Family Office

NEWS

Family Offices Navigate Data Blackout Amid Government Shutdown

The ongoing U.S. government shutdown has disrupted the flow of vital economic data, leaving family offices without many of the indicators they rely on for investment decisions. With no updates on unemployment, trade, or commodities figures, investors are turning to corporate earnings and alternative data sources to gauge the health of the economy.

Jun 07
A Tech Founder Cashed Out and Bet It All on Apple and Wells Fargo

When Ryan Cohen sold the pet retailer he co-founded for $3.35 billion in 2017, he had a clear idea of what he’d do with his share of the proceeds.

Jun 07
$400M Nicklas Financial Aligns With JFC, Joins LPL

Nicklas Financial, a family-owned business in Jefferson City, Mo., has aligned with JFC Financial Services in Lincoln, Neb., to join LPL Financial’s broker-dealer, corporate registered investment advisor and custodial platforms, the companies announced earlier this week in a news release.

Jun 07
Info Edge’s startup bet soars 7X as company scales up size of its maiden fund; backs four startups

Info Edge had received an alternative investment fund class II license from SEBI in January this year to “fund investments unrelated to the core operating entity,” the filing read.

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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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