Even the best leaders experience growing pains and stepping into a new leadership role within a family enterprise can be an especially challenging experience. In last week’s article, several industry experts shared leadership advice they’d offer the next generation. This week, we hear fr...

We are pleased to welcome Howard Bragman as a keynote speaker at this year’s FOX Wealth Advisor Forum. Howard is the vice chairman of Reputation.com, an online reputation management organization, and founder of the public relations firm Fifteen Minutes. He is the author of Where's My Fifteen M...

It is the fate of almost every fourth-to-sixth generation family: the wealth dissipates as the family grows, unless their culture goes beyond wealth preservation to encourage wealth creation. That means taking informed risks (emphasis on informed). If some portion of the diversified asset pool is di...

Recently, a conversation with a next gen member about leadership succession challenges within her family made me realize how frequently younger family members accept a leadership role only to find themselves overwhelmed by their new responsibilities. I recently asked several industry leaders what ad...

Wealthy families, single family offices, and wealth advisors continue to live in the long shadows of economic and political uncertainty, as well as generational transitions. If economic uncertainty has been a persistent concern since at least 2008, other macro trends are more dynamic in nature. Poli...

Educating the next generation may very well be the key to multi-generational wealth sustainability. Education enables family members to be better, more confident decision makers. It allows them to have deeper, more effective discussions with family office executives and external advisors. In additio...

Amidst all the doom and gloom of European austerity and the general anxiety about the continent’s future, there is considerable evidence that Europe remains surprisingly well positioned to compete in the global market.For the past three decades, the World Economic Forum has performed a detailed annu...

Follow effective action with quiet reflection. From the quiet reflection will come even more effective action. -Peter DruckerIn the rush to wrap up 2012, taking time to stop and reflect on the office’s performance can feel like a luxury for which there is no time. Yet 44% of recent FOX Family O...

On November 29, 2012, the Commodity Futures Trading Commission issued a No-Action letter exempting family offices from registration as Commodity Pool Operators. Family Offices that qualify under SEC definition of a family office will be eligible.The new CFTC rule does require that family offices sub...

Family education is one of several building blocks that interlock to support the transfer of family legacy and sustain wealth across generations. When done well, family education results in responsible, engaged family members working together to achieve common goals. Perhaps equally important, it ca...