A new white paper from the Lindquist Group addresses household staffing needs under a variety of circumstances, offers best practices for hiring and terminating staff members, and provides tips and resources related to taxes, insurance, benefits and salaries.
The authors discuss the impact of the addicted client on the emotional well-being of financial planners. They explore how to recognize the signs of addiction, seek competent assistance, and support recovery including what works for improved treatment.
This paper from AQR Capital Management helps demystify managed futures, one of the few investments that performed well in 2008. The authors describe how to construct a simple version of this strategy, illustrate how this simple version performs in various market environments, and show how managed futures can be used to enhance the risk-return profiles of traditional portfolios.
Since 6 April 2008 non-UK domiciliaries have only been allowed to claim foreign losses if they make an election for such losses to be allowable. However, making the election without careful consideration could mean losses being absorbed against foreign gains that would not have been taxable in the UK. Withers Worldwide outlines these considerations and covers other useful information about claiming foreign losses.
This white paper from Atlantic Trust reviews the history of the Economic Growth and Tax Reconciliation Act of 2001, offers a look at recently proposed tax reform bills, and urges families to continue with careful estate planning, asset protection planning, business succession plans and charitable plans.
While conversion to IFRS has benefits, the transition from U.S. GAAP to IFRS is significantly more than a technical accounting issue. In this article, Rothstein Kass provides a high-level overview on the adoption of IFRS for investment companies currently in conformity with U.S. GAAP.
A thorough understanding of the risks from extreme market moves is essential to a realistic estimation of a strategy's risk/reward profile. Every market professional is aware that with risk come opportunities. In this paper, LJM Partners shows that a process can be built to use the heightened premiums of OTM S&P options to enhance returns.
The differences between the belief systems and practices of stewards and inheritors within single Asian families and the confusion they create.
A business-owning family can create a secure foundation for effective multi-generational ownership and control by transferring shares of a family business in trust during the controlling owner's lifetime, and through careful drafting of trust provisions, choice of governing law, selection of a capable trustee and implementation of effective family governance processes, Withers Bergman says.
The recent economic crisis resulted not only in a significant loss of wealth, but also in a loss of trust. This article addresses the psychology of that loss of trust and presents a constructive response to it for family offices and their clients: Create standards for investing that can help avoid a re-occurrence of recent events.