Is the real estate market overheated? In October 2014, PwC published a report based on interviews of dozens of leading real estate professionals across a number of sectors and disciplines. The report, “Emerging Trends in Real Estate® 2015,” predicted that the momentum of the last five yea...

He may be one of the most visible figures in the emerging movement, but Charly Kleissner realizes that there is still a lot of healthy skepticism surrounding about impact investing.“I know there are a lot of questions,” Kleissner says.If anyone is in a position to answer some of those questions, how...

FOX has been working to determine what makes for a great experience for the client of a family office.Throughout 2015, FOX studied more than 30 businesses across a variety of industries—including notable brands such as Apple and Ritz-Carlton Hotels—in pursuit of determining what constitutes an optim...

There is a big change just starting to impact the way the Internet, and its related apps, are used: they are moving away from a silo approach to one of interoperability.Essentially, instead of having to go to one particular website or application to make use of the functionality and service it offer...

Many FOX members have asked about what considerations should go into developing a family wealth strategy after an operating company is sold. To them, I’ll often tell the story of Thorndale Farm CEO Oakleigh Thorne and his 20 year plan.After Oakleigh completed his MBA in 1986, he went to work at Comm...

Earlier this year, one of my clients came to me with a question about her family’s trust portfolio. She was worried that, despite it going against her own personal social values, she (along with the rest of her family) was investing in cigarette companies. “Do we really have to invest this money in ...

Families of significant wealth rightfully expect their attorneys, investment professionals and CPAs to be creative, effective advisors. It's time they expect the same from their banker.Banking is one aspect of wealth management that affects the family every single day. Yet, despite the increasingly ...

In the not too distant past, if you were in IT and had virtualization skills, you probably thought your future as an IT admin was secure.Today, that is no longer the case.In "The Big Switch" by Nicholas Carr, the author explains how the use of electricity in larger businesses shifted from on-premise...

Recently, more than 60 FOX members took part in a survey of family offices by the Private Investor Coalition (PIC). PIC is an authority on legislative and regulatory issues affecting single family offices, and serves as a resource for disseminating information on legislative, regulatory and complian...

Family wealth is notoriously difficult to maintain across generations. Without a powerful strategic vision, statistics show that family wealth is bound to dissipate. One useful strategy for nurturing a legacy is to foster an entrepreneurial culture within the family.Most families of wealth began the...