Rockefeller Capital Management — the modern successor to John D. Rockefeller’s historic family office — has attracted fresh investment from some of the world’s wealthiest families, according to CNBC.
The Monetary Authority of Singapore (MAS) plans to eliminate the backlog of family office tax incentive applications by the end of the year, aiming for wait times to drop to around three months by early 2025. Despite increased scrutiny following a $2.2 billion money laundering scandal, wealth inflows continue to rise, with assets growing about […]
After generating considerable excitement, Sheikh Ali Rashed Ali Saeed Al Maktoum has announced that he will not be establishing a family office in Hong Kong in the near future. The Dubai-based family office, which was originally scheduled to open in March, has now put these plans on hold indefinitely. This update was reported by the […]
Family offices need to prioritise cybersecurity, whether handled internally or outsourced. Ignoring cybersecurity leaves them vulnerable to criminal threats, requiring an evolution in their defence strategies. Andrew J. Evans, CEO and founder of Rossby Financial, highlights this vulnerability. A 2023 report by Dentons reveals that many North American family offices faced cyber attacks, with only […]
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