Despite mounting concerns over wealth taxes and a stream of wealthy individuals leaving the UK, new figures show that most family offices continue to base their operations in London.
Anthony Thomson, the entrepreneur behind Metro Bank and Atom Bank, is preparing to launch a new international bank tailored exclusively for family offices and ultra-high-net-worth individuals (UHNWIs). Currently operating under the provisional name Family Offices Bank, the venture aims to go live by late 2026. The concept emerged after numerous conversations with family offices and […]
Hiring family members into your business or family office can be a minefield — and if not handled with care, it can cost you more than money. Joshua Gentine, a third-generation heir to Sargento Foods and founder of Bench Consulting, says many wealthy families are too casual when putting the next generation on payroll. He […]
Swiss wealth manager Jar Capital has acquired Lyra Capital, a Singapore-based multi-family office founded in 2007, in a cash-and-stock transaction. While financial details remain confidential, the deal is expected to close later this month, according to a statement released on 17 July. The acquisition significantly boosts Jar’s presence in Asia, creating a combined entity managing […]
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