Two major changes have occurred in public company boards, both without regulatory impetus, according to SpencerStuart's 2007 Board Index. These are a more strategic, hands-on approach to identifying and screening new director candidates as well as revised director compensation packages.
Online criminals are working through legitimate sites to place spyware or other malicious programs on the computers of ordinary users, according to Trends in Badware 2007, a report by StopBadware. Criminals can access users' private information through links and software placed on these sites. The report outlines current practices, lists compromised sites and offers security suggestions.
Flash drives and laptops may pose a threat to company security as employees take confidential information outside the office, according to a survey from Tower Software. The U.K.-based company found that 55 percent of surveyed employees store work-related e-mails, files and documents in locations other than a secure, shared computer network.
Many affluent families are willing to spend significant amounts on out of pocket medical expenditures but want to maintain good protection from catastrophic medical expenditures. All families today need to plan for adequate coverage, especially when serious illness is diagnosed or when individuals face transitions which affect their coverage like aging off a parent's plan, divorce, death of a spouse, or turning 65.
A consumer guide that provides basic training for navigating the healthcare system. To get the best care, consumers must be active partners in their care. The enormous growth and complexity of the healthcare system is one of the key drivers. Patients can no longer rely on their health providers to know every surgical or pharmacological solution.
This report decsribes how wealth management firms can boost their performance by improving sales force productivity, redefining the role of the team leader, and managing and developing human assets. The report also highlights a full range of levers that can improve organic growth.
The purpose of this document is to help you to understand the business aviation solutions available in today's marketplace and identify which business aviation solution may be of greatest interest to you.
One of the greatest challenges facing family offices is how best to demonstrate and communicate the value that the office provides to the family. At the FOX Fall Forum session “Setting Expectations and Measuring Success,” representatives from two family offices described how working in tandem with family clients to set goals and objectives has been essential to the long-term success of the family and the office.
How does a family office serving the third and fourth generations differ from one that is serving generations seven and eight? How do the servicing needs change as the family expands and changes? What happens when the cost of services delivered by the office exceeds the perceived value? How can costs be controlled? What back office systems are required?
Among the most crucial functions for the family office is the chief investment officer (CIO). The position might be held by a family member or outsourced to an external professional. A minority of families hire a captive investment professional-a strategy considered by many to be among best practices for families with ten-figure wealth.