Three Big Mistakes The Ultra-Wealthy Make Establishing Single-Family Offices

With the boom in private wealth, there is an accompanying boom in the creation of single-family offices. A number of them are inadvertently structured to deliver substandard results. With the growth in private wealth creation at the high end, new single-family offices are being established at a faster rate than ever before. This expansion is apparently producing … Continue reading →

How Affluent Investors Use Mobile Technology

A majority of investors do research on financial products using mobile technology.  People use their newest technological gadgets for many varied purposes, but most people use their personal computers, smartphones and tablets to watch the news. A Spectrem’s Millionaire Corner study,Using Social Media and Mobile Technology in Financial Decisions, shows that over 90 percent of … Continue reading →

How a family office kept Patni brothers Arihant & Amit together – The Economic Times

By Aditi Saxena and Rashmi Menon Family fights over money invariably end in bitterness. And when there’s more than $1 billion at stake, arguments over who gets what can lead to the kind of rows that tear families apart. But the Patni brothers had the foresight to set up a family office back in the … Continue reading →

Emerging managers to benefit from return of family office capital

There has been a sizeable growth in seed deals and day-one investments as family offices increasingly regain their confidence in hedge funds. “We are seeing more family offices get involved in start-ups. With the decline of the funds of hedge funds industry, more family offices are investing directly in hedge funds,” said Kevin LoPrimo, managing … Continue reading →

Family office concept takes a foothold in India

Patni’s investment in Waterfield Advisors shows the concept catching up in India Shivani Shinde Nadhe  |   May 8, 2014 Last Updated at 00:01 IST Being rich is not always fun, especially if it involves managing the family wealth and spotting the right financial investments. At least, that has been the experience of Amit Patni, one of the … Continue reading →

Michael Dell’s Family Office to sell gardening firm ValleyCrest to KKR unit: Report

Michael Dell‘s family office is likely to shed its corporate gardening company this spring in a deal expected to be worth at least $1 billion (€723 million). Dell, the entrepreneur behind the eponymous software giant, bought ValleyCrest in 2007 for an undisclosed sum via his family office, MSD Capital. MSD Capital is now considering sale … Continue reading →

Pointed portfolios: Six ways family business owners invest differently

How do the biggest family businesses manage their wealth? Most of their portfolios will be similar to those of any high net worth individual, with investments in listed equities, listed properties, bonds and cash. But there are differences. Family office specialists say family businesses tend to be more aware of where they came from, and … Continue reading →

Iveagh name to go as City Financial buys family office wealth manager

The Iveagh name is to vanish from the investment world in the near future after the group agreed a deal with City Financial which will see the latter buy its fund range this year. Earlier this month, Investment Week revealed the Iveagh fund range – the Dublin-listed portfolios run by Iveagh CIO Chris Wyllie – is to be sold … Continue reading →

Generation to Generation: How to Save the Family Business

Most family-owned businesses—approximately 70%—last just one generation. Because an estimated 80% of businesses across the globe are family-owned, the low survival rate has alarming consequences. Consider this: In the United States alone, family-owned businesses (FOBs) are responsible for 60% of total US employment and generate 78% of all new jobs. Further, some of the world’s biggest companies … Continue reading →

10 Ways to Protect Your HNW Client in an Increasingly Digital World

We’re all growing increasingly concerned about personal and financial cyber security.  The following story, shared with us by our digital security consultant, is just one of many examples of how hackers and identity thieves are finding new ways to access our personal information and deeply disrupt our lives:   “They just clicked on an innocent … Continue reading →