Altair looks at the diversification and safety benefits of placing all assets with one advisor in this article originally published in Worth magazine.
Portfolios do not exist in a vacuum. Investment decisions have tax implications, estate plans often have investment implications, and insurance may affect all aspects of your financial plan. With this level of interconnectedness, a lack of strong coordination among advisors leads to inefficiencies and, perhaps worse, missed opportunities.
For financial advisors, starting or expanding family office services can be a challenging task, especially when considering the multi-family office model. This report examines how traditional financial advisors are confronting growing demand for family office services among their wealthy clients.
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...
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 ...
Case management, a new concept in the addiction and behavioral health field, can significantly increase the likelihood of sustained recovery for individuals who suffer from chronic diseases such as alcoholism, drug dependence, depression and other addictive and behavioral disorders.
Supportive and knowledgeable family members can be very influential in supporting a loved one’s recovery from addiction. With the help of a trusted addiction counselor, families can become “positive enablers” by developing a long-term recovery management plan, looking for effective treatment and identifying sources of leverage for...
Families of significant wealth rightfully expect their attorneys, investment professionals and CPAs to be among the best, the brightest and the most effective. It’s time they expect the same from their banker. Banking has lagged the industry in evolution and innovation and is understandably seen as a commodity. The only way banking can be see...
Business brokerage services are critically important to the liquidity of small business ownership, business growth, and related jobs preservation and creation. Baby boomers are faced with the prospects of either selling or closing their businesses to retire. Small business owners need and rely upon the professional services of merger and acquisitio...
Pitcairn and The Corporate Greenhouse have co-written a case study that validates why talent planning and business planning are equally important and interdependent. The case study discusses how Pitcairn’s CEO is transforming a 90-year-old family business into a high-performing multi‑family office with increased profitabil...
The Global Family Business Survey is the seventh survey by PwC from interviews conducted with key decision makes in family businesses in 40 countries. Without question, family firms remain a dynamic and resilient sector, even though the post-recession economic environment is proving tough, and there are continuing pressures...
This report documents how the family office has fast emerged as a viable structure from which to manage the assets of wealthy families in Asia. The rapid growth of the UHNWI population in the region and the tax-friendly environment and robust capability provided in regional financial hubs suggest a further expansion of the industry in years to come...
The desire to integrate values and investment decisions has long been important to investors and is a movement that has gained permanency. Research shows that when implemented thoughtfully with active management, impact investing can achieve social goals, as well as produce competitive and even excess returns over a benchmark. A deep and growing fi...
Effective Board oversight demands information that is current and relevant. However, the natural gaps that exist between what management communicates to the board and what the board needs to know, often creates inefficiencies and ineffectiveness of oversight. This report tackles these issues of disconnect between management and the board and offers...