Picture this, the average HNW Client has five different Wealth Management Providers. (EY 2019) Each provider gives the client isolated advice based on the portion of wealth in their control.
What does this mean? With no overlap, that client will never get to see a composite view of how all their wealth is performing and never get to plan or implement long term financial objectives.
A network of more than 400 family offices and a venture backed by hedge fund billionaire Paul Tudor Jones are partnering to help simplify deal-making for the ultra-wealthy.
It’s back to his roots for Kapstream Capital’s retired co-founder Kumar Palghat, as his family office takes an equity stake in a new fixed income execution fintech.
The UK tax authority’s suspension of its Inheritance Tax investigations during the coronavirus crisis gives family offices the opportunity to get their affairs in order, family lawyers say.
In February 2020, we published the third in a series of articles that explore the value of family offices for high-net-worth Chinese families. In this fourth article, we will provide an overview of the different governance considerations that high-net-worth families should consider when establishing family offices.
GOPLAY, the video streaming service under Indonesia’s Gojek, has clinched an undisclosed investment led by Singapore’s Golden Gate Ventures and Chinese investment firm ZWC Partners, marking the startup’s first capital raise independent of its ride-hailing parent.
Just over 11 years ago, bitcoin quietly made its presence known as a defiant workaround to the concentration of financial authority. Clouded in code, it sang as a more muted and less lyrical echo of John Perry Barlow’s “Declaration of the Independence of Cyberspace,” unleashed from Davos in 1996 on the widening cracks in the definition of progress.
Siew Meng Tan, head of HSBC Private Banking for Asia Pacific, discusses why the bank is in a unique position to help forward-thinking families achieve their wealth ambitions
When Ryan Cohen sold the pet retailer he co-founded for $3.35 billion in 2017, he had a clear idea of what he’d do with his share of the proceeds.
Nicklas Financial, a family-owned business in Jefferson City, Mo., has aligned with JFC Financial Services in Lincoln, Neb., to join LPL Financial’s broker-dealer, corporate registered investment advisor and custodial platforms, the companies announced earlier this week in a news release.
