Insights

As global conflicts intensify, family offices grapple with the ethical dilemma of investing in defencetech. In this article, Kjartan Rist discusses the shift driven by increased defence spending and the rise of dual-use technologies.

Principals within family offices often face demanding schedules.  Consequently, health emergencies can pose a much bigger threat to their well-being compared to the risk of violent encounters, especially when we think about overall security. That is why the head-of-state healthcare model should be a consideration for any family office intent on protecting and preserving the […]

In this article, Simple Expert Marco Mesina discusses Hong Kong's recent tax updates to attract family offices. In addition, he explains how Hong Kong’s proximity to China and flexible wealth structuring make it ideal for UHNW families seeking privacy and long-term security.

In this article, Simple Expert Marco Mesina explores how Singapore combines low-tax efficiency, legal certainty, and world-class infrastructure to offer an ideal base for international families to manage, preserve, and grow their wealth.

In this article, Simple Expert Oliver Yorke discusses the increasingly influential role that family offices are playing in impact investing.

Simple explores how policy divergence, inflation shifts, and rate uncertainty are reshaping family office investment strategies in 2025, from fixed income to liquidity planning and cross-border resilience.

In this article, Simple Expert Kjartan Rist discusses stablecoins, their growing role in traditional finance and how family offices can benefit.

Family offices, private wealth management advisory entities established by ultra-high-net-worth individuals or families, are reshaping the landscape of private investing. These firms manage complex portfolios, oversee intergenerational wealth, and increasingly pursue direct investments that align with specific values or long-term strategic objectives. Unlike institutional investors constrained by rigid mandates, family offices value flexibility, discretion, and […]

This article discusses the actual cost of this data bottleneck and suggests how family offices can leverage AI-powered platforms to streamline their private investment operations.

This article examines why adopting sovereign wealth fund (SWF) strategies is vital for family offices and how digital platforms can help facilitate their implementation.

In this article, Christoffer Long,  Alwy's CEO, breaks down why "more tech" doesn't necessarily mean better outcomes. And explains why client experience should be the focus when building an effective and efficient tech stack.

This article, in collaboration with Clockwork, shares insights about six alternative investments for family offices looking to diversify their private portfolios.

To gain valuable insights about successful partnerships between software providers and family offices, Simple interviewed Max Wattel, Managing Director of Elysys Financial Systems.

In this article, Simple Expert Anne-Sofie van den Born Rehfeld explains why an ownership strategy builds trust and understanding, and often, why an experienced advisor is needed to guide sensitive conversations and create a sustainable strategy.

This article explores how emerging full-stack digital family office and accounting solutions, such as the Hatcher+ FAAST Family Office Suite, power the next generation of family office management.

Discover how a fractional CFO empowers family offices. We detail how outsourced CFOs provide flexible, strategic financial leadership without the full-time burden.

In this article, Simple Expert Lise Møller discusses why advisors play a crucial role in helping families translate their education into action.

While AI often dominates discussions, a less glamorous, but equally critical, challenge looms for family offices: data integration. Imagine spending hours manually transferring transaction data from multiple banks into spreadsheets, only to risk errors and reporting delays. This is the reality for many family offices today. In this article, Simple speaks to the PetakSys team to explore potential solutions.

Should advisers feel a moral responsibility to discuss philanthropy? In this article, Simple Expert Juliet Valdinger answers this question and discusses how philanthropy can strengthen client relationships and deepen advisers' moral standing as they provide clients with meaningful ways to engage their wealth.

Family offices are increasingly drawn to venture capital as a way to diversify their portfolios and access high-growth opportunities. However, many face operational challenges due to small teams and limited internal resources. Unlike institutional investors with dedicated analysts, family offices often rely on a few individuals to handle research, evaluation, and due diligence. Limited staff […]

Succession planning is one of those topics that often gets kicked down the road – until suddenly, it can’t be. Whether it’s the retirement of a founding family member, an unexpected illness, or a generational shift in business priorities, the absence of a clear succession plan can destabilise even the most successful family enterprises. With […]

This article explores three common pitfalls for family offices in household and estate management—and the tools that can help avoid them.

What are values? Values are guiding principles that influence an individual’s or group’s behaviour, decisions, sense of purpose and what they consider acceptable or important. And why do advisers who work for HNW and UHNW clients need to pay attention to their clients’ values? If they don’t already recognise why this is important and proactively […]

Imagine managing billions of dollars with spreadsheets. That was the reality Simran Kang faced as an accountant at PwC Canada and at her multi-family office before deciding to create a solution tailored to the challenge. This article notes the key moments of MyFO’s genesis and how the platform is addressing long-standing operational pain points for […]

This article explores how LegalTech can bring clarity and continuity to succession planning. It outlines common challenges and demonstrates how the right type of technology can offer a practical, future-ready foundation for leadership transitions.

What does it really mean to be ultra-wealthy in 2025? It’s no longer just about having $30 million—it’s about building an ecosystem to manage complexity across borders, generations and asset classes. Here’s how the world’s wealthiest are evolving.

As wealth management grows increasingly complex, the demand for specialised family office consultants has surged. These experts bridge the gap between legacy wealth preservation and modern financial challenges, offering tailored solutions for tax optimisation, generational transitions, and investment strategy.

In this article, Ken Gamskjaer, CEO & Co-founder of Aleta, offers valuable insights into the hidden costs of not embracing modern technology.

Historically, US citizens have been more inclined to pursue second citizenship due to citizenship-based taxation, which taxes US citizens worldwide, regardless of their residency. However, this concern now extends to European citizens as countries like France and Spain consider similar policies. Consequently, a portfolio consisting solely of US and EU passports offers limited diversification. So, […]

Family offices may seem quiet from the outside, but Q1 2025 revealed a sector in transformation. From AI adoption and cybersecurity risks to the generational power shift and Asia’s regulatory chessboard, the changes are profound. In this piece, we unpack the trends shaping the future of private wealth—and why ignoring them could mean falling behind.

In this article, Simple Expert Lise Moller highlights the importance of education and open communication. She offers practical steps for how families and executives can use these elements to align the single-family office with their intended purpose.

The digitisation of family offices is inevitable, yet adoption has been cautious. While AI presents clear benefits—automation, efficiency, and enhanced decision-making—many family offices remain hesitant due to security risks, regulatory concerns, and cultural resistance. However, with AI-powered agents capable of autonomously managing investment analysis, risk assessments, and operational workflows, the potential to transform family office […]

In this article, Simple Expert Emmanuel de Truchis explores the challenges family offices face in balancing ambitious transformation goals with resource limitations. He also offers strategies for achieving high performance and successful execution in operations.

In this article, Simple Expert Ben Ehrlich walks us through the steps family offices should consider when investing in venture capital.

The Würms family, with deep-rooted expertise in European and Latin American private banking and multi-family office management, founded Bourgeois Bohème (BOBO) in 2018. They partnered with Gregor Anton Piëch, whose family legacy in the automotive industry instilled a relentless pursuit of innovation. Together, they assembled a team of finance and technology leaders, including CEO Hugo […]

Family offices represent a powerful yet often overlooked source of capital for mission-driven entrepreneurs. With a long-term investment horizon and a focus on alignment over urgency, they require a different approach than traditional investors.

This article explores why family offices are hesitant to adopt AI and identifies the factors that may drive greater adoption within the sector.

Discover how first-generation a family office founder can leverage modern software to maintain control, streamline operations, and build a lasting legacy. Explore key challenges, founder traits, and the tech solutions shaping the future of wealth management.

In this article, Simple Expert Seth Chadwell discusses the rise of outsourced real estate investment management, the key drivers behind the trend, and how to bridge the gap between real estate and succession planning.

This article highlights the unique health challenges that affluent families face and suggests concierge medical solutions that family offices can adopt to support them.

