Family Office
Daily News Analysis
MFO Industry Bolstered By New Assets But Battling Constraints - Family Wealth Alliance
14 May 2013
Net new assets are flowing into the multi-family office industry, fueling a confident environment that many are working hard to capitalize on, according to the Family Wealth Alliance’s latest annual study of the sector.
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Wilmington Trust Appoints MD For Family Office Services, Wealth Strategies In New York
26 April 2013
Wilmington Trust, part of M&T Bank, has hired Sharon Klein as managing director of family office services and wealth strategies in the New York metro region. Klein was latterly managing director and head of wealth advisory services at Lazard Wealth Management . She has 20 years of experience in the areas of trusts and estates, and philanthropic planning.
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Over Half Of Global Family Offices Are In The US - Research
17 April 2013
Assets managed by global wealth managers, private banks and family offices amounted to $19. 3 trillion at the end of 2012, while total high net worth individual wealth stood at $66 trillion, according to new figures from WealthInsight . Meanwhile, there were over 5,000 family offices operating globally, the majority of which were based in the US (where there were 2,900) and Europe.
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Rothstein Kass Appoints Director Of Family Office Services In Dallas
18 April 2013
Rothstein Kass has brought in Todd Kesterson as director of family office services in Dallas, TX - a role in which he will provide accounting, tax and business consulting services to high net worth individuals and family offices. Kesterson has about 25 years of experience in public accounting, wealth advisory and business operations . He has also worked in family business consulting, investment analysis, estate and business planning, internal controls and risk aversion, and budgeting and cash management.
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Q&A: Early Convert To The RIA Model On The Changing Industry
11 April 2013
Here, Family Wealth Report profiles Helyn Bolanis, who was an early entrant to the RIA industry, founding, as she did, her own firm Parlan Financial in the 1980s. FWR: How and when did you get into the financial advice industry? HB: I began my career in the financial services industry in 1977 as a life insurance agent . I became interested in the financial planning process in the early 1980s, pursuing educational credentials such as CLU, ChFC, and CFP.
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Features
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
11 April 2013
WE Family Offices is trying to change the landscape of high-end wealth management with its offering focused on “wealth as an enterprise.”
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EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
27 March 2013
GenSpring Family Offices is in some ways a poster child for the multi-family office industry: it grew assets under management very quickly for many years but has recently had to tackle problems that come with this increasing scale.
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Executive Search Firms See Continued Jobs Ferment In North America Market
8 February 2013
This publication recently spoke to a number of wealth management executive search firms about their views about trends in the industry and issues to watch this year.
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INTERVIEW: Fidelity's Stance On What UHNW Clients Really Want
30 January 2013
As scores of industry players attempt to capitalize on the multi-family office market, one firm which has grown from zero to $13 billion assets under administration in two years recently told Family Wealth Report that it is looking beyond investment services.
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Guest Article: IRS Tax Authority Continues Pursuit Of HNW Individuals And Family Offices
11 January 2013
In a guest article, three experts look at the US tax authority's audit program that wealthy individuuals and family offices must be aware of.
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News and Features
Latest News
Goldman Sachs AM Launches Alternatives Mutual Fund
Mutual Fund Asset Flows "Healthy" But Losing Pace - Morningstar
Massachusetts Wealth Firm Appoints Research Director
BNY Mellon Combines Bank, Brokerage Custody Into Single Service Offering
Webster Private Bank Creates Chief Investment Strategist Role
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
EXCLUSIVE INTERVIEW: Data Crunching Delivers The Investment Goods For FQS
As markets have been volatile, patchier liquidity will mean that capacity constraints on some hedge fund strategies have to be closely monitored to protect performance, FQS Capital, the hedge funds arm of a family office business, says.
Tom Burroughes
17 May 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
