This report looks at the keys to planning a successful trip to China, including aviation, medical care, and personal security. It includes a case study of family traveling to Beijing and Shanghai.
In this 2012 Financial Executives Forum presentation, Jeremy Kahn, AVP of IT at Hartz Mountain Industries, Inc., provided an overview of cloud computing and their benefits to family offices. He defined cloud computing as “a model for enabling on-demand access to a pool of computing resources that can be provisioned and released with minimal effort.”
In this 2012 Financial Executive Forum session, a panel of Heather Asher, Family Office Exchange; W. Jackson Parham, Jr., Chief Investment Officer, Eton Advisors, LP; and Michael Madigan, Director, Product Management, Advent Software, Inc.; discussed approaches to reporting that promote readership, prompt broader family involvement and engagement, and ultimately help family members remain focused on their long-term goals.
In this 2012 Financial Executive Forum panel discussion, Bonnie Gauger of Johnson Keland Management and Shannon Zur from Vogel Consulting provided the contrasting human resources perspectives of a single family office and of a department in a multi-family office.
A family meeting held at an overseas destination can enable a family to impart values to younger generations, strengthen its legacy, and engage in hands-on philanthropic activities together. Learn how in this article.
When it comes to families, reputation management involves much more than preparing for or responding to critical incidents. It is connected to the family’s values, history, and future aspirations. This article provides an overview of best practices families can institute to foster and safeguard their good name.
In general, a lifestyle specialist should save you time, reduce your stress, be exceptionally trustworthy and honest, and demonstrate veritable focus on making your specific desires and objectives into exceptional realities. The imperative to preserve your complete privacy, security, and integrity should be both second nature and at the front of their minds. They should make life better, easier, and more fulfilling for you. Lifestyle specialists, like personal assistants, concierges, and estate managers, are problem solvers.
The SEC and Cayman Islands Monetary Authority are establishing mechanisms for ongoing consultation, cooperation, and exchange of information related to the oversight of regulated entities that operate across national borders. Each agency intends to provide the other with assistance obtaining information that is needed to ensure compliance within the other regulatory agency’s jurisdiction.
Although the recent focus has been on public companies and the new requirement to obtain an independent opinion on internal control over financial reporting, this requirement has also brought to the forefront the importance of internal controls at nonpublic entities. Although not less important, internal controls for small companies and family offices offers challenges not encountered in the large company environment.
One private aviation solution that many family offices are discovering is fractional jet ownership. This solution offers owners the ability to enjoy many aircraft ownership benefits at a significantly lower cost of entry than full aircraft ownership. This is made possible by dividing the aircraft into smaller shares (fractions, beginning at one-sixteenth of the aircraft), giving individuals the option to buy the number of flight hours that best fits their needs.