When families with a multi-generational mindset undertake strategic planning, it’s with a view that is longer than the typical three- to five-year time hor
Resource Search
Philanthropy and social impact commitments don’t just benefit the intended parties.
Want to know the secret to maintaining family togetherness over generations?
The pandemic has thrust our perceptions of the workplace into an entirely new paradigm.
The rising generation is curious, intelligent, and preparing to step into family governance and business roles. They are your family’s future leaders.
The COVID-19 pandemic has prompted all types of businesses to run a magnifying glass over their processes and infrastructure to ensure continuity and viability. For family offices, it is an opportunity for them to upgrade technological systems by adopting outsourcing and automation. Such advancements improve operational efficiencies, security, and long-term likelihood the family offices achieve its business and familial objectives across generations.
As family offices evaluate their assets during the economic downturn, examining deductions and estate and trust planning can help form better strategies and objectives. In this Q&A discussion, learn how the valuation of distressed assets and investments can maximize your tax deductions through these challenging times.
COVID-19 has forced organizations of all kinds to consider what the future of their operations would look like in a post COVID-19 world. Family offices were no exception. Rapidly fading are the days when a family office would provide a space where their staff can work. Most of these physical offices now stand empty as working from home has become the new normal. For many family offices, the answer is to become a virtual family office.
The key to success of any risk management plan is the development of an “all risk” approach that takes the entire family enterprise into account. Through a survey of more than 200 family office executives at single and multi-family offices, an uncovering of some worrying approaches has surfaced around the risks that family offices face, particularly cyber risk, family-related risk, investment risk, and employment-related/insider risks.
The rising criticality of information security at every level has made security a core necessity for most organizations, with many companies concerned about the risks related to a remote workforce. In this webcast, we review the technology challenges that family offices face and explore today’s cybersecurity threats, the cyber claims, and building a family office cyber program. We also discuss the misconceptions about cybersecurity and the importance of information security governance.