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.
Large family offices are veering towards private equity investment during the economic turmoil caused by the coronavirus pandemic, a new study and interviews with family office CIOs reflects.
Legacy planning is a sensitive topic for anyone, and the world’s affluent aren’t an exception. Here we’ve gathered five key succession planning tactics observed from the UHNWI worldwide.
Real estate, and specifically retail real estate, are taking the biggest hit by the COVID-19 pandemic. The investors are rethinking the ways their assets are allocated within the problematic sector.
COVID-19 pandemic is the best time for team’s performance checkup. Family offices across the globe are pausing to take a look within, before they can begin planning the future.
Experts say that Singapore’s significance is very likely to grow from being region-specific to global. Today we explore what makes the city-state the next preferable center for family offices and UHNWI.
Alvarium Investments, a global Multi-Family Office and investment company based in London, branches out to Italy through their brand-new Milan office. This expansion opens a whole set of opportunities for families, foundations and institutions across the region.
Socially responsible investing is the need of the hour. This is because it enables investors to put their money in the right places. There are three major factors that socially-responsible investors focus on – Environmental, Social, and Governance (ESG).
The Family Office space witnesses merger and acquisition (M&A) activity from time to time. Such activity allows firms to expand into new markets without having to make significant investments in infrastructure and client acquisition. The latest transaction in this sector saw Banque Bonhôte & Cie acquiring Private Client Partners (PCP) for an undisclosed fee.
The family office industry has been booming in recent years. Since 2008, the sector has recorded a ten-fold growth in the number of family offices. Morgan Stanley, one of the largest financial services organisations in the world, has released a new report detailing the best practices in the single family office space.