In this article, Simple Expert India Wooldridge articulates why embedding a brand strategy within the Family Charter helps to drive purpose and alignment. She also discusses how the brand creation process enables family offices to connect with and engage the next generation.

Wealth often fades by the third generation, but family offices are changing that. Discover four key strategies—diversification, legal structures, education, and philanthropy—that help preserve generational wealth for the long term.

In this article, Simple Expert Sharon Schneider presents a four-step approach to spending down with purpose for family offices for prioritising impactful capital deployment over mere wealth preservation.

Everyone seems to have a different number for how many family offices exist worldwide. Estimates range from 3,500 to 20,000, depending on who you ask. Deloitte’s 2024 report pegs the number at 8,030, growing at 4.8% annually to reach 10,720 by 2030. The Problem with Family Office Estimates Here’s the thing: family offices are private, […]

Explore the rise of Family Office 3.0, where innovation meets tradition, cybersecurity is paramount, and legaltech plays a vital role in ensuring seamless operations.

Private markets have grown significantly in recent years, with family offices increasingly expanding their portfolios in the space. In this article, we discuss the shifting dynamics with Ken Gamskjaer, the CEO of Aleta, and how family offices can leverage technology to simplify the challenges of investing in private markets.

This article explores the latest developments and how family offices can leverage technology to simplify compliance with BOI and Annual Report filings across all 50 American states.

Discover how family trusts and why they're crucial for wealth preservation and succession planning. Learn about trust structures, tax implications, and expert insights.

Since launching the family office software and technology report in 2020, Simple has tracked a surge in service providers offering wealth management solutions. This article explores the background, covers the current landscape, and notes the benefits of wealth management software for family offices.

In this introductory insight, Simple Expert Patrick Hanlon explains the seven elements of primal branding and the projected outcomes of employing it in family offices.

This article examines the benefits, challenges, and top portfolio management software solutions tailored for family offices.

Simple Expert India Wooldridge explains how family offices can gain a competitive edge in direct investing by building a values-driven brand to enhance deal flow, trust, and long-term success.

Simple Expert Charles Eckhart outlines actionable strategies for initiating and sustaining family meetings gatherings, emphasising how expert facilitators can help in tackling complex topics.

In this article, Simple Expert Kjartan Rist discusses how family offices can bridge the knowledge gaps in venture capital for future success.

In this insight, we delve into why Citizen by Investment programmes are relevant to family offices, how they can be integrated into a family office strategy, and the critical considerations when engaging service providers.

Simple Expert Edward Marshall shares three actionable strategies for turning your family office from a risk magnet to a resilient organisation.

Paul Lussow (TIFIN Give) shares insights on how technology is transforming philanthropy, the shifting role of trusted advisors, and how the platform is pioneering multi-generational engagement in giving.

Learn why family foundations often fall short of their promises. Simple Expert Sharon Schneider shares insights into shifting family dynamics, the rise of autonomy, and the evolving role of philanthropy across generations.

In a conversation with Todd Scheuer of Private Medical, we explore how personalized healthcare can transform client relationships for family offices.

In a recent interview with Simple, Ethan Bonar of CFO Family discussed his software-agnostic, client-centric approach to delivering efficient automated reporting that adds value to family offices.

From the icy landscapes of Antarctica to sipping champagne on the edge of space, the boundaries of luxury travel are expanding. Maison Benjamin, led by Benjamin Vaschetti, explores five key trends redefining this space for family offices.

This insight with Ray Denis from Sandbox Wealth explores how HNWIs can use their data to access liquidity using a family office software solution.

Family offices are increasingly attracted to venture capital due to the promise of high returns, innovation and diversification. Unlike traditional asset classes, VC offers an opportunity to support and benefit from the growth of early-stage companies, often in disruptive fields. According to InvestEurope, European venture funds have consistently delivered over 20% annual returns over the […]

The introduction of generative AI solutions like EtonGPT™ offers many possibilities, pushing the boundaries of family office operations. In this article, we discuss the current use of AI in family offices with Eton Solutions' CIO, Murali Nadarajah, and explore the technology's impact on the industry's future.

There’s a great wealth transfer I don’t see anyone talking about. I know we’ve been hearing a lot about the great wealth transfer: The trillions of dollars being shifted into new hands as the baby boomer generation passes their wealth down to their children, but another great wealth transfer is taking place. This one, into […]

In this insight, Simple chats with Cory Shea and Alex Goodman, the founders of Clockwork, about the trends, the challenges and how technology is transforming the future of alternative investments for family offices.

Through a series of interviews with co-founder Domingo Viesca and CEO Padman Perumal, Simple uncovers Masstro's successful strategies for data aggregation for family offices.

Discover the four key trends driving the family office evolution: women controlling wealth, a shift towards Donor-Advised Funds, declining interest in extreme wealth, and the rise of values-driven, integrated living.

In this insight, Panchee Advisory helps single-family offices assess when to delegate in-house versus outsourcing to third parties.

Learn how to navigate venture capital communication with family offices to build successful, long-term partnerships. In this insight, Kjartan Rist provides actionable guidelines for effectively collaborating with family offices in the venture capital landscape, driving impactful investments and innovation.

Family offices, particularly those managing private market investments, have embraced the idea that their decisions should be driven by hard data and not just by intuition. However, using tools like Excel to manage their data often adds a significant layer of complexity. This insight highlights three challenges family offices typically face when managing private investments.

Simple's Digital Marketing Manager, Bryan Smith, explains how service providers can leverage marketing strategies and service design to engage effectively with family offices leveraging iterative strategies, trust-building approaches, and leveraging online communities to deliver value.

Generative AI is revolutionising industries, capturing family offices' interest as a promising investment. In this insight, Simple Expert Kjartan Rist discusses the evolution of the new technology, invest strategies, and how, with long-term capital, family offices stand to benefit greatly from this transformative technology.

Simple Expert Erik Solum shares insights on the importance of establishing a family office for affluent families in Australia and beyond - highlighting key benefits, including financial management, succession planning, and governance. He covers practical tips on creating a strategic plan to help preserve and grow family wealth across generations.

Family offices often rely on outdated, paper-based methods. This insight discusses how transitioning to digital solutions simplifies complex wealth structures, enhances collaboration, and provides real-time data.

Millennials are set to inherit their parents' wealth and approach wealth management differently. Ken Gamskjaer, CEO and Co-founder at Aleta, shares insights with Simple on bridging generational gaps in family offices.

This article explores the challenges family offices face in managing philanthropy. Learn how modern philanthropy technology can reduce administrative burdens and create a holistic, fulfilling giving experience.

Registered Investment Advisors (RIAs) play a vital role in serving HNWI and family offices. However, standing out in this competitive arena is no small feat. This article highlights how RIAs can outperform their competitors by adopting technology that caters to the unique needs of family offices.

Discover how family offices are shifting from traditional wealth preservation to venture capital investments, driven by generational differences and a growing focus on sustainability and impact investing with Simple Expert Kjartan Rist.

The wealth management landscape is undergoing a significant transformation in Asia, driven by the rapid rise of family offices. As ultra-high-net-worth individuals (UHNWIs) and families seek more tailored and sophisticated ways to manage their wealth, family offices are the preferred solution. This trend is reshaping the financial services industry in the region, offering a comprehensive, personalised approach to wealth management that extends beyond traditional banking and investment services.

As family offices embrace digital transformation, the obvious switch from manual processes to a digital platform may be simple, but it’s a bit more tricky to determine which is better: to build from scratch or to buy off the shelf. In this insight, Simple sits down for a conversation with the team at PetakSys to unpack the answers.

How can financial advisors know the vision of their clients if clients don’t know it themselves? In this insight, Simple Expert, founder and CEO of TFM, shares how to standardise and implement the family vision, benefiting advisors and enhancing client relationships and retention.

