Register for FamilyWealthReport today
Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes
Latest News
Franklin Templeton Outlines Key Issues To Be Tackled At COP28
As the United Nations Climate Change Conference starts in Dubai this week, with an early breakthrough made on the climate disaster fund, Craig Cameron, portfolio manager of the Templeton Global Climate Change ...
OPINION OF THE WEEK: UBS Billionaire Data Gives Lessons
An annual report about the nature of billionaire wealth around the world should jolt firms into ensuring that they capture inherited wealth as well as recognizing that there's a possible problem in the pace of e...
US Investment House GQG Targets Middle East
Joining other investment firms in expanding their presence in the Middle East,GQG Partners has announced the establishment of a new investment hub in the Abu Dhabi Global Market. ...
Confronting Misconceptions: How To Use AI Responsibly
Artificial intelligence has been, outside of geopolitics, arguably the dominant technological topic of 2023, even putting ESG investing into the shade to some extent. There remain worries about what AI means for...
HSBC Smiles On Quality Bonds In 2024
HSBC Global Private Banking has just published its investment outlook for the first three months of 2024. ...
Inheritors Overtake Creators As Billionaires – UBS Study
For the first time in nine editions of the report, billionaires have accumulated more wealth through inheritance than entrepreneurship, indicating that the great wealth transfer is gaining momentum. ...
Who's Moving Where In Wealth Management? – Raymond James
The latest moves and appointments in wealth management in the Americas. ...
New Wealth Management House Launched
Two firms are joining forces to launch a new wealth management business. ...
Morningstar Wealth Favors Bonds In 2024
Morningstar Wealth published its 2024 outlook this week, with insights from Dan Kemp, global chief investment officer at Morningstar Investment Management, and Preston Caldwell, chief US economist at Morning...
NextGen Wealth Advisors Are Chilled About AI
A wealthtech firm has surveyed younger advisors and finds that while they are not complacent, they are not suffering sleepless nights about artificial intelligence. In fact, they see it as a boost for their oper...
Renowned US Investment Figure Charlie Munger Dies, Aged 99
Munger's influence on investors spread far beyond the shores of the US. A business partner with Warren Buffett, his achievements and commentaries are part of the folklore of the investment industry. ...
Deals Of The Day: The Latest In Wealth Management M&A – Creative Planning, Daniels + Tansey
The latest mergers, acquisitions and other corporate actions in the wealth management sector. ...
Rockefeller Philanthropy Advisors Launches “Reimagined Philanthropy”
The US wealth management organization has issued a publication giving guidance on philanthropy which coincides with the traditional "Giving Season." ...
Sandalwood Has Family Office Mindset In Its DNA
There's much talk these days in wealth management about the importance of "alignment" of interests. This news service talks to a US family office, built from an investment business that provides investments for ...
Award Winners
WealthTalk - Awards Videos
Wize By Teamwork's Central Application Supports Growth
Duration: 0.00m
WealthTalk - From The Editor’s Desk Videos
WEALTH TALK: Succession Planning: How To Preserve Wealth For Next Generation
Duration: 0.00m
Guest Articles
The Vital Role of Specialists for Family Offices, HNW Advisors: Navigating The Landscape
This is the fifth in a series of articles about healthcare and health management increasingly intersecting with wealth management. ...
Unlocking The Value: Art Appraisal For Gift And Estate Tax Matters
The development of art as not just a form of personal enjoyment and expression, but as a significant asset class, has tax, structuring and estate planning implications. Although the author of this article examin...
The Importance Of Scheduling Preventive Screenings, Check-Ups For HNW Individuals And Family Offices
This is a fourth in a series of articles about healthcare and health management increasingly intersecting with wealth management. ...
Sponsored
Family Offices Professionalize Further To Align With Family Needs
Ultra-high net worth families expect more than ever from their family offices. Amid intensifying demands and external challenges, many family offices are adding further structure to their approach. ...
New Model Client Platforms – An Examination
The following article examines, in a thematic way, the ways that new model client platforms should be viewed, such as their ability to handle complexity, security, reporting and other challenges. ...
What’s Top Of Mind For Some Of The World’s Leading Family Offices?
Citi Private Bank gathered leading family offices from around the world – representing $434 billion in wealth – to hear cutting-edge insights, share experiences and build connections. Here is an article with...
Register for FamilyWealthReport today
Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes
Comment and Analysis
“Our research-driven features explore the most relevant topics for wealth managers, ranging from how technology shapes the industry through to which international financial centres make the largest impact. Our editorial and research teams draw on deep experience to bring readers the insights they need to drive profitable businesses in a fast-changing world.”
