Family Office Best Practices

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Best Practices in Reporting
Family Office Exchange
Family office executives are always looking for ways to improve their financial reporting packages and their client relationships. This best practices document reflects the work of 20 members of the
"Not My Parents Advisor": Creating Successful Successions Using a Multigenerational Approach
92% of heirs switch their advisors after receiving their inheritances. As the Baby Boomer generation prepares to transfer an unprecedented amount of wealth to the next generation, advisors have an
Investing in the Future: A Look Inside the Small Family Office
Family Office Exchange
This study is written for the small office executive or wealth owner running an office with seven or fewer employees who wants to better understand their office's performance relative to others of
The Challenges of Shared Ownership
Family Office Exchange
Families with inherited wealth soon recognize that sharing ownership and control of family assets is far more complicated than any family might expect. Sharing ownership and decision-making with
Corporations and Trust Companies and Partnerships- Oh, My: A Review of Family Wealth Management Structures (Part 2)
Over the past 20 years, the use of corporate structures to protect families of means has grown exponentially. Family assets that once would have been housed within in a (relatively) simple, single
Corporations and Trust Companies and Partnerships- Oh, My: A Review of Family Wealth Management Structures (Part 1)
Over the past 20 years, the use of corporate structures to protect families of means has grown exponentially. Family assets that once would have been housed within in a (relatively) simple, single
Communication in Difficult Times: Families and Advisors on the Front Line
Effective communication during times of turmoil can be challenging and downright daunting for affluent families and their advisors. From the recent meltdown in the financial markets to difficult
50 Best Practices for an Enduring Family Enterprise
Family Office Exchange
The 50 Best Practices for an Enduring Family Enterprise are the practices that we believe have contributed to the multi-generational success of the highest achieving and most forward thinking
The Family System: New Approaches to Leadership in the Family Business
Collaboration is necessary to both business and family success in the 21st century. Yet many families find it difficult to develop a collaborative culture - and collaborative leadership - when their
Crisis Communications for Family Offices: Before, During, and Today
When it comes to worries that can keep family leaders up at night, “PR crisis” ranks high on the list. Whether due to an actual event – or just a rumor – unwanted public attention can have powerful