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A complete and well-developed art service platform can be a competitive advantage for a family office, and as competition increases these platforms will be more global, transparent and diverse in their offerings. Knowing these trends and changing your office to accommodate them can set a family office on solid ground with often demanding collecting...

The term "art storage" is something of a misnomer as it is not solely focused on the storage of paintings and sculpture. Art storage applies to the safekeeping and preservation of a wide variety of property, everything from prints to jewelry to couture fashion to wine. This paper details seven crucial characteristics you should seek in an art stora...

Video biographies are an emerging instrument many ultra-high-net worth families are commissioning to help preserve their history. The biographies allow the wealth builders, or their progeny, to discuss, in their own words, important topics that are of concern to them – family governance issues, estate and tax strategy, philanthropic arrangements an...

The increase in ultra-high net worth families around the world—especially in the emerging economies of Asia, the Middle East, and Latin America—makes family offices a growing force in the global investment market. But if family offices are to live up to the high expectations of their client families, they must offer an exceptional level...

The cloud is the hottest buzzword in the technology industry right now. The whole subject of cloud computing, however, is often clouded — so to speak — by a lot of technical terminology and marketing hype. This white paper is an introduction to cloud computing written specifically for investment managers. It explains what cloud computing is, descri...

The US Treasury has now released the long-anticipated “Model 2” intergovernmental agreement (“IGA”) to facilitate the implementation of FATCA, which is expected to be the template for US agreements with Switzerland, Japan, and certain other countries where there might be domestic legal or administrative impediments to entering into a Model 1 IGA. T...

This paper answers frequently asked questions on how health care reform will affect companies with more than 50 employees. The report includes sections on options available to employers, penalties for non-compliance and the industries impacted the most.

Families that marry the strength of individualism with a more inclusive, long-term mindset can capture the best of both worlds. They can improve on a traditional foundation with diversified business interests and strategically populate affiliated ventures with members of the extended family.

When it comes to families, reputation management involves much more than preparing for or responding to critical incidents. It is connected to the family’s values, history, and future aspirations. This article provides an overview of best practices families can institute to foster and safeguard their good name.

Family offices of all sizes face document management challenges for a number of reasons: Increasing regulatory compliance requirements are revealing existing document management gaps/deficiencies. As FOs increase advisor productivity in client service and business development through advanced CRM systems, the deficiencies...

In this edition of Market Insights, Glenmede provides an in-depth look at recent U.S. employment numbers and highlights the following:The post-recession employment recovery has been weak.The unemployment rate is falling, having reached 6.6 percent from a 2009 high of 10 percent.The declining labor force is the result of a natural evolution in demog...

As the family office sector evolves fund structures are becoming increasingly relevant and beneficial to manage the assets within the family. Many of the usual considerations for fund managers are equally valid for family offices.This article describes the several potential fund structures that:Provide a recognised and well established legal framew...

Plante Moran provides an in-depth look at password security and sheds light on some of the hacking tools out there. These tools are far better at guessing than you may imagine and, at rates of up to billions of guesses per second, much more persistent.So, what are our options? How can we combat this rising issue?No password is uncrackable. Given en...

The loss of a spouse to either death or divorce is one of the most traumatic experiences anyone can go through. Life will change irrevocably in many ways for the surviving spouse or separated partners. This article reviews often-neglected steps that may lessen the burden and financial issues that you and/or your spouse may face when this painful lo...

It is frequently suggested that that family offices should mimic institutions and adopt an institutionally disciplined and process-oriented approach when managing their investment portfolios. Through a process-oriented approach, institutions and family offices can be more effective and produce more efficient long-term results.While this concept is ...