Family Office

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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 17
Dubai Prince Reverses Decision on Hong Kong Family Office Plans

After generating considerable excitement, Sheikh Ali Rashed Ali Saeed Al Maktoum has announced that he will not be establishing a family office in Hong Kong in the near future. The Dubai-based family office, which was originally scheduled to open in March, has now put these plans on hold indefinitely. This update was reported by the […]

Jul 15
Adapting Family Office Cybersecurity: In-House or Outsourced?

Family offices need to prioritise cybersecurity, whether handled internally or outsourced. Ignoring cybersecurity leaves them vulnerable to criminal threats, requiring an evolution in their defence strategies. Andrew J. Evans, CEO and founder of Rossby Financial, highlights this vulnerability. A 2023 report by Dentons reveals that many North American family offices faced cyber attacks, with only […]

Jul 12
The Rise of Family Offices as Global Wealth Powerhouses

The family office sector, responsible for managing the investments of the ultra-wealthy, has rapidly become one of the world’s leading wealth generators. Once a niche sector, it now includes around 15,000 offices globally, managing approximately $5.9 trillion in assets. Originating over 150 years ago with American financier John Pierpont Morgan, the family office concept has […]

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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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