FOX Blog

Timely insights from FOX experts, members and industry authorities.

Making Impact Investing Your Own

Apr 19, 2016
As impact investing is maturing, we’re seeing an evolution of that very definition.In an earlier FOX Insights blog post, FOX Thought Leaders Council™ member Mark Harder of Warner Norcross & Judd defined impact investing as “making investment with the intention of generating positive environmenta...

Help with Domestic Help

Apr 13, 2016
Margaret hired the neighborhood girl down the street to watch her children a couple days a week and run some simple errands for her. She never imagined that when she did that, she became an “employer” with all the legal implications that go along with that title. She is now being audited by the IRS ...

The One Factor Every Advisor-Client Relationship Comes Down To

Apr 11, 2016
Across all industries, client expectations are changing. Wealth management for the ultra-wealthy is no exception.With the advent of technological disruptors and on-demand everything, consumers now expect high-quality services that don’t just meet, but defy their expectations. This challenge is clear...

What You Can Learn from Nancy Reagan’s Funeral

Mar 31, 2016
When former First Lady Nancy Reagan passed away in March, millions of Americans mourned the loss. On the day of her funeral, people across the country watched the ceremony live on TV, while hundreds of others—including former President George W. Bush and First Lady Michelle Obama, and the Reagan fam...

10 Tips for Picking a Leading Wealth Advisor

Mar 16, 2016
FOX's comprehensive criteria measure whether a firm is providing an integrated wealth management solution. The LWA screening criteria is based on over 20 years studying the industry, and what wealth owners want and need at a level of liquid assets greater than $20 million.Each firm in the LWA Direct...

Preparing for the Next Industrial Revolution

Mar 14, 2016
The Circular Economy, William McDonough explains, is an economic system that provides continuous benefit for generation after generation through design that allows for regular—if not endless—reuse of materials. It’s a system that embodies a particular philosophy: that by looking toward the fut...

Five Risks Ultra-Wealthy Families Need To Watch Out For

Mar 14, 2016
In our work with ultra-wealthy families, we have seen that those families face some fairly unique risks that ordinary people or business would not typically need to think about. When family offices are doing a risk assessment, these are five questions I strongly encourage them to conside...

Privacy in a Connected World: Apple, the FBI and the Internet of Things (IoT)

Mar 01, 2016
A family office is more often than not founded around the concerns about the family’s privacy and data security. So the current news around the FBI request for Apple to unlock the password of the iPhone belonging to one of the San Bernardino terrorists does have a passing interest. If you go b...

Seven Ways to Improve Your Family Client Experience

Feb 25, 2016
For our FOX Thought Leaders Council Report “Creating Memorable Client Experiences: Differentiation in the Ultra-Wealth Market,” we looked at 30 of the best client experience brands in the world, including Apple, Ritz-Carleton, Disney, and Tesla. We identified the following seven activation str...

How Uncertainty Impacts a Family Office

Feb 02, 2016
Recently, I was reflecting on how uncertainty impacts our lives. For instance, modern technology provided ample warning (aka “certainty”) to the East Coast ahead of January’s once-in-a-lifetime blizzard and yet, tragically, some people found themselves unprepared. This is in contrast to the li...