Day: July 23, 2020

Family Office News

Impact Investment

The Key to Digitalizing the Future Family Office

According to Coldwell Banker, American millennials will soon be the wealthiest generation by 2030, inheriting about $68 trillion from their parents. However, this transfer has complications in store for family offices, leaving them to figure out millennial’s investment interests and technological preferences. Apart from this, it also presents opportunities for family offices to change how they manage, invest, use, and share money.

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Family Offices

Tips For Setting Up Your Own Family Bank

If there’s one financial strategy that’s never failed me, it’s cashflow banking. I wrote about this strategy in my book What Would Billionaires Do?, but the basic premise is: start earning interest instead of paying it, cut out the middleman (the bank), and have access to your money before 59½, along with a multitude of other benefits.

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