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Where Billionaire Family Offices Placed Their AI Bets in November
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
Dec
30
Indian Family Offices Deepen Investments in Startups
Indian family offices are ramping up their investments in startups across diverse sectors such as chip technology, robotics, space exploration, and green energy, driven by the potential for high returns. This shift has been particularly evident in investments from entities like Premji Invest and Manipal Education and Medical Group, which have participated in over 60 […]
Dec
23
Millennials and Gen X Rewrite the Rulebook on Family Wealth
How Younger Generations Are Transforming Family Offices Amid the Great Wealth Transfer The transfer of wealth across generations is reshaping the traditional family office as Gen X and millennials inherit unprecedented amounts of wealth. According to Cerulli Associates, over $85 trillion is set to pass to heirs by 2048. This phenomenon, often referred to as […]
Dec
20
Fidelity’s Forge Community Gets a New Spark with Kimberly Sheehy
Kimberly Sheehy has been appointed as the new head of a family office group owned by Fidelity Investments’ parent company. Sheehy, a seasoned Fidelity veteran, will oversee the Communities Center of Excellence, which includes two exclusive networks: Forge Community for professionals managing ultra-wealthy family investments and Finteract for financial advisers. She succeeds Jennifer Richardson, who […]
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