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While many individuals may have the skills and experience for a private staffing position, it’s the chemistry and having a system in place that makes it work for all parties. With this guide that includes job descriptions and requirements, discover the actionable insights and best practices for optimizing your private staff throughout the hiring process lifecycle. Learn how to prepare to hire, search for the right employee, evaluate candidates, conduct background checks, and much more.

The idea that people generally prefer consuming goods and services today rather than at some point in the distant future is a basic tenet of economic theory. Based on this, savers usually require positive real interest rates to forsake current consumption and hand over their money. Of course, borrowers can only pay positive rates if their investments generate real positive earnings, usually on the back of a growing economy. At a real interest rate of zero, however, investments which do not foster growth may look attractive.

Currently the gas sector is going through a unique and challenging phase. In India the landscape is being altered by the needs of global energy suppliers, who are paying serious attention to the nation. With its high macroeconomic growth prospects and billion-plus population, India is confronted with concerns about energy security and environmental sustainability. Thus, Indian policymakers have begun to take a constructive look at policy enablement.

Teaching children about personal finance, owning foreign assets, assessing the impact of tax extenders, and staying current on the Net Investment Income Tax are topics that many high net worth individuals must address in an on-going basis. Understanding the often highly complex issues and ever changing rules are challenging for even the most diligent individual.

In previous studies we've talked about the critical success factors for family businesses: the 3 'S's: skills, scale and succession. These are as relevant for the next gen to be successful as they are for the current gen. And now, we think there is a fourth to add that will be critical for the next gen as they adapt to today's business environment—stakeholders. Across all businesses, stakeholders are becoming increasingly important in determining business success.

It’s tempting to imagine the computer systems as airtight vaults, impenetrable and immune to cyberattacks. But this would be a risky move. In reality, IT infrastructure is more like a porous sponge with gaping holes where data can leak when things don’t go according to plan: a staff member might lose a laptop, a system might experience a configuration error, or sensitive information might accidentally be published online.

In today’s world of big data, an information breach can put sensitive financial data in the hands of people who would use it for fraudulent purposes. One of the most troublesome uses for stolen information is the filing of fraudulent tax returns. In 2015 alone, an IRS hack left the data of more than 700,000 taxpayers compromised. Tax return identity theft presents a harder problem to solve than fraudulent credit card use, because a taxpayer’s social security account is much harder to change.

All companies hit bumps along the road to growth, bumps that usually have less to do with external factors like the industry and marketplace and much more to do with the natural way organizations evolve. The most successful organizations and enterprises plan ahead. They have the foresight, and they proactively make the proper organizational changes to accelerate them through the four phases of the business life cycle: startup, growth, maturity, and decline. There are seven critical factors to help navigate the transition and reignite growth.

Talking about wealth is every bit as important as creating a technical wealth plan—if not more so. Preparing a wealth transfer plan for your assets “on paper,” but failing to help your loved ones understand how to manage those assets in their lives, leaves the true process of sharing wealth incomplete and subject to real, but avoidable, risks. When it comes to family money and wealth, it is important to understand the variety of styles families may employ to encourage proactive, healthy, and informative family discussions.

Our January 2016 commentary suggested “…we are in a transition period between central bank-induced liquidity and eventual normalization of markets. This transition period has been and will continue to be a bit choppy…”