Key Private Bank, the wealth management division of KeyCorp, today announced that it is the recipient of the 2019 Fiduciary or Trust Services Award from Family Wealth Report (FWR).
Legal 1031 Exchange Services, LLC, a national qualified intermediary for 1031 exchanges, and a subsidiary of Kensington Vanguard National Land Services, announced today that they have created a web based Covid-19 1031 exchange extension calculator.
COVID-19 presents a crisis of unprecedented scale. The decisions you make today to stabilize yourself and your organization can have long-term impacts on your financial position.
Family office advisers who are experts in multiple disciplines can help family offices to navigate the ever-evolving global business environment and the many shifts and challenges it presents. All while ensuring the engagement of multi-generational family members across the board. Here’s a list of the top five experts every office needs: Communications Practitioner Communication plays a […]
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Approximately a decade or so now, the Lehman Brothers or Financial meltdown created new paradigms in finance, management and corporate growth and business renewal. The system that allowed the excesses due to no regulation or regulation sent people into business areas to avoid regulation may have been corrected or maybe not.
As the great wealth transfer unfolds, with trillions of dollars in wealth transferring to millennial investors, traditional family office advisors risk becoming extinct if they don’t adapt and future-proof their consultancies. An InvestmentNews survey taken a few years ago revealed that 66% of children fire their parents’ financial advisors after inheriting their wealth. More recent […]
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On this episode of The Family Business Voice, Katerina Andreou spoke to Ramia about establishing boundaries to build in strength to the family business.
Like many companies, FINTRX evolved from a personal pain point – the inability to find updated, quality information on the private wealth and family office markets.
The great wealth transfer is upon us. Various finance industry experts estimate that over the next two decades, between 30 and 68 trillion dollars in wealth will transfer to millennial investors in North America alone. The issue of concern for traditional family office advisors is that if they don’t adapt and future-proof their consultancies, they risk becoming extinct.
UHNWIs, if you don’t know, are Ultra High Net Worth Individuals, or people with a net worth of at least $30 million. T 0.003% of the world’s population but they hold 13% of the world’s wealth. There are 70,540 of them in the US, 16,510 in China, and 4,670 in the UK.