Discover how Boston's vibrant tech ecosystem offers lucrative investment opportunities for family offices, particularly in biotech, AI, and sustainable energy sectors.

This article explores the dynamics of ESG considerations for family offices, the pitfalls to avoid, and outlines a three-step process, enabled by KeeSystem's software solution KeeSense, to help them get started.

Discover the benefits of modern family office software for tracking private assets. Learn how technology like Asora enhances efficiency, automates data collection, consolidates information, and provides real-time insights, enabling family offices to focus on strategic investment decisions.

In this insight, Simple Expert Kjartan Risk explains that family offices and venture capital (VC) firms are not competitors but potential partners. Kjartan emphasises that family offices can benefit from VC expertise and networks, enhancing their investment strategies and contributing to societal advancements. By recognising their complementary strengths, family offices and VC firms can achieve synergistic growth and success in the venture investment landscape.

Join us as we delve into the dynamic world of concierge healthcare and telemedicine specialist services for family offices, exploring how this fusion is redefining the standards of care for high-net-worth families.

In this insight, Simple Expert Besarta Dani shares why now is a unique time of opportunity for the Middle East and why family offices should take advantage.

Invest in a better tomorrow by harnessing the transformative potential of Environmental, Social, and Governance (ESG) investment strategies. Join us as we explore three key considerations for developing a family office ESG strategy: aligning with core values, integrating ESG criteria into investment processes, and establishing robust reporting for sustainable, high-impact growth.

In our latest insight, we unpack how key innovations in technology are transforming fiduciary services by enhancing transparency, accuracy, security, and efficiency.

With high stakes risks, robust cybersecurity measures are no longer optional but imperative. By understanding their unique vulnerabilities, family offices can implement effective strategies to reduce cyber-attack risk notably.

Tracking Altoo's journey as a Swiss-based fintech, this insight highlights the primary factors driving the change. It discusses the importance of cybersecurity and explores the concept of a paperless family office which digitisation can deliver.

Simple’s Strategic Content Partnerships Lead, Jimmy Otterdijks, reflects on the Milken Global Conference - as well as takeaways for next-generation family offices.

This article delves into the challenges of family office accounting and performance reporting and demonstrates how software solutions such as AV EDGE use AI and natural language processing to help family offices get instant insights and make informed financial decisions.

As younger generations of wealth owners are more likely to have pets, we explore how modern family office concierge services are revolutionising pet care and management using cutting-edge solutions and strategies.

Simple Expert Kate Bright, the Founder and CEO of Umbra, introduces the four-pillar approach to address the security needs of modern family office clients.

In this article, Simple Expert, Kjartan Rist explains why family offices are moving away from direct investments to partner funds when participating in venture capital.

Simple sits down with Crispin Rolt, the COO of Performativ, to discuss how a Multi-Family Office should expect more from their portfolio management systems.

A look at how ultra-high net worth families are navigating the future of healthcare through customised medical solutions, advanced health technology, and strategic investments with Simple Expert Tim Daum.

Learn how family businesses can thrive through generations by adopting a regenerative model with Simple Expert, Julien Lescs.

The intersection of family offices and innovation is both complex and crucial, framing a narrative of potential, challenges, and societal impact. Simple Expert Kjartan Rist explores the growing influence of family offices in the global market and their potential to shape the future of innovation across various industries.

Simple Expert Christian Schiede offers insightful advice on leadership transitions in family businesses and seven best practices for family office boards to maintain operational excellence.

WealthTech platform Masttro was established over 14 years ago, but even their family office users likely don’t know that the company’s two founders, Domingo Viesca and Javier M Gutierrez, previously worked together at a family office.

Discover the legal framework for privacy and asset protection in Bermuda. Learn how family offices can benefit from its robust laws and international compliance.

In this insight, Simple Expert Toby Usnik discusses why family offices should embrace artificial intelligence (AI) as a strategic ally, not a threat. In the midst of their fear of the unknown, he proposes a different perspective—one of optimism, opportunity, and the potential for extraordinary growth.

Family offices, traditionally managing wealth for high-net-worth individuals, increasingly find themselves navigating this vibrant yet complex sector, especially when serving musicians and artists. This article explores the challenges and opportunities for family offices serving musicians

Known for its favourable tax regime, Florida offers significant advantages that can impact wealth preservation, growth, and succession planning. This article explores how Florida's tax environment affects family offices, highlighting key benefits and strategic considerations.

Explore the top five WealthTech innovations revolutionising wealth management for family offices. From AI-driven analytics to secure blockchain transactions, discover how these technologies can enhance your investment strategy and safeguard your assets.

Explore the dynamics of wealth management in India through an in-depth look at five of the most influential family offices, understanding their strategies, influence, and impact on the Indian and global financial landscape.

The transition from high-earning athletes to savvy wealth managers is a critical journey, often mired in complexities unique to their career paths. This article delves into the nuances of how US sporting celebrities structure their family offices, ensuring financial growth, legal compliance, and effective brand management.

In the intricate world of wealth management, the concept of a family office has become a pivotal strategy for many, including some of the most renowned celebrities. Discover how renowned celebrities like Oprah, Richard Branson, and Jay-Z are navigating the complexities of wealth management through their family offices.

While it can be the ultimate goal, not all ultra-high net worth individuals (UHNWIs) are ready to set up a fully staffed traditional family office. This insight explores the growing number of digital family offices and the tailored solutions they offer to UHNWIs.

Discover the most effective global health insurance options for ultra-high-net-worth individuals (UHNWIs) and family offices. This article provides valuable insights and best practices for family office CEOs and COOs seeking comprehensive global health insurance coverage.

Donor Advised Funds (DAFs) have emerged as a strategic tool in this new philanthropic landscape, offering a flexible and innovative approach to stewarding capital for social and financial returns. In this insight, Simple Expert Maggie Spicer discusses the benefits of channelling philanthropic capital into for-profit initiatives through DAFs.

Family office trustees face a new challenge as the younger generations increasingly seek exposure to digital assets and cryptocurrencies. This insight shares a comprehensive checklist of ten guidelines to help them in their approach to this rapidly evolving sector.

Family offices prepare reports on a regular basis so families can make informed decisions about their assets. The problem with traditional reporting is that it is rigid, data-heavy, and needs more context. This insight explores how Power BI reporting solutions can meet the specific needs of family offices and their clients.

Simple Expert Kjartan Rist discusses how family offices can leverage venture capital to position themselves at the forefront of the AI revolution.

This insight delves into conversations with four leading WealthTech providers in the Nordic region to explore what sets them apart from their competitors and what the future holds for the family office industry in the area.

This insight delves into what family offices need to know about digital assets and offers valuable resources to explore.

This insight focuses on what family offices can learn from this year's Davos discussions to position themselves for the future.

Simple Expert, Alex Kirby breaks down social fitness, the importance of values and advises how family offices can integrate these services.

Not so long ago, family offices could manage their investments on Excel spreadsheets. However, the complexity of assets necessitates a more holistic approach. Simple discussed this need to digitise with Radomir Mastalerz, the CEO of WealthArc.

Learn how modern family offices can enhance their impact by integrating sustainable investments, innovative philanthropy, and intergenerational collaboration.

The investment landscape has changed due to the global economic downturn and evolving market dynamics, particularly in the way family offices and venture capital sectors interact. Simple expert, Kjartan Rist, shares his insights on the synergies between these two worlds.

Providing estate management support can ease some of the family's most pressing frustrations and increase their overall well-being. This insight discusses holistic wealth management and effective estate management. It also suggests how family offices can bridge the gap between financial and non-financial aspects of wealth management by partnering with specialised service providers.

Family offices face many challenges with traditional health insurance. This insight explores the unique challenges that family offices face with health insurance and how the right partner can help streamline the complex healthcare needs of their clients.

Australia's relatively secretive family offices have been experiencing significant growth over the past decade. This insight lists at some of the country's most prominent ones.

