Family Office Best Practices

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Resilience & Recovery in Unprecedented Times
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In the face of a Global Pandemic and the economic and social volatility of 2020, principles of resilience and recovery were in the forefront of our thinking about wealth management and generational succession. Throughout history, these principles have been at the core of wealth creation and wealth transfer. Capacity to identify change, respond to challenges, take action and learn from experience have been essential to sustain wealth across generations.

Reopening and Readjusting: What Businesses Should Be Thinking About
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Business closures have been immensely difficult for companies of all sizes during the COVID-19 pandemic. But reopening is proving difficult, too, especially given the ever-changing nature of the pandemic. As cases have surged in new parts of the country, businesses have been forced to reassess their operational plans in both the near- and long-term. Owners and executives are paying close attention both to customer and employee safety. And businesses must be mindful of potential legal ramifications of their decisions.

Exploring the Depths of a Passion for Building a Business
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After pursuing a career in the skies - at 19, he was the youngest licensed jet transport pilot - and as a tech investor, Stockton Rush turned his curiosity and passion for exploration into OceanGate, a company that builds deep ocean submersibles and offers researchers and citizens alike a chance to take an expedition of a lifetime. We heard his pioneering story about innovation, design, and a desire to push boundaries in exploration of some of the world's deepest ocean sites.

Biden v. Trump: Tax Planning in Uncertain Times
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As a clearer picture of each U.S. presidential candidate’s platforms emerges, many have yet to consider how a potential change in leadership may impact their current estate tax and income tax. This guides provides a thorough outline and comparison of both Biden’s and Trump’s tax platforms and includes possible impacts to high-income earners, high net worth individuals, and families. To help mitigate the tax impacts, several key strategies are brought into focus.

Navigating Expense Reimbursement Amidst the New Work-From-Home Normal
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With the unprecedented shift to working from home due to the COVID-19 pandemic, many employers had to quickly adjust to utilizing a virtual workforce. As a result, employers may be overlooking business-related expenses being incurred by their employees. This brief refresher provides guidance on employer obligations with regard to expense reimbursement amidst the pandemic.

Spot and Manage Talent in the New Paradigm
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Covid-19 has changed all the rules. The familiar guideposts and benchmarks are now moving targets. Will being virtual help or hinder finding talent? How about retaining it? Is work from home a temporary or permanent condition? Our panel discussion featured insights from experts who’ve faced down these challenging questions.Moderator: Peter Leo, Director, Human Capital, Family Office ExchangeCassie Atteberry, Principal, Talent Outside the LinesNeil Kreuzberger, President and Founder, Kreuzberger Associates, LLC

Breakout Session 1: Results from FOX’s 2020 Compensation & Benefits Survey, sponsored by Grant Thornton
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Find out what we learned about current family office compensation and benefits practices, including how Covid-19 has affected office structures.Cassie Atteberry, Principal, Talent Outside the LinesKen Cameron, Director, Grant Thornton, LLPGlen W. Johnson, Chief Operating Officer, Family Office ExchangeRob Storrick, Manager, Human Capital Services, Grant Thornton LLP

Breakout Session 2: Managing Under Covid-19
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Discuss how you’re supporting employees and family members during Covid-19, including mental health, education, and work-from-home policies.Arden O'Connor, CEO, O'Connor Professional GroupKatherine Richardson, EVP, Chief Human Resources Officer, PURE InsuranceRuth Easterling​, Managing Director, Member Services​, Family Office Exchange

Breakout Session 3: Improving Quality Through Family Office as a Service
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Learn how process mapping can help firms improve quality of their client deliverables, operations, efficiency, and expenses.Robert E. Mallernee, CPA, CFA, Chief Executive Officer & System Designer, Eton Solutions, L.P.: Founder and CEO, Eton Advisors Group, LLCKaren Rush, Managing Director, Membership, Family Office Exchange