The act of giving through family philanthropy can be a transformative experience for both family members and the communities they serve, sometimes with an impact that lasts generations. However, achieving a positive, enduring impact requires purposeful vision and decision making throughout the lifespan of the family's philanthropic work. With the d...
Although high-net-worth families and individuals recognize the importance of instituting formal family governance structures, doing so presents a complex task. For families who are committed to creating a flexible and durable system of governance, the benefits are lasting. Where To Begin Family governance need not be an...
For most of the period from the Global Financial Crisis in 2008 through the end of the COVID pandemic in 2022, the Federal Reserve held interest rates near zero. As post-pandemic inflation surged in early 2022, the Federal Reserve began a rapid rate-hike cycle that ended in July 2023 with the Federal Funds Rate at 5.25% - 5.50%. As noted in this In...
With a focus on women business owners and decision makers, a survey of nearly 900 men and women was conducted to learn and understand what might be different in men and women’s approaches to managing their personal and business wealth. This report by BMO explains what the study uncovered, revealing some valuable insights into the financial attitude...
Families that thrive for multiple generations invest their time, talent and resources to ensure their family offices have thoughtful and flexible programs to be successful. When should families consider a strategic assessment of their family office? How do wealth owners and family office executives conduct such an assessment? What is the link to be...
Explore the role insurance plays in family office risk management and how the actions taken by executives and clients can create a more holistic approach to insurance planning.This program is based on research by FOX and content partner Frank Crystal & Company. Learn about actions that can be taken to improve overall family protection wit...
The wealth advisory industry is growing at an unprecedented rate as more and more registered investment advisors, financial institutions, and accounting and law firms are attracted by strong client population growth in the ultra wealthy segment. Although there is tremendous market opportunity and barriers to entry are relatively low, service requir...
Many wealth owners are seeking tangible methods for measuring and evaluating the value of their family office and/or wealth advisor. What do wealth owners expect and what do they value? How do family offices and wealth advisors demonstrate value? Listen in as our speakers reveal findings from dozens of interviews with wealth owners, fam...
Like any industry, the family office market continuously evolves in response to external environmental factors and the changing needs and demands of clients. In this webinar, listen to the FOX research team as they look at the key issues shaping the family office industry today and provide commentary and views on select trends currently affecting f...
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.
Providing wealth management services via a single family office takes on many forms from investment oversight to educating the next generation. On this webinar, FOX consultants discuss evaluating client needs to determine scope of service options, service delivery methods and elements of a client service agreement. What services do families of weal...
Compensation cost is a significant expense for family offices, accounting for approximately 60% of a family office budget. It is critical to the success of a family office to not only hire the right people but also to ensure it's compensation program is aligned with the family’s values and long-term objectives and is appropriate for the life stage ...
A strong governing board is part of the “glue” that helps marry and implement the family vision and legacy with strategic plans and results. One of the most effective programs that can be implemented in the family enterprise is to establish and strengthen the impact and effectiveness of the family governing board. In this webinar, F...
The key to effective continuity planning is, first and foremost, the family's understanding and commitment to the process and secondly, the integrity and design of family governance structures which will allow for the seamless execution of the plan. Does your family or family office have a continuity plan? Join us on this webinar to explore the tec...
On February 9, 2012, the Commodity Futures Trading Commission (“CFTC”) issued final rules eliminating a number of exclusions and exemptions relied on by commodity pool operators and commodity trading advisers and the final rules increase the reporting requirements for these groups. In making these changes, the CFTC declined to provide specific exe...