Whether choosing individual or corporate trustees, learn how trustee succession planning with a focus on competency, continuity, and managing complexity is essential for preserving and passing on family assets across generations.

Writing, mailing, and processing paper checks can be time-consuming. Worst of all, checks can get lost in the mail or even stolen. Not only are they vulnerable to fraud, but there is also a high risk of adding an extra zero or misplacing a comma. This article explores the benefits of using bill payment software for family offices to mitigate risks and simplify accounting processes.

Explore the impact of the Corporate Transparency Act on family offices. Learn key definitions, historical context, and compliance requirements as this landmark legislation ushers in a new era of accountability and transparency.

From cyber threats to physical asset protection, learn how family offices can mitigate risks through in-house measures and collaborations with expert service providers.

Family offices are increasingly turning towards focused health insurance provider to better manage the health needs of their clients. This insight dives into the options available for high-net-worth individuals and families and explores the type of services available to family offices.

Over the last five years, Simple's annual family office software review found that the number of service providers continues to rise. This insight explores growth drivers, legacy players, new innovators, and offers guidance on partnering with software providers for family offices.

There are fundamental shifts afoot in the realm of high finance. Simple Expert, Rory Tews addresses this shift and the implications for wealth owners into the future.

From a desert landscape to a thriving metropolis in just a few decades, the UAE has transformed into a land of opportunities for family offices. Our latest insight explores the UAE's family office landscape, discusses current trends, and highlights well-established family offices in the region.

Family offices struggle with managing assets across different locations and institutions. This article focuses on data aggregation challenges for family offices and how software can help streamline the process.

Portfolio management is a crucial but time-consuming task for family offices. This article discusses its significance and explores how software can improve efficiency and reduce workload so family offices have more time to focus on their investment strategy and vision.

Many family offices tend to underinvest in cybersecurity. Yet, hackers are becoming increasingly sophisticated, posing potential financial loss and damage to their reputations. This article stresses the significance of cybersecurity for family offices and suggests ways to enhance it.

Venture investing might seem like a straightforward way of achieving bumper returns. But there is more to it than some family offices realise, demanding the right balance of skills, experience, and resources.

In family office management, the role of Customer Relationship Management (CRM) software has evolved significantly. Traditional CRM systems have paved the way for a new breed of software tailored specifically for family offices. This insight explores how next-gen CRM solutions go beyond simple contact management, transforming how family offices manage relationships, harness data, and optimise operational efficiency.

As the world evolves, so do the expectations of high-net-worth individuals and affluent families. To meet these changing demands, family office concierge services are elevating their game. Our insight focuses on family offices' lifestyle and concierge services and how they have expanded to keep up with the times.

While they might seem innocuous, 'rich lists' tend to be quite limited in gauging wealth. When it comes to good governance, family offices should rather look at the concept of family capital, a broader concept encompassing family well-being, decisions, knowledge, and health. By questioning the reliance on numbers, advisors will encourage a comprehensive view of wealth that includes family dynamics and governance in wealth management.

Many family offices struggle with their data management processes making it hard to make timely investment decisions. However, by implementing a KPI assessment tool that assists in identifying areas for improvement, family offices can stay ahead of the curve and safeguard their wealth.

As the family office sector matures, staffing discussions continue to take centre stage. Deciding on staff compensation and salaries is complex and nuanced, amplified by a lack of industry benchmarks. Dynamics of single and multi-family setups, investment attributes, and investor roles further complicate the matter. Here, we explore the various aspects of family office compensation, breaking it down into four key sections.

Given the private nature of the industry, there is a lack of standard job descriptions for family offices and along with managing family wealth, staff can also find themselves involved in everything from philanthropy to lifestyle and concierge services. In this insight, we explore the common roles you can find in a family office, as well as an overview of compensation and career resources.

This insight delves into how family offices can utilise venture philanthropy to align investments with philanthropic goals and positively impact society. By implementing traditional venture capital principles, they can invest in projects that empower communities and maximise social impact.

Due to its advantageous location, robust financial infrastructure, and favourable economic policies, Hong Kong is championing the cause of the family office industry. With its continuous efforts, here is a look at how Hong Kong could quickly become a top spot for family offices looking to expand their wealth in the Asia-Pacific region.

From accessing specialised expertise to improving efficiency and reducing costs, outsourcing offers numerous benefits to family offices. Read our latest insight to learn more about the functions they outsource, the benefits and drawbacks, and key considerations for a successful outsourcing experience.

As family offices become more digitally-minded, the more vulnerable they become to digital attacks. This piece explores the ways in which family offices are exposed to cyber threats and some of the common challenges they face in the digital world, as well as how they can overcome them.

As younger generations join family offices, there is a trend towards increased public presence and direct investing. Reasons include attracting clients, building credibility, networking, access to deals, and philanthropy.

Artificial intelligence (AI) has the potential to transform family offices by automating tasks, optimising portfolio management, and enhancing risk management. While human expertise remains essential, integrating AI can propel family offices into a new era of success.

Every management company will recognise the constant pressure to comply with regulations. And while this pressure is significant, oftentimes the financial and non-financial costs associated with compliance can be underestimated. This article outlines the true cost of compliance in wealth management, the factors that contribute to compliance costs, and the role of digitalisation and automation in reducing compliance costs and improving operational efficiency.

European family offices have a fascinating history dating back to the aristocratic and Renaissance eras. Despite challenging circumstances like the Russian-Ukraine war and inflationary pressures, European family offices remain resilient, adapting and evolving to safeguard their wealth and legacy.

Family offices encounter distinct investment challenges, and Outsourced Chief Investment Officers (OCIOs) are emerging as the solution. This insight discusses how OCIOs streamline investment activities, provide access to specialised expertise, and tailor investment strategies.

As the next generation of family offices takes over, lifestyle managers are becoming aware of the increased desire for more meaningful experiences, rather than possessions.

By joining a reputable networking group, family offices can connect with their peers, service providers, and experts worldwide. They can also access the latest industry practices and technology developments to position themselves to take advantage of emerging opportunities.

The world of private wealth management can be extremely complex, with a multitude of different terms, services, and providers. While multi-family offices and wealth managers can offer critical services to help preserve and grow the wealth of the world's wealthiest families, the terms are often used interchangeably, leading to confusion among clients about what each actually does and which one is the right one to choose.

The family office industry in Canada is experiencing growth as younger generations switch from family enterprises to more tech-driven and sophisticated business structures for managing family wealth. This insight explores why Canada is an attractive location for family offices.

Impact investing is a top priority for family offices, yet defining an approach that will ‘do good’ and drive returns is fraught with challenges. However, if you’re committed to venture investing, there’s a strong argument you’re already making an impact in several ways.

Family offices and high-net-worth individuals often face significant challenges when it comes to understanding and managing investment fees, which can be complex and opaque. However, with the right software and expertise, family offices can take steps towards navigating investment costs more efficiently.

Family offices often face difficulties when accounting for multiple entities. In this insight, we explore the benefits of employing accounting software to manage these entities successfully and discuss important factors to consider when choosing the best accounting software.

Art investment has become a viable option for diversifying portfolios, with the potential for appreciation and hedging against economic downturns. However, it requires expertise and an understanding of the art market.

Private equity is becoming a more attractive option for family offices as public markets face macroeconomic headwinds. Driven by more than just profiteering, factors such as the family business and industry expertise play an important role in making alternative investment decisions.

Singapore has become one of the most popular destinations to establish a family office in Asia due to its clear and non-conflicting regulatory and legal framework, as well as its reputable judiciary system.

As the global economy becomes increasingly complex and unpredictable, more and more high-net-worth families are turning to non-traditional investments in search of higher returns and greater diversification. From private equity and venture capital to real estate and cryptocurrency, alternative investments offer the potential for significant upside and the ability to hedge against market volatility.

