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A family office is structured by default rather than by design. In most cases, it is set up to serve the immediate needs of the founder and a limited number of family members. As the family grows, mandates change. How do you ensure that the family office is equipped to handle these new demands? Do you outsource? Partner? Expand?Join us for an in-de...

Many ultra wealthy families experience a steady flow of incoming donation requests – from friends, other family members, colleagues, even strangers – and saying “no” can be difficult. But just because you can afford to say “yes” doesn’t mean you should.Defining your philanthropic mission and associated giving parameters (which includes saying “no” ...

Evidence suggests that good communication is a cornerstone of successful wealth transfer among families and those family meetings are a good platform for communication. Is there such a thing as “bad” communication or a “bad” family meeting? How does one undertake the good and avoid the bad? Join us for some best practices, important tips and lesson...

People make the difference and getting the right talent in place is crucial for any organization. Indeed, in a family office, there is no place to hide. In this session, we focused on both the art and science of effective selection and promotion decision-making. We considered the role, related culture, and family expectations to develop a success p...

It’s been a little over a year since the 2017 Tax Act brought a multitude of changes to the tax code. As families continue to learn about the impact of the new law on their future, advisors await further guidance from the treasury department while simultaneously evaluating the challenges and opportunities presented by the changes for their clients....

Successful transitions between generations is a key differentiator in families that out-perform the shirtsleeves to shirtsleeves proverb. Effective generation succession doesn’t happen by accident, nor is it accomplished through the efforts of a single generation.There are key principles and practices that boost families’ chances for effective succ...

Many people collect artwork for the joy it brings them, while others also focus on the investment angle of their collection. In both cases, collectors should ensure their insurance program and risk management advice aligns with their collecting goals, as well as their estate plans. In this session, we explored how to ensure your insurance policy mi...

Attracting and retaining talent is the top Human Capital challenge in family offices today. FOX Managing Director, David Toth and Ken Cameron and Bruce Benesh of Grant Thornton LLP joined us and share what your peers who completed the 2018 FOX Family Office Compensation & Benefits Survey are doing to attract and retain key talent.

Over the past several years, the world has experienced an increase in the number of devastating natural disasters, yet according to FEMA more than 60% of Americans lack a household emergency plan. In this webinar, Marsh Private Client Services and Guy Carpenter examined natural disasters, including earthquake, flood, storm surge, wildfire, and wind...

If you think you may need a family office to manage your family’s wealth or you want to take your family office to the next level, this webinar will help you understand the role and functions of a family office and what it takes to start and maintain one.In this session, you will learn about the concepts FOX has garnered working with families aroun...

Life insurance is part of virtually all family and family office environments. It is utilized for short- and long-term planning, financial security for spouses, estate taxes and family business buy/sell planning. Often not well understood, life insurance can be easily relegated to the “back burner” – with potentially disastrous results. Auditing th...

From big data and network effects to the subscription economy and cloud computing, modern finance is undergoing its most fundamental transformation ever. Today, it takes a data-driven finance leader – someone who understands and embraces the promise and power of technology – to navigate this exciting, uncertain future.We discussed:The technologies ...

What can I do to raise productive, responsible, generous and prepared inheritors or owners? How do I get the rising generation to get involved and engaged in learning so they are ready for their future roles and responsibilities? How do we create programs and a curriculum that everyone will find valuable taking into consideration their different ag...