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If you are wondering how it is possible that everyone in your family is offering an excuse for missing the family meeting date, then it is time for some new ideas or approaches to turn these meetings into events that no one wants to miss. How? By planning a purposeful family event that also happens to include the family meeting. In addition, it will go a long way toward increasing a sense of purpose and engagement when it is organized around the right location, meeting format and family bonding activities.

When it comes to placing a value on your fine art collection, it is important to understand and debunk the appraisal myths. It begins with correcting the myth that an appraisal is not needed when in fact it is crucial to establish and protect your valuable collection. Know the facts and guard yourself against the myths that could place your fine art in a vulnerable position and make you susceptible to losses.

Based on the voices of 2,650 successful business owners across Europe, Asia, the United States and the Middle East, the Global Entrepreneur Report examines the characteristics and motivators of Elite Entrepreneurs with a total net worth of $40 billion. They are highly motivated, resourceful and skillful in the art and science of entrepreneurialism. When looking deeper in the characteristics of what makes an entrepreneur distinct, patterns emerge and are clearer to see when considering the entrepreneurs by their generation, gender, or even by their practice of entrepreneurialism.

How should an investor allocate across active and passive investments? It’s a challenging decision with numerous components, and for many investors, indexing has become a valuable starting point that leads to choosing to index their entire portfolio. But our analysis shows that for those who are comfortable with the characteristics of active investments, an allocation to active can also be a viable solution.

In this collection of tax alerts and articles, we provide legislative and regulatory insights to help family offices address their concerns in the following areas: estate and gift tax, charitable giving, partnerships, tax planning for non-resident entering the U.S. tax system, and tax treatment in the financial services industry.

Investing evokes emotion, and even sophisticated investors should arm themselves with a long-term perspective and a disciplined approach. Abandoning a planned investment strategy can be costly, and research has shown that some of the most significant derailers are behavioral: the failure to rebalance, the allure of market-timing, and the temptation to chase performance.

More than ever before, families and individuals are creating trusts and limited liability companies and transferring legal ownership of one or more of their properties to these entities. Very often these arrangements are an important component of a family’s overall financial and wealth management strategy. But without an insurance program that properly reflects the structure of these arrangements, they can create unintended risk exposures.

Occasional memory lapses are not uncommon, but there may be more going on when forgetfulness begins to affect daily functioning, performance or safety. With more than 5 million Americans diagnosed with Alzheimer’s disease, it is essential for Family Office Executives to understand more about cognitive decline and recognize the warning signs early. Advanced planning and having early conversations with individuals and their families before the age of 65 is critical to safeguarding a family.

For a number of philanthropists, philanthropy is a family affair: a means of passing on key values to the next generation as well as giving back or doing good. How are millennials in family foundations, with the weight of legacy on their shoulders, approaching philanthropy? This fascinating generational shift is explored in more detail in this new report.

Wealth amassed by affluent individuals is being channeled into family foundations, increasingly led by millennials. They sit at the crossroads between the forces driving the millennial generation and the weight of their families’ legacies. They want their financial resources to achieve the greatest possible impact. They question why all their investments weren't impact investments.