With an increasing number of hedge funds converting to family offices over the past decade, it is more important than ever to understand the differences between the two. This article dives into what hedge funds are, how “hybrid” funds differ from full-fledged family offices, and how they fit into family offices’ portfolios.

As the family office industry continues to grow, more family offices are shifting away from privacy with more public profiles to compete for better investment deals, clients and talent. Here's how family offices are adopting marketing strategies that leverage digital platforms to build a strong public perception among the ultra-high-net-worth community.

Direct investing has seen tremendous growth over the past decade as family offices seek greater control over their investments. But what have been the drivers behind this trend and what are the pros and cons that direct investing brings to the table?

As more modern family offices digitise their operations, the more apparent the lack of cybersecurity infrastructure becomes. We explore the common issues and cover some of the measures that can be taken to address them.

As within any business including family offices, accounting and bill payment are two of the most critical responsibilities.

'Gut feel' is a big part of venture investment, but that doesn’t preclude the need for thorough due diligence to assess the business fundamentals. Doing so is even more important in the current climate and particularly for those with less experience in the VC space.

An illustration of the potential decision bottlenecks, managing the onboarding process, discuss the drivers of change in how family offices are utilising new investment technology and how to manage the current office dynamics for a new regime.

A rights-based approach is a conscious and systematic integration of human rights and rights principles into all aspects of activities and policies of a business. It also means considering how activities and internal policies influence the enjoyment of rights of the societies.

Philanthropy is not only a means of doing good and helping others, it is also a powerful tool in a family office's investment strategy.

A shift in generational leadership can also mean rethinking what "good business" means. Today, environmental, social, and corporate governance (ESG) shapes investment mandates as well as workplace culture.

As family offices aim to preserve family wealth and ensure its smooth transition to the next generation, cost management and risk mitigation should be at the top of their priorities. This article highlights how investing in a proper bill payment solution can help with these operational roadblocks.

Alternatives have always been an elusive market for investors. Here, we explore what they are and how family offices can leverage tech use to make the most out of this very lucrative market.

Portfolio management is one of a family office's most crucial yet time-intensive functions. This article explores the significance of investment management in the general workflow and how software can help increase efficiency of your family office.

In this insight we look into the growing importance of consolidated reporting for family offices and how software is changing the reporting landscape for the better.

As the world needs to make significant progress to limit global heating, the role of private investors is coming under increasing scrutiny. We evaluate the investment strategies for economic growth through climate adaptation.

As digital assets continue to form part of many family office portfolios, the need to do this with the support of accredited parties, recognised by financial authorities has never been more vital.

By understanding the origin of a multi-family office, clients can gain some unique insight into the potential strengths and weaknesses of the firm.

The collapse of Archegos Capital Management heightened calls for regulation of an untamed industry worth billions of dollars. We take a look at the history of family office regulations and the role that the Archegos collapse had to play.

Impact investing and philanthropy are not necessarily on opposite sides of the scale. However, understanding the differences can ultimately make or break the success of any particular investment.

VC funds don’t always receive the same attention as their colleagues in the private equity and broader asset management space, and historically they’ve sometimes been seen as a bit mysterious. Here is an overview of everything you need to know.

Implementing ESG across various family office operations is an essential part of ensuring sustainable wealth management and succession planning. In this insight, we explore the key roles and capabilities of ESG software in your family office.

While family offices aim to lower their costs, it is essential to view the expenses in the context of the value provided. We take a look at how family office costs vary depending on unique office factors such as operation, investment portfolio or family office structure and size.

It is not enough to choose a jurisdiction for a fiduciary structure based on black letter legal and tax considerations. One must also consider the softer requirements of the family to ensure the jurisdiction is fit for purpose.

Investing in real estate requires analytic and due diligence work and often the continued management of properties after purchase. This means family offices have to decide how best to proceed with real estate.

For forward-thinking family offices, governance and ownership in the world of Web3 and Blockchain are becoming increasingly familiar. Here is a look at how real-world applications of exciting technologies could present interesting investment opportunities.

Right up until the pandemic, many family offices around the world were investing in real estate assets due to their long-term cash flow potential. Now, it might be worth revisiting what makes it such a lucrative market to invest in and some of the ways family offices maximise their profits.

As family offices continued to grow steadily across the globe over the past decade, so did their investment strategies, leading them to become more successful over time. Here is a list of the 20 best-performing family office organisations, based on their assets under management.

For family offices looking to grow their venture portfolios, generating, and managing deal flow is a significant challenge. From building a pipeline of startups to filtering out the most promising deals, what’s the best way to approach it?

Succession planning is often a thorny obstacle for families to overcome. Sensitive as all issues of this nature are, it is often tempting to put off discussions to avoid conflict. However, smart succession planning is essential to a family empire for a number of reasons, and with the right action plan, it can be handled without undue infighting.

Family offices have become a significant agent in global investments and innovation in the last decade. Despite recent turbulence, such as the Covid-19 pandemic and the disruptive global recession, family offices continue to remain positive regarding investments.

Single-family offices have always been the preferred choice for affluent families as a centralised means of managing their wealth. However, this service can come at a price, along with other considerations, that might not suit the needs of every family, which is where multi-family offices come into favour.

As a new generation of ultra-high-net-worth individuals takes over, they will undoubtedly have very different approaches to wealth compared to their parents. This runs the risk of creating conflict between clients and their advisors, but here are some tips to navigate any potential turbulence.

As new asset classes emerge, the scale of family office investment is expanding and the portfolios are becoming even more uniquely diverse. Nevertheless, as they look into these innovative asset classes, family offices mustn't forget about the traditional, tried-and-trusted ones either.

Technology is crucial for family offices in order to automate and optimise data, which can help with transparency, better decision-making opportunities, and better data security. Not only can technology provide access to real-time data, but family offices can track overall wealth and assist with an outsourcing strategy.

When compared with multi-client organisations, family offices often face more challenges when selecting and implementing technology. And when it comes to technology to leverage their processes and operations, they need to navigate issues such as systems’ complexity, consistency or cost.

Fiduciary holding structures can be useful to wealthy families. Here’s a brief overview of these structures and some of the advantages of owning assets through trusts and foundations.

For families to thrive beyond generations, transitioning is vital. And a successful family business transition comes from transforming an enterprise through connections, collaboration and collectively gaining clarity.

There’s a new breed of activist philanthropists who are going beyond the call of duty to make meaningful change. Unlike family offices who write cheques and serve on boards, fulfilling their obligations but oftentimes not digging enough to truly solve societal challenges, individual philanthropists and specific family office go one step further–and their active participation help move society forward each and every day.

Family offices looking to expand their impact portfolio can consider ways to contribute to the 4th SDG, which aims to provide access to a full course of free primary and secondary education for all children in the world by 2030, regardless of their gender or family income.

Beauty, passion and value are often hard to combine but in the context of a diversified portfolio, luxury goods can be as profitable as they are enjoyable.

Using the right kind of family office report can help streamline decision-making. We’ve rounded up the annual reports we refer back to.

To keep up with the family office industry constantly evolving, here are 7 leading institutions offering family office education.

The power of paradox can be found in many parts of our life and the distinctions can be hard to perceive. Yet missing these nuances can be disastrous, particularly for high-net-worth clients running high-stakes operations.

 The increasing focus on sustainability poses new challenges for investors because they're now required to show results, not just good intentions. Here's how they can do this by using a narrative of change and results-based management.

The 14th SDG, as set out by the UN, aims to conserve and encourage the sustainable use of the oceans, seas and marine resources. Here’s an exploratory look at why marine conservation presents an interesting avenue for family offices involved in impact investing.

The story of family offices has always been closely aligned with venture capital, but VC remains an under-exploited opportunity. So how can family offices and VCs forge new partnerships and work more effectively together?

