Category: Industry Tips

Industry Tips

Common Mistakes to Avoid to Maximize Your Sales Outreach

The family office is often difficult to understand and analyze because it is known to be secretive in its conduct in the private wealth landscape. Because of this, the traditional techniques of targeting potential clients do not work as well as they once did.

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Industry Tips

Choosing Family Offices- An Alternative Choice for Startup Financing

Family offices can be a great way to fund or finance the startup you’ve always wanted. In a recent TiE meeting in New Jersey, Vijar Kohli (the cofounder of Golden Door Asset Management in Newark), mentioned that family offices have changed and have paved the way for raising capital and direct investments.

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Industry Tips

Lisa Olson: The Deck is Stacked Against Family-Owned Businesses That Don’t Have Proper Planning

Family-owned businesses can have a a big impact on the economy. Lisa Olson (SVP of Family Office Services at Whitnell – Part of Associated Bank) joined Steve Grzanich to talk about just how important they are and the economic impact they can have. During the Associated Bank Thought Leader, Lisa references the challenges theses businesses are facing, and the recommendation she has been giving clients. She also looks ahead to November and how the presidential election may affect family-owned business.

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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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Business

3 Simple Steps To Develop Successful Family Business Leaders

Family-owned businesses form an integral part of the global economy, yet they are not immune to certain unique leadership challenges, especially when it comes to succession. Many believe that leaders are born and heirs with “success in their blood” or those identified as having “the right stuff” early on, will naturally become successful next-generation leaders for the organization.

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