Recently, a FOX member inquired about the best practices of onboarding a next generation family member into the Family Council. "What does the first year look li...
Measuring successSometimes the greatest challenge for a family is to agree on how they will measure the “success” of the enterprise in each generation. The metri...
Transitions within families, increasing complexity on a global scale, and the dynamics of managing families are making governing boards more indispensable to fam...
Demographics, automation, and inequality have the potential to dramatically reshape our world in the 2020s and beyond. Our analysis shows that the collision of t...
As lawyers, we are taught to zealously advocate for the client or the position we represent. At its best, this advocacy almost always entails thinking outside th...
Everyone these days is talking about “impact investing”. A Google search returns over 150 million results for the phrase. There are hundreds of investment manage...
Matt Hougan was the CEO of ETF.com, a three-time member of the Barron’s ETF Roundtable, and the co-author of the CFA Institute’s Monograph on ETFs. He was also a...
I have been traveling in the US and abroad lately, meeting successful business owning families who feel that they have “become bigger than their business”. They ...
Latin America has been one of the most dynamic regions of the world in the last two decades, experiencing strong GDP growth and wealth. During this time, many of...
The biggest asset of any family office is the staff that supports the family clients. Over the last couple of years, creating an effective team for the family of...
The impact of greater longevity will be broad and deep as the average life expectancy in America today is longer than in any other period in history. The systems...
Family meeting season is here, and FOX members are gearing up to create learning experiences and memories that will last a lifetime. Of course, the planning like...
A perfect storm of market appreciation and demographics points to a progressive and sustained growth opportunity in the ultra-wealth business. Now that the time ...
Investing directly and operating in real estate and operating businesses is an increasingly important focus for many family offices. For the past decade, FOX has...
Beyond the Family BusinessA business-owning family with intertwined holdings and joint assets across generations must invest in planning to ensure continued succ...
All aspects of our daily lives will be impacted, as will our understanding of self and the meaning of privacy, ownership, and citizenship due to dramatic changes...
Legislators must know what is important to family businesses; what helps or hurts them when it comes to operating their business and creating more jobs. For that...
You can’t evaluate what you can’t measure- and when assessing the success of any trust, proper metrics are vital. Beneficiaries should hold their trustees accoun...
Serving as a trustee is a huge responsibility and can be fraught with peril in terms of potential liability. Trustees owe fiduciary duties to the trust beneficia...
Most people feel honored when they are tapped to serve as trustee of a family trust. It’s an important leadership position as well as a powerful role in managing...
The goals of family education include understanding the family’s values, legacy, and sources of wealth, increased engagement in the family enterprise, and basic ...
What does a business succession plan look like?The term “succession planning” can sound daunting to business owners, even when they know it needs to be made a pr...