The family office landscape is changing as new aspects of the family members’ lives come into focus. Lifestyle management is the key to managing clients’ expectations outside of their financial sphere and it is quickly going from being optional to being essential to family offices.

When setting long term strategic asset allocation bands, an increasingly common question is whether crypto should be part of the asset allocation. Meanwhile, according to research, 1% of the average family office portfolio is invested in cryptocurrency. For those family offices yet to commit to crypto as an asset class, here's where they can fit in.

In response to the climate and social crisis, the UN established a set of sustainable development challenges to be addressed by 2030. We explore alternative ways to contribute to the 2nd SDG, which aims to ensure food security, improve nutrition and promote sustainable agriculture.

Bitcoin is not just a cryptocurrency – it’s a transformative technology with the potential to rearchitect the world’s monetary systems. Realising this potential requires significant investment in bitcoin infrastructure, creating a high-impact and lucrative opportunity for family offices looking to make substantive first steps into the crypto world.

Today, women are still less inclined than men to invest. This gender inequality in finance is a global problem that limits not only women's financial opportunities but also their potential to influence a better future for the planet.

The meteoric rise of digital assets, and Bitcoin in particular, is undeniable. But what role can this cryptocurrency play in a family office portfolio?

In many high-net-worth families, the great wealth transition isn't happening quite as quickly as some expected, as it's common for founding members to enjoy a long working life in their own businesses. Despite there being two working-age generations in waiting, a shift in thinking is needed so that they are both accommodated.

Creating multi-generational wealth isn't only about finances and investments to last across lifetimes, it's about considering and utilising various forms of capital.

Like taxes, death is a certainty in life and it's important to understand that when the inevitable happens, certain legal processes will be followed. Another constant in life is change, meaning that these arrangements should be reviewed regularly to ensure they’re up to date and relevant to your current circumstances and desired outcomes.

As family offices become more comfortable with digital business transactions, advisers are utilising new technology to provide advice quicker and more profitably than ever before. Wealth platforms that were forced to upgrade allow for increased mobility for those providing advice to families, who can use this infrastructure as part of a new breed of family office services.

Trusts in common law countries are commonly used as a tool for private wealth structuring and succession planning. In civil law countries, they're often regarded with scepticism. There are certain rules and tax implications for trusts that must be carefully considered from many jurisdictions as families disperse across the world.

As the next decade shapes up to be one of disruptive change, one sector seeing huge growth is that of food technology, where advances in technology, coupled with compelling business cases, are attracting significant private investment.

With companies staying private longer and the number of listed companies decreasing, family offices are turning their interest towards venture capital, compelled by the investment opportunities in innovative technologies and new business models. So how will this increased influence from family offices affect an already shifting venture ecosystem?

Some of the greatest wealth transfers are currently happening through inheritance. By viewing the concept of inheritance out of the money-asset-property framework, inheritors are able to gain a whole new wealth landscape, revealing a wider understanding of its value potential.

While the increasing presence of technology has made some things significantly easier, there are still some aspects of operations that benefit from a human element, especially when dealing with families of a more traditional background. Here's how to marry technology with the classical business model.

The second year of a pandemic has meant shifting from survival mode to re-establishing a new business strategy. By putting stronger systems in place, identifying and rectifying weak points, and confidently moving the business into the digital age, one expert shares how family offices can make the most of the turbulence of the past two years.

Preparing the next generation to take over the family business requires some thought, but it doesn’t have to be complicated. There are a few crucial questions to answer to ensure the family is on the same page and that the next generation actually wants, and is ready for, this responsibility.

Why have combustion engines become so unpopular, and why do we all think that electric vehicles are the future? Is it possible that this trend has been created by regulators who have been pushed into a one-way street as a consequence of global warming issues?

To cope with an uncertain and volatile world, visionary leadership is key to developing future-proofed businesses. Moving beyond a linear business model to a more cyclical one is a powerful tool that can lead to resilient businesses able to weather any storm.

Interdependence, where there is mutual reliance on other family members, signifies that there is an inclusive mindset with a clear understanding of the family's shared purpose, vision and mission. It is often also what sets a family business apart from other organisations.

As many of the world’s fastest-growing companies are waiting longer to go public, late-stage venture investing is having a whirlpool effect on private markets, drawing in traditional public markets investors, private equity firms and early-stage venture capitalists. Brendan Murphy double clicks on why family offices should also be thinking about investing in late-stage ventures.

Sustainable finance has become something of a buzzword recently, yet there's a difference between responsible and sustainable finance, and impact investing. For those looking to get involved in impact investing, here are some tips for getting started.

A successful family is measured by more than its wealth. Following three simple guiding principles for good family governance can lead to a well-run, healthy and responsible system.

The more choice we have, the more vulnerable we are to their effects on our lives and happiness. For family offices making high-stake decisions, senior leadership should be encouraged to embrace neuroeconomics to protect them from being bitten by thier own successes.

While operational involvement in a family business has declined in some cases, there's been an increase in active ownership roles collaborating with external executives. For a family business to continue to be its best, the owners must also be at their best. Developing a owner strategy routine can help foster the best of a business legacy from generation to generation.

The ability to effect change is essential for individuals, families and their enterprises to thrive. We all know that change is difficult – but why is it so difficult? To answer that question, we need to understand more about the science of neuroplasticity and how the human brain works.

Family offices have a history of putting their money towards causes that they care about, usually via philanthropic activities. But as a new generation of family members takes the reins of these investing and giving activities, the boundaries between positive impact and returns are gradually merging.

Impact investing and philanthropy have always been part of the DNA of entrepreneurial families, albeit separately. However, aligning the two concepts could have even more impact on the business, while attempting to make the world a better place.

SIX recently introduced Sparks, a new SME-focused segment on the stock exchange that appeals to smaller businesses interested in going public, but there could also be some benefits for Swiss family offices and businesses, too.

The hardest part of dealing with death is realising that all you have are memories of yesterday and that the promised future with your loved one no longer exists. In that moment of reality, no amount of wealth can replace your loss. However, the wealth left behind becomes the centre of the family storm and this has to be dealt with.

By a general estimation, 90% of affluent families tend to lose a large portion of their wealth by the third generation. By considering the potential threats to family wealth and taking appropriate preventative measures, the risk of wealth erosion can be mitigated. Here are five key factors that often serve as the foundation for wealth erosion and the steps family offices can take to preserve multi-generational wealth.

Most family offices choose to invest at least part of their venture allocation via venture capital funds, but how they approach these partnerships can have a big impact on how much they get out of them – both in returns and experience. Here we discuss some of the key considerations to bear in mind.

The headlines are scary, but as with all things, there are two sides to a story. This article explores how bitcoin mining is actually a net positive for the environment, and why the current narrative being portrayed is antithetical to the truth.

Known as the family behind a behemoth entertainment and broadcast empire, the Murdochs appear as something of a TV drama themselves. We're going beyond the tabloid headlines to find out what this famous feud means for Rupert Murdoch's legacy and the succession of his family business.

As with every sector, the luxury assets market has been greatly impacted by the Covid-19 pandemic, just not in the way you might think. We take a look at what that market looks like now, and where it looks like it's headed in the future.

Conflict and turbulence within a family – and a family business – are nothing new. If not properly managed, these issues can have serious implications for the governance and even succession of the family.

In 2020, the costs of running a family office rose, with most of these attributed to staffing and IT costs. In this case, this isn't necessarily bad news, as these costs signify a new era for family office technology.

The secret to nurturing trust in your family office network starts by acknowledging that there are three types of value to be maintained, not two. Time and money are the obvious ones, but here's why the third, relationships, need to be prioritised too.

It has been 32 years since the transition began in post-communist countries. Despite this transformation, however, there’s still a large discrepancy between Eastern and Western Europe. This is especially apparent in the investment sector, where investors are either hesitant to get involved or are entirely unaware of the exciting opportunities that exist within the Eastern European market.

