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.
Family offices in China have grown from practically nothing 15 years ago to a hyper-competitive industry now. Zhang Yong, a former private banker who set up one of the country’s biggest multi-family offices, shows how the market has developed.
Amidst the current pandemic, businesses are at a frantic standstill for obtaining financial resources through the United States’ CARES act. To assist local family-owned businesses both large and small, Family Office Network sat with president and CEO of Palm Beach Tax Group, Roland C. Manuel to talk about sustainable financial business practices during this unpredictable COVID-19 financial crisis.
It pays to be a senior executive in a U.S. family office.
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