ESG factors can be hard to quantify in frontier markets, but a quantitative approach with a qualitative overlay may help uncover attractive opportunities. For the transcript of this video, select the Download option.
Many newly wealthy families can credit their expanded fortunes to a major liquidity event, most frequently the sale of a business. For many in this group, recently acquired wealth creates a host of new and, sometimes unexpected, challenges. While the challenges will vary from family to family, the members of this group share some common needs. In this piece, we look at what those needs are and how they might be addressed when creating a comprehensive financial plan.
Artificial Intelligence (AI) systems are poised to drastically alter the way businesses and governments operate on a global scale, with significant regulations already under way. To avoid overburdening businesses with the compliance requirements that aim to maintain the accountability, transparency, and fairness of AI, it is important for regulators to ensure that stakeholders may still leverage AI technologies’ great benefits in a cost-effective manner.
Best practice business processes and workflows for the family office are essential factors in maximizing efficiency, minimizing risk, and positively impacting ongoing staffing challenges. However, clinging to old ideas has hindered family offices’ adoption of modern capabilities. Despite the uniqueness of every family office, there are many areas to incorporate universal truths where industry-standard workflows and best practices can be leveraged to ensure efficiency and employee productivity, reduce risks, and improve outcomes across the entire enterprise.
While there is no single thing that makes a college essay good, there are three core characteristics that are part of every good essay. Beginning with knowing how to immediately establish attention within the first sentence, a college essay can stand out and make the admission officers want to read further and discover more about the person who is seeking admission into their college.
Departing for college is a major life event for your family, marking a significant step toward your child's independence. Whether your child is going near or far, planning is critical. Follow this checklist to address critical healthcare, insurance, personal safety, and financial decisions.
Serving as a trustee for your family can be a valuable experience for you, while also providing an important service to your family. But before you accept the position, make sure that you understand the role you will play for the family and are willing to accept the responsibilities and liability that come with it.
While there are many ways for a high school student to gain meaningful experiences during the summer for college, one excellent way is to attend a pre-college program. Learn how can you choose the right summer program.
Taking on the role of a direct household employer can be complicated—even for households with a single employee. This guide includes best practices for navigating the complex environment of household employment and provides practical advice on how to avoid the legal, financial, and reputational consequences associated with non-compliant employment.
Social responsibility is not new to family businesses. However, issues related to sustainability, climate risk, poverty, and uncertainty in many parts of the world are rising in importance. Leaders are turning their attention to ‘people, planet, and profit’ goals to generate value for the environment, create jobs, contribute to community prosperity, and deliver long-term value to the family as well as the business.