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Ben Hunt is portfolio manager of the TIG Procella Fund, a long/short equity hedge fund focused on the political, legal, and regulatory events that influence security prices. He is also the author of two books on international politics, including one on the European coalition. We are delighted to have Ben speaking at the 2012 FOX Fall Forum&nbs...

Last week we held the annual FOX Fall Forum in Chicago. Coming as it did in the run up to a U.S. presidential election and with a number of significant tax policy changes looming at the end of the year, a number of sessions dealt with near-term challenges. At the same time, a common theme throughout the three-day event was families taking a long-te...

In 2005, FOX established a Global Family Council (GFC) which meets semi-annually and brings together a group of sophisticated families from 13 countries around the world to discuss wealth management issues and key market trends. Our October 2-3 meeting in London focused largely on risk assessment and long-term strategic planning. That said, we bega...

Family education is one of several building blocks that interlock to support the transfer of family legacy and sustain wealth across generations. When done well, family education results in responsible, engaged family members working together to achieve common goals. Perhaps equally important, it can help individual family members make sense of the...

On November 29, 2012, the Commodity Futures Trading Commission issued a No-Action letter exempting family offices from registration as Commodity Pool Operators. Family Offices that qualify under SEC definition of a family office will be eligible.The new CFTC rule does require that family offices submit a claim for exemption stating that they are in...

Follow effective action with quiet reflection. From the quiet reflection will come even more effective action. -Peter DruckerIn the rush to wrap up 2012, taking time to stop and reflect on the office’s performance can feel like a luxury for which there is no time. Yet 44% of recent FOX Family Office Benchmarking™ participants tell us that they...

Amidst all the doom and gloom of European austerity and the general anxiety about the continent’s future, there is considerable evidence that Europe remains surprisingly well positioned to compete in the global market.For the past three decades, the World Economic Forum has performed a detailed annual assessment of the productive potential of natio...

Educating the next generation may very well be the key to multi-generational wealth sustainability. Education enables family members to be better, more confident decision makers. It allows them to have deeper, more effective discussions with family office executives and external advisors. In addition, when all family members have a strong foundatio...

Wealthy families, single family offices, and wealth advisors continue to live in the long shadows of economic and political uncertainty, as well as generational transitions. If economic uncertainty has been a persistent concern since at least 2008, other macro trends are more dynamic in nature. Political uncertainty—from the fiscal cliff, to taxes,...

It is the fate of almost every fourth-to-sixth generation family: the wealth dissipates as the family grows, unless their culture goes beyond wealth preservation to encourage wealth creation. That means taking informed risks (emphasis on informed). If some portion of the diversified asset pool is directed toward entrepreneurial endeavors, experienc...

Recently, a conversation with a next gen member about leadership succession challenges within her family made me realize how frequently younger family members accept a leadership role only to find themselves overwhelmed by their new responsibilities. I recently asked several industry leaders what advice they’d give someone who is about to step into...

We are pleased to welcome Howard Bragman as a keynote speaker at this year’s FOX Wealth Advisor Forum. Howard is the vice chairman of Reputation.com, an online reputation management organization, and founder of the public relations firm Fifteen Minutes. He is the author of Where's My Fifteen Minutes? Get Your Company, Your Cause, or Yourself ...

Even the best leaders experience growing pains and stepping into a new leadership role within a family enterprise can be an especially challenging experience. In last week’s article, several industry experts shared leadership advice they’d offer the next generation. This week, we hear from three more contributors. Each has their o...

On Friday, April 19, we will be moving to the eighth floor within our current building into a more modern and cost-efficient office. Our office will officially close at noon that day to accomodate the movers. The servers will go offline in the afternoon, disrupting the following services until late Saturday or early Sunday:Listserv will be down. (N...

We are pleased to welcome Dan Schawbel as a keynote speaker at this year’s FOX Wealth Advisor Forum. Dan is the managing partner of Millennial Branding, a Gen Y research and consulting firm that specializes in personal and corporate branding. He is the author of the bestselling Me 2.0: 4 Steps to Building Your Future and the upcoming Promote Y...