Commercial Real Estate Outlook, Deals, and Risk for Family Offices
Here's an overview of discussions held at this publication's recent family office investment summit. The authors are David Wieland and James Brunger. ...
India’s New Growth Drivers
This article examines the ingredients of India's rise as an economic and business power, and the investment case that this gives rise to. ...
Families Who Fail To Spend All Their Time On Power – In Conversation With Jay Hughes
In this wide-ranging interview, FWR talks to an author of a book on family dyamics and ways to frame them. It covers reflections about the politics of families, the roles that members play in taking difficult de...
Pitcairn And Predicament Of The Mid-Sized MFO
The sector of multifamily offices is a highly developed one in the US. It is a business area that has competitive challenges in a world of changing technologies and client expectations. Our US correspondent exam...
Sparing No One: Cross-Border Taxation of Globally Mobile Individuals - Part 1
This is the first of a highly detailed examination of cross-border tax issues for individuals living overseas and often using multiple jurisdictions ...
How Wealth Managers Can Support EDI Objectives Through Asset Manager Selection
The authors of this article consider the challenges caused by the "racial wealth gap" and how investors have the chance to close it in credible ways. ...
Research Reports
“We’re lucky to have an unparalleled network among the industry, encompassing the most senior executives along with those on the front line across all its segments. This allows us to delve deeply into every issue affecting the wealth industry and also to drive the discourse on key strategic issues.”
Tech Traps Wealth Managers Must Avoid 2023
The latest edition of our regular "Tech Traps" reports. ...
New Research: An Update On Family Office Efficiency In Accounting, Investment Analysis
This news service is joining forces again with FundCount to examine how technology is making family offices' work processes more efficient and effective. ...
Tenth WealthBriefing Tech & Ops Trends Report
Here is our 2022 Technology and Operations Report, a regular overview of the trends affecting the wealth management industry and the technology that it uses. ...
The Bahamas And Resilience Through Testing Times – Latest Report
This is a mini-series on The Bahamas Financial Services Industry. ...
An Overview From EY On Tech Traps Facing The Sector
EY has once again partnered with this publication on our must-read annual report "Technology Traps Wealth Managers Must Avoid." Here, two of its senior consultants highlight key issues for decision-makers to con...
New Research Explores ESG And Family Governance Models
WealthBriefing and Jersey Finance have teamed up to survey and interview family governance experts internationally to discover how sustainability and ESG priorities are playing out in the UHNW space. ...
Article Categories
Alternatives
Asset Management
Art Wealth Management
Client Affairs
Compliance, Legal and Regulation
ESG
Family Office
Financial Results
Fund Management
Investment Strategies
Islamic Banking
Market Reports
New Office
Offshore
Philanthropy
Products
Strategy
Surveys
Tax
Technology
Trusts and Estates
UHNW Institute
White Papers
Emerging Markets
M&A
Commercial Real Estate Outlook, Deals, and Risk for Family Offices
Here's an overview of discussions held at this publication's recent family office investment summit. The authors are David Wieland and James Brunger. ...
Big Trend On Campus – The Rise And Resilience Of Student Housing
The writer here gives an upbeat view on the case for investing in student housing. ...
EXCLUSIVE: Focus On Private Equity, Evergreen Portfolios – Hamilton Lane
Brian Gildea, managing director and head of evergreen portfolios at private equity firm Hamilton Lane shares his insights into whether private equity and other private market alternatives can tap into the high...
How "Evergreen" Approach Wins Friends For Private Markets
There appears to be something of a trend towards "perpetual" or "evergreen" fund structures that are designed to surmount some of the obstacles for more traditional forms of private market investing. ...
Getting Deep Into Real Estate Credit At Palisades Group
One of the presumed takeaways from the 2008 financial crash was the need for lenders, if they are wise, to have a firm grasp of the fixed income assets they originate and service. A US firm that specializes in t...
US Real Estate Wealth Manager Unveils Enhancements, Sees Big Potential
FWR talks to the business, overseeing about $1.5 billion of property assets, about how the sector is ripe for the kind of asset management techniques and approaches that have been working in the equities and bon...
How Wealth Managers Approach Thematic Investing
This article examines the topic of thematic investing, an approach portfolio managers use for choosing assets with certain shared characteristics that drive returns. ...
ETFs Driving Custom Benchmarking Boom
The range of indexes that track markets, themes and specific sectors continues to mushroom. New forms of financial engineering give wealth managers new ways to tap into a business area, and customized benchmarks...
Asset Managers Flex Muscles In Share Voting Season
There have been calls to improve transparency and the way shareholders participate in the proxy voting season as social and governance issues take on new urgency. ...
