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In a historic referendum, 51.9 percent of voters in the United Kingdom (UK) elected to leave the European Union (EU), catching global markets off guard. Reaction has been significant, with large currency moves, falling yields on perceived safe-haven government bonds, and large sell-offs in the equity markets. Within a day of the vote to leave the EU, the British pound sterling dropped over 6 percent, the 10-year Treasury yield fell to 1.56 percent, and global equities plunged 3 to 9 percent. The spillover effect to the U.S. economy will be minimal, but earnings of U.S.

Britons voted to exit the European Union on June 23, marking the first time any country has left since its formation. The political consequences for Britain’s Prime Minister were swift, and people around the globe reacted with shock and confusion. The economic and investment impact of this decision led to a rising U.S. dollar and falling GDP growth estimates, which will put downward pressure on S&P revenue growth in an environment where sales, margins and corporate profits are already challenged.

After the United Kingdom (UK) voted to leave the European Union (EU), the global markets shifted to a “risk-off,” with global stocks, the British pound, and the euro all declining while the U.S. dollar, gold, and high-quality U.S. bonds rallied.

Studies show that nearly two out of every three homes are underinsured, and not all homeowners insurance policies are the same. There are significant coverage differences between standard insurers when compared to premier insurers that specializes in protecting high-value and architecturally unique homes. Having the right homeowners coverage will help ensure that you don’t have any unnecessary or unaddressed exposures that could result in an uncovered loss.

Some investors may think that their investment portfolios aren’t “making the grade” because they started investing at a point in the market cycle that has resulted in meager gains or even short-term losses. In volatile environments, a certain discipline is required to stick to an investment plan and avoid the temptation to exit the market. It can be difficult to resist the flight instinct in the midst of negative headlines and geopolitical uncertainty, but staying invested positions investors to capture the next market upswing.

A common question that a family often asks prior to building a family office is “What is a family office anyway and does my family actually need one?” The answer depends on the family’s goals, as well as understanding the four different types of family offices that are commonly used: (1) single family office, (2) family business office, (3) family virtual office, and (4) multi-family office.

While each family office has its own unique makeup and course to success, there are many recurring themes over the years which, when aggregated, form something of a roadmap which can be used to help guide other families on their own unique journeys—be they new to wealth or several generations deep. Against that backdrop, this eBook brings collective insights and experiences around family enterprise governance structures that will help families manage their family wealth across generations.

Terrorism can take many shapes and involve a vast range of political or ideological agendas. But there are common threads linking all acts of terror: they involve the use of threat of violence, they are random—potentially occurring in any country, against any target, at any time—and their ultimate goal is to generate fear. As terror tactics continue to evolve, individuals and corporations around the globe cannot depend on security forces for their safety.

To create a sustainable talent pipeline, employers must focus actively on attracting and retaining female talent. Greater gender diversity in leadership will not happen by accident—and to make progress towards it, employers must implement inclusive talent strategies that support the advancement, engagement, and development of this significant and growing talent population. An inclusive global mobility program is an important component of such strategies. It will help to create a business model in which all talent can prosper—including women.

A volunteer position with a nonprofit organization can be an incredibly rewarding experience—both for the volunteer and for the organization. But the path to key leadership roles with such organizations can be tricky to navigate. While the process inevitably will vary from organization to organization, there are a few things that can help with making the transition. Shedd Aquarium Board Member, Lloyd Semple, shares his secrets to board success, including how serving on a junior board can be a great entry point for younger people.