 Adopting an insightful process for valuing your possessions and valuables that can lead to more personal fulfilment, deeper appreciation of your things, better estate planning and successful generational wealth transfer? We explore a process, which reflects the new value shifts of the next generation and which goes far beyond, “What is the market value of our possessions?

Investing in Africa is unlike investing anywhere else. Incredible opportunities exist amongst and in many cases because of the continent’s distinct challenges. For family offices looking to invest in the region, we start with an exploration of venture investing in Africa.

For family offices, aligning investments to a greater purpose is more relevant now than ever before. In the current tough economic times, these investments need people who understand their values. We explore why aligning investments to values affords investors a longer-term view, making them a better longer-term fit.

In order to transition their enterprises beyond generations, family businesses must embrace what is known as conscious ownership. To do this, they must move from being conscious operators to conscious owners. We explore how families can deliberately focus on ownership to future-proof their enterprises.

Wealth management within one lifespan is already challenging. Making sure that it will both last and continue to grow for future one's lifetimes, is a complicated task that requires expertise. Still, there is no reason why future generations' wealth should come under threat each time generational change is on the horizon.

Most family offices can agree that networking is an integral part of their business, something that opens doors to many opportunities. Despite this, many family offices still don’t seem to invest in developing proper networks. What should family offices look for when networking and what are the benefits of a sustainable network?

Families need to work harder to attract the best people, partners and investment opportunities. With family offices gaining in popularity, this means that on various levels families will soon need to up their game. Here are three tips to help.

Family offices are increasingly involved in venture investments and this interest is only growing as new generations come to the fore. Not only does venture offer the promise of outsized returns and the diversification of the family office portfolio, but many firms are passionate about supporting entrepreneurial founders.

Most families have an anchor, often identified as a matriarchal or patriarchal figure. A dominant personality who keeps the family aligned and acts as the glue that holds them together. Identifying this individual, celebrating their role in the family and the growth of the unit is fundamental. We explore how understanding the impact of a family leader not only provides alignment but further creates a shared history, values and inevitability vision.

For businesses looking to engage in more responsible and ethical practices, pledging sustainability isn't enough anymore. Instead, regeneration is the way forward – for the environment and society, as well as the business itself. What are the fundamentals of this principle? And what does this mean for measuring value creation?

Within the family business industry, the mantra of ‘innovate or die’ is well-known. Many times we’ve heard the anecdote that the first generation creates the business, the second generation develops it and the third reduces it to dust. We explore this simplification and discuss how a family business can safeguard its entrepreneurial spirit.

Globalisation has seen the world become a global village. In this global village, a new complexity has arisen especially for families of wealth –that being the complexity of interfaith, intercultural, and interracial marriages. We explore what happens when working with families with diverse heritage.

Sun Tzu’s 'The Art of War' has inspired military commanders from around the world to succeed in battle, since being written some 2,500 years ago by the master tactician and philosopher. How can we apply his learnings to the “battle” we face today, as we defend and prepare our real estate portfolios for the continuing onslaught of the pandemic, and help to mitigate the risks that will ensue?

Every year, thousands of startup founders set out in search of funding for their business ideas, offering the promise of substantial returns for family offices. We explore how family offices can mitigate risk and avoid pitfalls by taking a diligent and considered approach to venture investing.

Family offices come in many shapes and sizes, as do the advisors who serve them. Increased competition, technological changes, and an increasing desire for niche investment opportunities are changing the way that family offices work with wealth advisors. We explore what the future might hold for this market.

Gold has long been seen as an effective way to pass on family wealth throughout generations. However, bitcoin is quickly becoming a worthy competitor. As we continue to move into a digital world, family offices are no exception to this and must embrace digital value.

Family offices today must embrace diversity, inclusion, and empowerment of women, if they are to thrive. Our twenty-first-century business world is highly disruptive and challenging, and diversity of thought is key to navigating these successfully. We explore how families can involve female members in wealth decision-making.

All investments deliver impact. However, in order for a family office to really drive impact, they need to clearly define it and then propose how they plan on achieving it. An impact thesis gives family offices a higher chance of achieving the intended impact – both financial and non-financial – through a process of co-creation.

As 2020 has shaken the world and with fundamental assumptions being challenged, many female leaders have been celebrated for their ability to successfully manage successfully the crisis. Within the private wealth space, self-made women are becoming the fastest-growing segment. How can these changes be leveraged to create a more integrated and balanced approach to leadership?

Family businesses are built with a core vision that, which has continuity, renewal, longevity, and legacy of the enterprise in mind. These visions are oftentimes built around a specific competency or industry which is intimately tied to a family's identity. But in an ever-changing marketplace, how might family businesses embrace generalism for strategic advantage?

The stock exchange and family firms – two irreconcilable terms upon first glance. Going public seems to mark the beginning of the end for family firms and to entail an entirely different type of governance. But the book “Successful on and off the stock exchange – Governance practices in family firms” written by Dr. Sonja Kissling and Dr. Bianca Braun shows that this is not true.

Banks are often the institutions that operate closest to family offices. For this reason, family offices also look to banks more frequently for guidance to ensure they're equipped to facilitate the growth and sustainability of the family enterprises that they serve. But what do banks believe family offices should focus on?

The need for privacy and more control over wealth and assets has seen the number of family offices grow. Research reported that by the end of Q2 2019, there were 7,300 offices worldwide – a number that has continued to grow. However, family offices may be plagued by unseen governance risks that could seriously jeopardise their future.

European startups have come a long way in the last 10 to 15 years. Back in the 1990s and 2000s, when many of the world’s biggest tech companies, such as Amazon, Google and Facebook were founded, Europe didn’t even feature on the global tech landscape. But with European startups now making their mark on the global stage, the time is right for family offices to get involved.

As the greatest wealth transfer in history is underway, noteworthy heirlooms such as important art collections, historic real estate are being taken over by a new generation. Can these inheritors embrace their new ownership and find ways to make it a meaningful relationship – or will the family jewels be destined for the auction houses? We explore some options.

2020 was the year we all became suddenly aware of the interconnectedness of our global challenges. The COVID-19 pandemic revealed how climate change, health disparities, racial discrimination, housing injustice, population displacement, and other factors all act and interact in complex adaptive systems. How might investment and design principles embed value in impact investing from day one?

What made family offices in Germany successful and how are they resetting for the new normal? We navigate the top challenges transforming the transgenerational wealth creation of German enterprising families.

For family offices looking to protect and grow family wealth, a time-horizons’ tiered approach to wealth management is paramount. For those charged with financial decision making, these time projections are arguably the most sensible strategy to preserve, grow and transfer wealth within a family context. We look at how pine nuts, pine trees and oak trees can secure wealth for future generations.

After 11 years of its existence, bitcoin has gone from a fringe to a mainstream concept. A recent wave of corporations and HNWI’s have been buying bitcoin as a way of combating the inflation that central banks are currently producing. So, how can family offices navigate the bits and bytes in the ether?

Imagine a seemingly healthy 35-year-old family member assumes the CEO position of a core global family enterprise. On the second day of his tenure, he sustains a cardiac arrest and dies immediately. Could the risk of his tragic death have been mitigated using currently available actionable DNA medical science of genomics? The answer is resoundingly yes.

Family offices rarely think about their operating costs in basis points – surprising when such a measurement is a common component of determining expense vs value when comparing investments. Navigating your supplier universe can help you gain a much-needed system overview.

Singapore might be the answer for many Western family offices looking to bridge family values and forthcoming disruptions.

Over the past 5-10 years, there has been an increasing focus on the importance of women in leadership positions, including on boards. Aside from the obvious reason of legal equality, why is a policy of mixed-gender board representation important?

