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The US Treasury has now released the long-anticipated “Model 2” intergovernmental agreement (“IGA”) to facilitate the implementation of FATCA, which is expected to be the template for US agreements with Switzerland, Japan, and certain other countries where there might be domestic legal or administrative impediments to entering into a Model 1 IGA. This paper looks at some of the more significant ways in which Model 2 departs from Model 1.

Many family offices run like mom-and-pop shops need to embrace best-in-class management and oganizational standards. Blackman Kallick's Mark Blumenthal presents a case study of a small family office that put more formalized processes in place in this "Worth" magazine article.

The increase in ultra-high net worth families around the world—especially in the emerging economies of Asia, the Middle East, and Latin America—makes family offices a growing force in the global investment market. But if family offices are to live up to the high expectations of their client families, they must offer an exceptional level of service. To meet these service expectations, family offices need to have a sophisticated technology infrastructure in place.

The cloud is the hottest buzzword in the technology industry right now. The whole subject of cloud computing, however, is often clouded — so to speak — by a lot of technical terminology and marketing hype. This white paper is an introduction to cloud computing written specifically for investment managers. It explains what cloud computing is, describes the different forms it comes in, identifies how it can be useful to investment managers, and maps out the most common concerns and pitfalls of moving to the cloud.

This white paper examines the need for family office reporting and types of reporting, the challenges in providing such reporting, how to design a reporting framework, the effects of the recent financial crisis and impending securities legislation, typical versus best practice reporting, the role of technology, and outsourced reporting solutions.

A complete and well-developed art service platform can be a competitive advantage for a family office, and as competition increases these platforms will be more global, transparent and diverse in their offerings. Knowing these trends and changing your office to accommodate them can set a family office on solid ground with often demanding collecting families.

The term "art storage" is something of a misnomer as it is not solely focused on the storage of paintings and sculpture. Art storage applies to the safekeeping and preservation of a wide variety of property, everything from prints to jewelry to couture fashion to wine. This paper details seven crucial characteristics you should seek in an art storage provider.

Video biographies are an emerging instrument many ultra-high-net worth families are commissioning to help preserve their history. The biographies allow the wealth builders, or their progeny, to discuss, in their own words, important topics that are of concern to them – family governance issues, estate and tax strategy, philanthropic arrangements and the education and mentoring of their children and grandchildren. This paper examines in detail the merits of commissioning a video family biography to help protect and preserve the family legacy.