How Sustainability Is Redefining Asset Management
Sustainability has undeniably been the buzzword of 2019. This guest piece from the strategy team at Liquidnet examines the appetite for ESG and where the challenges lie. The author notes that in Europe alone, la...
What Does The Risk Of No-Deal Brexit Mean For Investors? RBC Commentary
RBC Wealth Management's head of investment strategy comments after an extraordinary week in Westminster. ...
Private Investments: Three Things To Consider Before Joining The 40 Per Cent Club
The 40 per cent club refers to institutions with 40 per cent of total portfolio allocation committed to private investments. They do this for good reason argues Cambridge Associates' managing director, and more ...
Web 3.0: Planning For Art NFT Collectors
NFTs are popular in applications which require unique digital items, including crypto art, digital collectibles and online gaming, where some guarantee of authenticity and ownership history adds value. As far as...
Online Art Auction Growth Here To Stay - Citi Private Bank Study
The fine art auction market can act as a temperature measure for how high net worth and ultra-HNW people feel about the state of the economy and their own finances. Growth of online art auctions has increased ra...
Donating Tangible Assets: Alternatives To Selling Art, Collectibles - Part Two
This second half of a two-part article examines ways of transferring art without actually selling it, in order to reduce tax liabilities and retain art within a family or some kind of structure enduring beyond t...
Donating Tangible Assets: Alternatives To Selling Art, Collectibles - Part One
This two-part article examines the ways of transferring art without actually selling it, in order to reduce issues around tax and also to retain art within a family or some kind of structure enduring beyond the ...
The Art Market: What Has Changed, What Should Stick
The pandemic offers art world players a chance to make big industry changes. This view, from a long-time collector, marks a fresh look at this important asset class for coverage in August. The last few months fo...
Managing the Family Art Collection As A Family Business
The author of this item, an expert on fine art and investment, argues that just like a family business, every family collection needs management both for itself and in order to share it with the outside world. ...
When Financial Storms Build, Consider Excess Deposit Bonds
Many wealthy people want to park their wealth in financial institutions to ride out market storms, but there are risks to this option. What tools exist to give peace of mind? ...
Advising Clients On New Asset Classes, Advanced Planning, And Philanthropy
With so many financial market changes, planning challenges and complexity around investment, there's only so much one can expect from ultra-high net worth individuals' in their ability to learn their way through...
WEALTH TALK: Cross-Border Financial Products, Services - Examining The Risks
This is the eighth edition of a video series by this news service in partnership with international law firm, Kobre & Kim. ...
WEALTH TALK: Anti-Corruption Probes, Extradition Risks In Africa
This is the seventh edition of a video series by this news service in partnership with international law firm, Kobre & Kim. ...
WEALTH TALK: Exploring Cross-Border Reputation Management
This is the fifth edition of a video series by this news service in partnership with international law firm, Kobre & Kim. ...
WEALTH TALK: Focus On Tax, Estate Planning Scramble Pre-US Elections
In this video, we discuss the kind of workload US wealth managers must contend with in the days ahead of the US elections on Tuesday next week. ...
Learning The Legal Lessons From “Succession”
In this detailed analysis of legal questions generated by the HBO television drama, law firm Squire Patton Boggs walks readers around the issues. ...
The FTX Collapse: The Lessons
The author of this article argues that the failures with FTX are little to do with regulation or lack of it. Without proper controls, management integrity and attention to detail, most businesses will fail event...
The Pandora Papers One Year On – Lessons, The Way Ahead
The author of this article argues that however much anger is justified at those who stash illicit funds in various financial centers, that does not excuse law-breaking by those claiming to expose wrongdoing. Onc...
A Walk Around The World's Regulatory Landscape
This news service speaks to BNY Mellon Pershing, a business with considerable interplay with compliance and regulatory issues around the world. ...
Choosing Your Estate Attorney – Part 2
This is the second half of a two-part article looking at the process of hiring an estate attorney and why it is so important to get this right. ...
Wealth Managers Can't Relax As Gensler's SEC Marches On - Baird
One of the top men at Baird, the US wealth management house, recently spoke to FWR about his thoughts on what the Securities and Exchange Commission's new boss means for wealth managers and the regulatory landsc...
Pushback Against ESG: Collective Action Or Collective Suicide?
The supposedly remorseless drive against carbon-based energy toward areas such as wind, solar, hydrogen, biomass and other sources has, among other events, been interrupted by Russia's squeeze of gas exports to ...
Wealth Industry's Force For Environmental Good Accelerates
We talk to an investment firm at the cutting edge of putting money to work in businesses that cut the use of carbon and promote a cleaner planet. ...
