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Julius Rosenwald, the organizational and merchandising genius responsible for the extraordinary growth of Sears, Roebuck & Co., had five children, the youngest of whom was William. When Julius passed away in 1932, he left a single organization which was responsible for the oversight and management of his children's affairs and assets. In 1946 Willi...

The budgetary crises of state and local governments have started to receive more attention, leading some to declare that the municipal market may be ground zero for the next financial crisis. Gresham Partners examines the root causes of these concerns and attempts to determine the likelihood that continuing credit pressures will cascade into the ne...

Domestic demand is increasing across Asia, but the continent still relies heavily on exports for its growth. A report from Aberdeen Asset Management Asia Ltd. considers factors related to Asian domestic demand, such as the effect of China's recent move to revalue its currency and the region's use of exchange rate management as its key policy manage...

Despite heightened fears of a double-digit recession, we see plentiful evidence of improving, equity-friendly fundamentals. Global economies are growing again, and large multinational companies are benefiting from exposure to healthier emerging markets.

Venture capital shows signs of recovery. Short-term returns have improved and investment volumes have increased to almost pre-crisis levels in the U.S. Analysis supports the notion that a vibrant VC market is conducive to technological progress and, thus, growth.

Researchers measure differences in wealth across countries and the extent of change during the past decade. They examine patterns of wealth geographically and by gender, as well as differences in household portfolios.

One frequently overlooked vehicle for transmitting values is family wealth management. Although money has often been seen as a disruptive force in maintaining positive family values, families who have avoided this "dark side" of wealth have done so by developing a proactive program for wealth management instead of assuming that appropriate values ...

Philanthropy is and was, for the Brumley family bone deep. When the Brumleys addressed a complex philanthropic problem, they invested every form of capital available to them; a considerable treasure and commitment. The Brumleys were committed to total engagement in all that they did together.

Heritage Finance & Trust Company, Geneva, Switzerland, was founded in 1986 in Switzerland as a single family office providing financial advisory and portfolio management services. Over time, Heritage has evolved into a multifamily, multi-client office as it has seen demand for its services increase from an extended circle of family members and thei...

Cousins Michael, Richard and David Horvitz told the story of their family, the birth and evolution of their individual family offices and their differing approaches to investing family assets. They also spoke of the challenges of transitioning from a trustee's office to a sibling's office and the lessons they learned along the way.

Interview with Marianne Wilder Young, president of the Market Street Trust Company.

Perspectives of six individuals who have moved into new family office positions.

One tradition that some FOX members take quite seriously is that of documenting their family’s, company’s and even family office’s history. To assist other FOX members who haven’t yet decided upon the best means of accomplishing this challenge, we talked with two family group, the Richardson Family and the Laird Norton Family, who have done an extr...

In our 1st Quarter 1991 newsletter, FOX interviewed the Laird Norton family office, which at that time had become a Private Trust Company and had been serving outside clients for several years. Now a firmly established Multifamily Office, Larid Norton discusses how their firm has evolved.

FOX interview with Mort about the Sachs family office.