FOX Series
Private Family Trust Companies: What You Need to Know
The private family trust company (PFTC) has become a popular and useful vehicle to provide trust administration to ultra high net worth families. There are many...
Successful Outcomes for 100-Year Family Enterprises
Sometimes the greatest challenge for a family is to agree on how they will measure the “success” of the enterprise in each generation. The metrics of success...
Five Common Triggers that Prompt Business-Owning Families to Establish a Family Office
As the family grows, both in number and wealth, it is critical to address the management of the family’s personal financial future with the same diligence that...
Do You Have an Embedded Family Office?
If any of the following situations are familiar to you, you probably have a family office embedded within your business.
There is a department within the company...
State of the Art Wealth Management: Promoting Teamwork Among Advisors
In recent posts we’ve looked at what separates extraordinary wealth advice from the industry norm. Several industry leading advisors gathered with a select group...
State of the Art Wealth Management: Integration
Late last year several industry leading advisors gathered with a select group of family office executives for our annual FOX Thought Leaders Council Summit. They...
State of the Art Wealth Management: Communication With the Goal of Understanding
The 2013 FOX Thought Leaders Council brought together representatives from sophisticated family offices and industry leading advisors with the goal of...
Six Common Problems with Using Business Employees to Manage Personal Financial Matters
Assigning a business executive to manage or coordinate personal financial or administrative affairs can be problematic for several reasons:
Lack of alignment...
Employers in the wealth management industry face two distinct talent challenges, one long-term and the other immediate. According to a recent Accenture report...
Three Standards of Wealth Preservation for Business-Owning Families
Business owning families face the simultaneous challenges of running a business while planning for the future of the family and the management of family capital...