Pricing Carbon: What Are The Options?
Putting a price on carbon emissions makes polluting energy sources expensive and provides an incentive for emitters to reduce them. That's the theory. What it looks like in practice is assessed by the head of in...
EXCLUSIVE: LNG – A Growth Driver For Three Groups Of Single Family Offices
Demand for liquified natural gas, aka LNG, is high amidst a global energy crisis, magnified by Russia's attempted conquest of Ukraine and the aftershocks of the pandemic. We look at family offices that are tappi...
The Essential Tool That Family Offices Ignore
It’s no secret that private banking, which includes credit and lending services, is an essential tool for those who wish to preserve their wealth. So, why are family offices behind on adopting these useful str...
Single-Family Offices' Tech Shyness – How To Overcome It?
For all kinds of reasons, single-family offices have not rapidly embraced technology, although Covid-19 has jolted some into action. We talk to a variety of individuals about the market. ...
Single-Family Offices Fret Over Transparency, Data Demands – EY
The pace of regulatory change continues to change and with it demands – not always wise – for ever more transparency and disclosure. Family offices around the world are finding the process increasingly conc...
EXCLUSIVE: Europe And North America – Single Family Offices Compared
The extended coverage of single family offices on the database of Highworth Research – an organization working with Family Wealth Report – throws up all kinds of useful data points for people tracking the se...
Charting Family Offices' Needs
What should family offices do in-house and what should they outsource? Should certain families create these structures at all, or choose another course? And what do different generations want, and need help with...
Goldman’s RIA Sale: Can Mallouk Succeed Where Solomon Failed?
Goldman Sachs said yesterday that it is selling its Goldman Sachs Financial Planning business to Creative Planning for an undisclosed sum. Given its past move on United Capital Financial Advisers back in 2019, o...
Round-up Of Quarterly Wealth Management Financial Results
Here are the main quarterly results for major banking groups around the world so far in the latest results season. The results focus on the wealth management sides of banks....
EDITORIAL ANALYSIS: Will Funds Woo HNW Clients In Tough Times?
The drop in markets this year and prospects for sluggish growth even after lockdowns end will create a new environment for fund managers who in the past have sold their wares across a range of client groups. In ...
Q&A: Pioneer On Why The Insurance-Linked Securities Market Deserves Some Attention
Here is a Q&A with Pioneer about its insurance-linked securities fund and why it may appeal to the high net worth sector. ...
Springtime Is Here For Global Fund Managers But Inflation, China Are Worries - Merrill Poll
...
Fund Companies: Few Clients Trust Them
Few American consumers trust their primary mutual fund company or believe it’s an especially good money manager, according to a survey from ......
Swiss Pension Funds Not Subject to US Tax on US Dividends
In a Competent Authority Agreement (“Agreement”) between the Swiss and United States tax authorities, issued 10 December 2004, the question ......
Understanding New SEC Hedge Fund Rules
On December 2, 2004 the US Securities and Exchange Commission issued, after a considerable delay, its formal written release (the “Adopting ......
Welcome To The Multi-Stage Life
What are the investment and wealth management implications of a longer lifespan and what has been framed as a "three-stage life"? This article, from Morgan Stanley, considers the picture. ...
Hidden Cash In Portfolio Hampers Returns: What Clients Are Doing – Part 2
"Hidden cash" can be a problem – for example money market funds held inside investment accounts. Investors and advisors might not fully understand how much of this cash exists, its impact, and what to do about...
ESG Investment And Arms – How Ukraine Changes The Conversation
ESG investors might once have assumed that weapons were off-limits, and divested from stocks of firms making fighter jets, guns and missiles. But as the Russian attempted conquest of Ukraine shows, weapons used ...
Behavioral Finance’s Next Step To Going Mainstream
The investment approach shaped by ideas about behavior and how humans actually conduct themselves is becoming more a part of the regular wealth sector conversation. Controversies and questions remain. ...
Investing Amid Stagflation: US Wealth Managers' Perspectives
US wealth managers have a lot to absorb with geopolitical worries, inflation, a shrinking economy and demands from investors for returns. We talk to three organizations about their views on everything from bond ...
How The Pandemic, Inflation And China Will Affect Financial Markets
Putting investment returns on the table at a time when inflationary pressures - and higher interest rates from historically low levels - are a concern, is going to take more work. This news service reports on co...
Tech Traps Wealth Managers Must Avoid 2023
The latest edition of our regular "Tech Traps" reports. ...
New Research: An Update On Family Office Efficiency In Accounting, Investment Analysis
This news service is joining forces again with FundCount to examine how technology is making family offices' work processes more efficient and effective. ...
