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Rockefeller Capital draws new investment from Chanel family office and others

Rockefeller Capital Management — the modern successor to John D. Rockefeller’s historic family office — has attracted fresh investment from some of the world’s wealthiest families, according to CNBC.

Jul 02
John Paulson Converts His Hedge Fund Firm to a Family Office

When it comes to hedge funds, John Paulson is among the most popular names in the industry. The big-name money manager came into the limelight during the 2008 global financial crisis when he emerged as one of the winners of the economic meltdown.

Jul 01
Super-Rich Holding More Debt in Portfolios Amid the COVID-19 Jitters

Wealth managers are typically averse to redeeming mutual funds at a loss. The portfolios of the super-rich in India have been leaning towards the debt amid the uncertainties due to the COVID-19 pandemic in the country.

Jun 30
Voices Art of Accounting: Developing a niche or specialty

It is important to develop a specialty, but it needs to be balanced with the needs of the practice and your interests. In this age of specialization and niche expertise, being a generalist is a negative to most people, indicating a lack of competency in an area. When someone professes to be an “expert” in […]

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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.

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