Seven Ways to Improve Your Family Client Experience
Feb 25 2016
For our FOX Thought Leaders Council Report “Creating Memorable Client Experiences: Differentiation in the Ultra-Wealth Market,” we looked at 30 of the best...
How Uncertainty Impacts a Family Office
Feb 02 2016
Recently, I was reflecting on how uncertainty impacts our lives. For instance, modern technology provided ample warning (aka “certainty”) to the East Coast...
It’s Time for Family Offices to Change the Way They Think About Technology
Jan 20 2016
Now, more than ever, the business of managing private wealth is exceedingly complex. Most family offices are doing the work of sophisticated financial...
LLC vs. Foundation: Which is the Better Option for Philanthropists?
Jan 08 2016
In December 2015, Facebook CEO Mark Zuckerberg announced he would transfer 99 percent of his Facebook shares—a sum currently valued at $45 billion—to the new...
Advisory Boards: An Important Step in Transitioning the Family Business
Jan 07 2016
"I'm wondering if it's time for us to add outside experts to our advisory board," Julie Jacks mused aloud to her cousins. "Experts who would bring fresh ideas...
Evaluating Your PFTC State Situs: A Case Study
Dec 16 2015
I was recently speaking with the general counsel for a private family trust company (PFTC), and they told me a compelling story about their recent PFTC state...
Family Meetings and the Holidays
Dec 14 2015
Recently, a family I advise came to me looking to plan a family meeting. Inevitably, the question came up: “Well, should we do it at Thanksgiving or at...
FinTech: Are We About to See "Uber" for Financial Services?
Nov 23 2015
For several years now, wealth advisors have been concerned about the rise of robo-advisors and the potential impact on the wealth management industry. There is a...
Nov 05 2015
Stop for a moment and think about the leaders in your world. Consider friends, family members, teachers, colleagues and business partners. Which of these people...
Five Things Every Horse Owner Should Know
Oct 14 2015
For many, owning a horse is the realization of a lifelong passion. However, it can also increase your risk of financial loss or even lawsuits. Whether you board...