Family and multi-family office executives often ask us for human resources best practices. Our panel of family office human resources professionals will share their perspectives on lessons learned, best practices adopted and legal parameters to be considered in managing employee relationships and the human resource function in the office.
Peer Dialogue by TopicChoose a topic you are interested in to take a deeper dive with small group discussion: Group #1 – Technology –in St. Clair 1-2Subject matter expert: Craig Cook, Oakbrook Solutions & Mark Rogozinski, RockITFOX facilitators: Michael Sallas, Amy Hart Clyne, Jo Wellman, Mariann Mihailidis, Alexandre Monnier & Marv Pollack Group #2 – Risk Management –in St.
Wealth owner and family office investment performance bounced back in 2012. So how are these investors feeling about the economy and planning for 2013? FOX will dig into the results of two recent investment surveys to provide a look at both ends of the market - self-directed wealth owners with less than $100M investable and families with family offices and assets in excess of $100M. This presentation will profile the asset allocation and investment performance of these two groups, along with their top concerns and views on strategic investment opportunities for 2013 and beyond.
It has been said that that business leaders frequently overestimate the impact of change in the short term and underestimate the impact of change in the long term. Many advisors are aware of the shifts in servicing required by the millennial next generation of wealth owners. This session challenges attendees to think about the 10-year impact of these changes and how servicing in the future will look for your firm. What specific changes can we expect to see moving forward, not least in regard to buying behavior? What do firms need to do now to ensure that they are not left behind?
Leslie Voth, President and Chief Executive Officer of Pitcairn comments on how to nurture the next generation of advisory and relationship talent within your office, and proactively manage transitions in the office.
Maintaining and enhancing corporate brand reputations is an entirely different challenge in today’s media environment. This session will examine how to secure your reputation in a social media world, and the tools that advisory firms have at their disposal to nurture and enhance their brand image.
What are the leadership attributes and behaviors that wealth owners need to embody in order to promote long-term wealth sustainability and family continuity in 21st century? How do they differ, if at all, from the past? Karen Neal, FOX Managing Director of Consulting, will facilitate a dialogue, drawing on a family example presented by 4th gen family member, Preston Root. Preston is the President of his family’s board of directors after assuming leadership responsibilities from his mother.
David Friedman, President of WealthX, will share his firm's research on the private business marketplace, identifying its size and ownership by industry type. David will compare US ownership trends with patterns found in other parts of the world and how transfer taxes impact business structures. He will help us evaluate the importance of private capital, the implications of worldwide shifts in private capital, and what these shift may mean for the global economy.
Sara Hamilton, CEO and Founder of FOX, will share the FOX research on some of the key trends and issues that will change the landscape for business owning families over the next decade. Sara will outline key questions that advisors need to pose to their business owner clients who are facing critical transitions, and the panel participants and the attendees will address these issues.
Drawing on insights from FOX’s recent benchmarking initiative for multi-family office and wealth advisory firms, this presentation will explore profitability trends and related challenges. FOX will complement the perspectives of leading multi-family offices and advisory firms with high-quality benchmarking data that focus specifically on what matters most to industry managers; profitability and growth, pricing strategies, talent and compensation. A wealth advisory firm's success often depends on promoting an innovative, entrepreneurial and client-centric culture.