Families often complain about the challenge of getting siblings and cousins more engaged in business and family activities. There is a great divide between the “make it happen” people and the “watch it happen” people in the family, and a risk of burnout for the family members who are providing the leadership. Hea...
Families often complain about the challenge of getting siblings and cousins more engaged in business and family activities. There is a great divide between the “make it happen” people and the “watch it happen” people in the family, and a risk of burnout for the family members who are providing the leadership. Hea...
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 ge...
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 an...
Researchers examine 50 years of historical S&P 500 Index data and compare the actual tail risk frequency and magnitude to the expectations of a typical investor operating under modern portfolio theory. The difference between the two is surprising, and it suggests that investors have significantly underestimated tail risk frequency and severity.
A well designed absolute return portfolio should not encounter the frequency or magnitude of declines associated with volatile growth portfolios. The absence of large losses is the hidden strength of the approach, acting as a strong suppressant to investors' inherent fear biases, which, in turn, allows for a more consistent compounding of wealth ov...
Philanthropically minded families are vulnerable to the misuse of the personal financial information contained in mandatory filings that become public. However, these families are not defenseless; by following the best practices in this paper, they can greatly reduce the likelihood of being victimized.
Businesses worldwide are increasingly using social media networks to advertise and communicate with potential customers and constituents. Regardless of whether a business is using social media, its employees certainly are. Here are four reasons to establish rules for how employees use social media sites.
Planning ahead is the most important thing you can do to protect yourself and your family. Besides protecting your home from a possible burglary, it is important to think about your personal security. This article offers 28 tips for preventing a break-in and another 13 for keeping family members safe.
It is more important than ever for people with substantial wealth to fully understand their liability risk. In addition to wrongful termination and/or discrimination lawsuits filed by domestic staff, automobile injury claims, and libel and defamation lawsuits resulting from online activity, their overall lifestyle can create unique risk exposures.
Every family has stories of success and failure, hardships and recovery, lessons learned and long forgotten, and it is these stories that enable members of the family to gain a sense of the family's uniqueness, connect with the source of the family's financial wealth, and deal with losses and transitions. The author suggests three ways to begin pre...
Investors and advisors focused on wealth growth and preservation may see environment, social, and governance/socially responsible investing as taxing a portfolio's performance. This paper offers a framework with associated metrics for assessing ESG/SRI integration into the portfolio with the same rigor and discipline used in all other fiduciary dec...
While the outcome of many global issues remains uncertain, we believe the risk/reward equation favors taking well-calculated, above-average risk. Investor psychology can change at any moment. When the market returns its focus on individual company fundamentals, we expect significant alpha will be generated by portfolios that own high-quality compan...
Privately held companies are susceptible to a range of allegations brought by employees, customers, creditors, and government regulatory agencies. However, a comprehensive D&O insurance policy from a qualified insurer can absorb many of the risks to which managers and fiduciaries of private companies are exposed.
A return to a “high” market warrants a full understanding of the nature of ownership (legal title) risks in the art industry and how art investment fund managers can mitigate these risks.