations 1 and...

How does one manage a vibrant, multi-dimensional family business with family members and stakeholders scattered across the country? That’s the 21st century challenge for business-owning families, and creating a family enterprise is the first step in an effective strategy to address it.Many suc...