Examining the impact of their behavior on the family client gives family office professionals insight into how to enhance their relationship with the family; it also highlights some of the ways in which their behavior may lead to unintended consequences.
In the post-Madoff era, the foundation and non-profit sector continues to struggle with how to invest philanthropic assets most appropriately and how to ensure that boards and staff are managing investments prudently.
Understanding the exposures involved with direct private equity investing as well as the insurance solutions to address those exposures is essential when implementing a direct private equity investment strategy for family offices.
This first national study explores the topic of family philanthropy through the family office including opportunities and challenges, perspectives and experiences of practitioners and family members with the family office structure. This is a collaborative project of the National Center for Family Philanthropy, Threshold Group, and FOX.
Home networks, social media and mobile devices have enriched our lives in many ways, but they have also multiplied the opportunities for security breaches. Families, especially those of substantial means, need to carefully evaluate the precautionary measures and protocols that protect their cyber environments.
Many family offices run like mom-and-pop shops need to embrace best-in-class management and oganizational standards. Blackman Kallick's Mark Blumenthal presents a case study of a small family office that put more formalized processes in place in this "Worth" magazine article.
SmartLife Funding dynamically manages life insurance by aligning the funding strategy with the insureds health profile to target the optimum period of coverage.
Volatile financial markets can create potential problems for investors and their advisors. While many expenses are generally fixed, assets designated to fund expenses may increase or decrease in value. In a worst case scenario, managers may have to liquidate assets at potentially “distressed” levels to meet these obligations. This paper reviews a ...
For many private collectors of fine art, lending artwork from their collection to a museum or cultural institution is a highly valuable and meaningful experience. For the good of the arts, it is very important that collectors continue to loan, but for the protection of collectors, it is also important that the financial value of the artwork be full...
Identity theft is now the fastest-growing financial crime, according to Thomson Reuters. Some 8.1 million people or 3.5 percent of the U.S. population were victims of identity theft last year. This paper outlines best practices to help safeguard your assets.
One of the key benefits of having a financial plan is how it can inform decisions regarding spending patterns and investment strategy. There are two questions that often come up during the process of developing a financial plan: How much risk should I take in my portfolio, assuming different spending levels and if I seem to have enough to cover rou...
In general, a lifestyle specialist should save you time, reduce your stress, be exceptionally trustworthy and honest, and demonstrate veritable focus on making your specific desires and objectives into exceptional realities. The imperative to preserve your complete privacy, security, and integrity should be both second nature and at the front of...
A family meeting held at an overseas destination can enable a family to impart values to younger generations, strengthen its legacy, and engage in hands-on philanthropic activities together. Learn how in this article.
This report looks at the keys to planning a successful trip to China, including aviation, medical care, and personal security. It includes a case study of family traveling to Beijing and Shanghai.
This white paper collects research highlights from earlier papers by Generation Investment Management on five key subjects: Climate Change, Pandemics, Real Needs at the Base and Peak of the Economic Pyramid, Water, and Demographics.