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A variety of special challenges confront families collecting art and other unique and valuable objects. It is critical for family offices to examine processes on how to secure and protect thier valuables while evaluating recovery methods in today's economic times.

Self-assessment is a process by which individuals can learn more about themselves - what they like, what they don't like, and how they tend to react to certain situations. This self-knowledge can help adults at any stage consider which life and career paths could be good "fits", deal more effectively with personal and interpersonal challenges, and see shared tasks and relationships in new lights.

92% of heirs switch their advisors after receiving their inheritances. As the Baby Boomer generation prepares to transfer an unprecedented amount of wealth to the next generation, advisors have an opportunity to support their client families to creating successful successions—and to support the long-term, sustainability of their own practices—by adapting their thinking from working with multiple generations of a family, to supporting families through a collaborative multi-generational approach.

The practical application of discretionary distribution provisions is one of the most difficult tasks a trust professional will face. It requires careful attention to the terms of the trust, an understanding of the legal framework for interpreting the terms, and the exercise of thoughtful judgment based on all the relevant facts.

According to the Substance Abuse and Mental Health Administration's (SAMHSA's) National Survey on Drug Use and Health in 2006, 23.6 million persons aged 12 or older needed treatment for an illicit drug or alcohol abuse problem (9.6 percent of the persons aged 12 or older).Most families face these issues at one time or another – but for high net worth family members, personal problems come with an additional layer of risks to the family enterprise. How can family office staff and family advisors provide appropriate support and management on behalf of a family member in crisis?

Compensation and benefits are the largest expenses for multi-family offices and wealth advisors, often representing over 50% of the firm’s expenses.In this session – a reprise and continuation of research presented at the 2009 Wealth Advisor Forum – study leaders review FOX’s latest proprietary research into the “economics of talent”.Participants in this program will gain knowledge of:

Over the past 20 years, the use of corporate structures to protect families of means has grown exponentially. Family assets that once would have been housed within in a (relatively) simple, single entity are now spread across multiple corporations, trusts, partnerships, and more.In this two-part program, an interdisciplinary team of legal, tax, and risk management professionals will discuss major wealth management structures currently used by families from a variety of perspectives.

Over the past 20 years, the use of corporate structures to protect families of means has grown exponentially. Family assets that once would have been housed within in a (relatively) simple, single entity are now spread across multiple corporations, trusts, partnerships, and more.In this two-part program, an interdisciplinary team of legal, tax, and risk management professionals will discuss major wealth management structures currently used by families from a variety of perspectives.

Effective communication during times of turmoil can be challenging and downright daunting for affluent families and their advisors. From the recent meltdown in the financial markets to difficult wealth transfer discussions, families and their advisors often have to tackle some complicated topics and navigate sensitive issues that can be further exacerbated during troubling times.

Over the past decades, family specialists have developed a deeper understanding of the host of emotional responses that accompany wealth events – whether the event in question is a business sale, inheritance, trust distribution, or other financial transition.