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When businesses reach the limitations of basic accounting solutions and outgrow their systems, there are often operational inefficiencies that drain resources and limit growth potential. What once worked perfectly now creates bottlenecks. Reports that should take minutes can require days of manual work. Teams operating in silos may be working with conflicting information. These growing pains aren’t just frustrating—they directly impact your bottom line and ability to scale.

Nonprofits are facing increasing budget and personnel uncertainty due to both a decline in donations and threats of cuts to government funding. As a result, volunteers will become even more important in helping nonprofits fulfill their missions. However, even the most well-intentioned and qualified volunteers can expose organizations and philanthropic families to legal, financial, and reputational risks—especially if the volunteers are placed in unsuitable roles or lack proper screening, training, and supervision.

From working with forward-thinking family office leaders for more than two decades, we can see with a bird’s eye view of the family office space and have a keen awareness of the forces and demands that are shaping it. In today’s environment, we see even more change than usual, including meaningful structural transformations. For family offices, the ability to adapt thoughtfully to change is essential.

Navigating the complexities of financial management can be overwhelming for family offices without the right systems in place. From consolidating data across entities to ensuring accurate and real-time reporting, the demands can often feel unmanageable. With Sage Intacct, family offices gain a powerful platform designed to address these challenges head-on. This ultimate guide explains how Sage Intacct delivers enhanced financial transparency, simplified multi-entity consolidation, and improved reporting capabilities.

Through 2048, an estimated $124 trillion in wealth is expected to pass from older to younger generations in the U.S. Additionally, $50 trillion will pass laterally to surviving spouses, the large majority of whom will be women, before making its way down to children. Known as the Great Wealth Transfer, it comes with responsibility for both the owners and inheritors of wealth. Here, five steps are outlined to help you and your family prepare for the change that also represents a shift in power with younger generations stepping into their financial strength.

As with any technology, change happens gradually, not overnight. And GenAI is no different. While it may seem to many that the AI enterprise adoption is at a standstill because the financial benefit is not yet evident, important steps are happening behind the scenes that are setting the stage for broader scale adoption and monetization in the not-too-distant future. In this report, we address the common questions about the generative AI theme.

The transition of wealth and leadership between generations poses unique challenges for a family, their family office, and their business and investment interests. These risks go beyond financial concerns, often focusing on obstacles that threaten successful generational transitions and the preservation of the family’s legacy.

College graduation marks the start of a career with new responsibilities and decisions. It can be an exciting time but filled with uncertainty. If you are starting a job, it is time to begin planning your financial future. To get started, here are our best tips around budgeting and spending money wisely, checking your credit score, saving for retirement, understanding your company’s benefits, monitoring and protecting your online activity (both financials and social posts), building your business skills, and more.

Owners of family businesses sometimes find themselves spending more time working in the business than working on it, specifically on ensuring its longevity. This is partly due to dynamics which may require owners to choose between what’s optimal for their business and what’s best for their family.

When selecting a structure for your venture investments, there are key factors for family offices to consider, including having discussions to understand the objectives of the investment and the circumstances of potential investors.