Resource Search

According to the Substance Abuse and Mental Health Administration's (SAMHSA's) National Survey on Drug Use and Health in 2006, 23.6 million persons aged 12 or older needed treatment for an illicit drug or alcohol abuse problem (9.6 percent of the persons aged 12 or older).Most families face these issues at one time or another – but for high net worth family members, personal problems come with an additional layer of risks to the family enterprise. How can family office staff and family advisors provide appropriate support and management on behalf of a family member in crisis?

Compensation and benefits are the largest expenses for multi-family offices and wealth advisors, often representing over 50% of the firm’s expenses.In this session – a reprise and continuation of research presented at the 2009 Wealth Advisor Forum – study leaders review FOX’s latest proprietary research into the “economics of talent”.Participants in this program will gain knowledge of:

Over the past 20 years, the use of corporate structures to protect families of means has grown exponentially. Family assets that once would have been housed within in a (relatively) simple, single entity are now spread across multiple corporations, trusts, partnerships, and more.In this two-part program, an interdisciplinary team of legal, tax, and risk management professionals will discuss major wealth management structures currently used by families from a variety of perspectives.

Over the past 20 years, the use of corporate structures to protect families of means has grown exponentially. Family assets that once would have been housed within in a (relatively) simple, single entity are now spread across multiple corporations, trusts, partnerships, and more.In this two-part program, an interdisciplinary team of legal, tax, and risk management professionals will discuss major wealth management structures currently used by families from a variety of perspectives.

Effective communication during times of turmoil can be challenging and downright daunting for affluent families and their advisors. From the recent meltdown in the financial markets to difficult wealth transfer discussions, families and their advisors often have to tackle some complicated topics and navigate sensitive issues that can be further exacerbated during troubling times.

Over the past decades, family specialists have developed a deeper understanding of the host of emotional responses that accompany wealth events – whether the event in question is a business sale, inheritance, trust distribution, or other financial transition.

In mainstream media coverage of America's health care system, it is commonly implied that wealthy patients are largely immune to health care challenges and risks. The conventional wisdom is often that simply by paying high premiums for private insurance (or by paying cash), patients can get the best care and avoid - or override - any health care problems.However, in reality it is not this simple.

The latest in FOX's original research studies examines the many ways in which family wealth advisors structure and implement their fee and pricing models in today's marketplace.This program will offer a comprehensive review of pricing strategies and practices that leading multi-family offices, private banks and other wealth advisors employ to realize full value exchange with clients.

Collaboration is necessary to both business and family success in the 21st century. Yet many families find it difficult to develop a collaborative culture - and collaborative leadership - when their family has traditionally been organized around the directives of a founding patriarch or matriarch.Business-owning families in particular may struggle with these kinds of paradigm shifts. New leadership skills are required to help family members make decisions, while simultaneously managing their emotional responses to the stress of change.

Recently, continuing changes across global markets, in combination with a weakening dollar, have led many family offices to consider holding funds in other currencies. How smart is this strategy - and how do the best of the best manage multi-currency investing?In this program, an interdisciplinary team of experts share their insights into both the investment and the legal/regulatory sides of active currency management.