Ralph Waldo Emerson once said, “Every great institution is the lengthened shadow of a single man (or woman)." Within the private wealth space, this is especially true with no two family offices being the same. Service design makes an ideal bedfellow for family offices looking to move beyond 'palace politics' and re-engineer their family office structure to meet the changing needs of the market.

Economic uncertainty and stock market volatility mean family offices are reviewing their investment strategies with a view to safeguarding their portfolios for the future. Covid-19 has thrown all the chips in the air and, while the arrival of a vaccine gives hope that the end of the pandemic is in sight, nobody knows where the pieces will eventually land, for the public markets, property and other mainstream investment classes.

A changing set of realities, norms and values are underway in the face of an accelerating climate crisis. Within the family wealth space, the next-generation are particularly attuned to these changes and placing demands on family business leaders to act. A new family governance method which targets a family’s collective unconscious could be the key to successful intergenerational transition.

The next generation today must influence a range of stakeholders if they are to be effective change agents. Family enterprises are facing a 21st-century volatile, uncertain, complex, and ambiguous (VUCA) world that has given rise to a new style of leadership. We explore how the next generation can embrace a persuasive leadership style in order to be effective change-makers and propel the family enterprise into the future.

Bitcoin and family offices very logically compliment each other. Family offices aim for long-term wealth preservation throughout generations, while bitcoin is a form of money that can’t be inflated and can therefore retain its value over time. We explore how the history of fiat currencies and the recent adoption from UHNW investors presents a compelling case for this new financial revolution.

Since it’s capabilities were first promoted to underpin and support Bitcoin over a decade ago Blockchain has experienced a great deal of hype. While the fintech industry remains the blockchain leader, organizations in other sectors including healthcare, technology, media and telecommunications are expanding their blockchain initiatives.

Though the family office market in Australia continues to go from strength to strength, it is a challenge for software providers to see the value in expanding to a vast country with a highly idiosyncratic financial system. At the same time, there are also challenges to helping established Australian family offices to invest in a high-performing tech stack. We explore solutions to this technological stalemate.

Intergenerational succession represents a significant challenge to family business. Though a common problem, misalignment between generations needs to be addressed for businesses to thrive into the future. Emotional intelligence could well be the key to bridging the gap. We take a look at how mentorship – and increasingly mindfulness – are helping family businesses to cross the chasm.

Though family offices vary in size and shape, every organization shares a common origin: entrepreneurship. Without the first generation of pioneering entrepreneurs, they simply wouldn’t exist.

For many family offices, succession is the most complex and significant challenge faced over the course of their life cycle. Next-generation engagement is fundamental in ensuring that their legacy continues well beyond their tenure. Here are five approaches to aid next-gen engagement.

Today’s business leaders have to navigate an increasingly complex risk environment. Although not traditionally, a focal point in company reporting and board room discussions, risk assessment has received the renewed focus of late. For companies who want to be resilient, a holistic and disciplined approach to risk management is required.

Key Performance Indicators (KPI’s) have been credited by many as the backbone of business management. But how do these metrics fair in a rapidly evolving world? Research suggests that a focus on soft (as well as hard) assets and predictive technology is the answer.

As a growing number of asset owners question whether they can manage their assets for more than financial returns, impact investing receives mounting attention. In spite of this, many still believe that impact investments constitute higher risks. We explore how by reframing their relationship to risk, family offices can take bigger bets and win in the long run.

Many businesses with humble beginnings have been able to weather change and grow into empires. Could professionalization hold the key to continued success?

Although certain business challenges are universal to family offices across the globe, the way in which Asian family businesses experience, prioritise, and tackle them is unique. We deep dive into four key global family office challenges and how they are experienced within the Asian context, reflecting upon the unique set of underlying influences that shape the Asian response.

In this day and age, content is king. Brands in the 21st century have more cultural and social capital than ever before. With the rise of influencer marketing and the proliferation of social media platforms, branding has become an ever more important aspect of business. 'Primal branding' offers family businesses with a guide on how to get started.

Impact investing has caught the attention of families, family offices, and private investors alike in recent years. In spite of this impact-led zeitgeist, there exists uncertainty on how to approach this field. How do you begin? Here are a few points to consider.

HBO’s mega-series Succession follows the decaying empire of a dysfunctional media family - a template on precisely how not to run your family office. Here are five lessons that we can learn from Succession, before putting them into practice in the process of running family offices.

Financial institutions, once regarded as the cornerstones of business, are now facing unprecedented changes and challenges that could not even have been conceived of a decade ago. We explore how banks can remain relevant within the private wealth space through a customer-centric approach.

Only 3% of family-owned businesses survive until the fourth generation and beyond. There appears to be a cross-generational disconnect with family owned business succession. We explore past and present trends and cast a glance to the future regarding successful planning to help ensure legacies live on and thrive.

It would appear that some Family Offices are now showing a predilection for direct investing to diversify portfolios and build new equity investment. Whether investors are motivated by high returns or other factors, it begs one important question: how best to enter the deal flow slipstream?

Remaining relevant and competitive in a rapidly evolving marketplace is no mean feat. Whilst innovation methodologies and speed-to-market are fundamental business tactics, how do we ensure we’re solving the right kind of problems? Foresight and trend analysis provide us with the necessary tools to do so.

Statistics reveal that cybercrime is becoming one of the biggest commercial and reputational risks to family offices, a threat that is expected to grow well into the future. With businesses shifting more into the online and digital space, cyber criminals are becoming increasingly sophisticated in their methods.

Globalisation, digital transformation and climate change have transformed the way we live, work and conduct business today. Inheriting this radically transformed world are the millennials, a new generation with distinct priorities from their baby-boomer predecessors. Their north star? Purpose.

Gone are the days of the 'Five Forces Framework', the Four P’s of 'the Marketing Mix' and the 'Seven C’s Compass'. It's time for brand frameworks which are reflective of, and adaptive to, an ever-changing business climate. We've selected the top new-age frameworks for developing a cohesive brand for your family business.

Africa marches to her own rhythm. Besides her unrivalled natural beauty, the continent is blessed with numerous natural resources and knowledge power. Despite these riches, even the wealthiest African cities are home to the greatest numbers of people living in poverty worldwide. The emergence of a healthy Family Office ecosystem remains lacklustre.

Video content is dominating the digital media space, with 100 million hours of video content watched on Facebook, 10 billion videos watched on Snapchat every day with countless more on Instagram and TikTok. What better option is there to really speak with the next generation of owners?

Running a hotel is very much like running a big family. Every day there will be something new. Perhaps today the internet is down, tomorrow you’re awarded some prestigious award, next week an unexpected family member is arriving where the hotel is full, or one day the police are at the door to speak to one of the family members.

Many family businesses are born of the practice of merely "doing something," like tackling a problem or seizing an opportunity. It's often a matter of an entrepreneur spotting a gap and taking it.

In an exercise reminiscent of “If a tree falls in the forest, does it make a sound?” imagine that tomorrow you go to your place of business but there’s no one at the front desk, no one at the phones, no one in IT, no one filing or filling orders, no one manufacturing or selling your widgets… If there’s no one to run it, would you have a company?

Family offices have evolved from the mega-money-centric, often hidebound institutions of a bygone era (by which we mean a few decades ago). Today the services offered by an energetic family office more closely resemble those of a life coach/creative director/spin-doctor, than a financial advisor.

The common misconception is that the family office asset management style only suits ultra-high-net-worth individuals and companies. But how about the less-high-net-worth ones? Here are a few suggestions on implementing top-notch financial management practices on a business of virtually any size to take a load off your staff and enhance productivity.

While most successful families consider heritage branding extremely beneficial, not everyone takes full advantage of this extraordinary marketing tool. According to statistics, only one-third of the top 100 family businesses focus on their brands as family-owned, even though purposefully highlighting your multi-generational story comes with a solid set of bonuses.