Tenth WealthBriefing Tech & Ops Trends Report
Here is our 2022 Technology and Operations Report, a regular overview of the trends affecting the wealth management industry and the technology that it uses. ...
Family Offices Gradually Fall More In Love With VC
A report casts its eye over how family offices around the world approach venture capital. Such organizations are often thought of as holders of "patient capital", making them logical partners for VC as an asset ...
Family Offices Remain Overwhelmingly Male-Dominated - Study
The family office industry remains male-dominated, but those who work in it aren't perhaps as old as might be assumed. A new report seeks to illuminate the population characteristics of people who toil in the in...
Can SPACs Work In The RIA Market?
The number of special purpose acquisition companies entering the market has risen by more than four times this year. These entities provide buyers with a low-cost entry into the vehicle and the stakes become a l...
The Bahamas And Resilience Through Testing Times – Latest Report
This is a mini-series on The Bahamas Financial Services Industry. ...
Reflections On Pandemic's Impact On IFCs: View From The Cayman Islands
As part of a set of articles looking at how offshore centers have tried to cope with the pandemic and how this frames their status as wealth hubs, we talk to Ogier, the international law firm. ...
Pandora Papers: The Rich Are Back In Firing Line
Entrepreneur and surveyor of public attitudes toward wealth, Dr Rainer Zitelmann, takes aim at the latest "leak" of masses of data from firms catering to high net worth individuals. He argues that the affair sho...
Offshore Centers Look Back, Forward In Uncertain Times
We talk to industry figures in various IFCs in Europe to ask how international pressures and the global pandemic have shaped business and strategy. ...
The Bahamas: The Clear Choice For International Financial Services
Here is the 2021 edition of a report about The Bahamas, prepared in partnership with The Bahamas Financial Services Board. ...
New Wealth House Serving US Expats Explains Investment Angle
UK-based Shard Capital created a new service a year ago for US expats. The business has a very particular view about risk, asset allocation and investment, and talked recently to this publication. ...
CAF American Donor Fund Explains Transatlantic Philanthropy Model
A donor-advised fund that gives a dual-qualified solution for UK and US clients has spoken to this news service on its journey, how it works and its model. ...
Asset Allocation For Philanthropists Gets Tough
Rising inflation, falling stock markets, pleas for help and donors' own financial constraints mean that charities' coffers are strained. How should asset allocation and liquidity be managed at such a time, or sh...
Supporting The Rising Generation Of Philanthropists – Thoughts On "Giving Tuesday"
The author of this article sets out approaches that a rising generation of philanthropists can use to make the most of their goals in the years to come. ...
Philanthropy For Testing Times – How Donor-Advised Funds Are Working
Here are more thoughts from those in the philanthropy space about how markets and requests for aid are affecting the landscape. ...
Tough Markets, Increased Pleas For Help – Challenges For Philanthropy
Philanthropists have a lot to contend with this year: a period of falling market values that hit assets, a potential squeeze on donations as people watch their finances more closely, and rising requests for help...
Movement Building And The Rising Generation Of Wealth
The author of this commentary argues that movements will continue to have a strong audience with young people who receive their social and philanthropic education through voices in media that resonate with their...
Back To School: Columbia University's New Wealth Program
It is the first time, its framers say, that an Ivy League university has developed a program of this kind. It also plays to a theme of how talent management and development is a key area for the industry at a ti...
EXCLUSIVE INTERVIEW: Healthcare Entrepreneur Solicits Family Offices, Others, To Finance Remuneration Revolution
A complete change in how healthcare professionals such as physicians are paid is part of how the US will wrestle with surging costs, an entrepreneur and veteran of the sector argues as he taps family offices and...
Interview - Cheap Valuations Look Tempting In Argentina
Argentina has been through difficult economic times but it is still the second biggest LatAm economy and there are signs that developments are turning more positive, an investment firm argues....
Families Who Fail To Spend All Their Time On Power – In Conversation With Jay Hughes
In this wide-ranging interview, FWR talks to an author of a book on family dyamics and ways to frame them. It covers reflections about the politics of families, the roles that members play in taking difficult de...
Pitcairn And Predicament Of The Mid-Sized MFO
The sector of multifamily offices is a highly developed one in the US. It is a business area that has competitive challenges in a world of changing technologies and client expectations. Our US correspondent exam...
Helping Advisors Ride Wave Of Change Amid M&A, Breakaways
We talk to a firm that makes a point about its consulting work for wealth managers as well as a "hybrid RIA" and platform for advisors. ...
The Wealth Spiral – How To Stop It
A newly-enriched person can face an upward "spiral" of wealth – and the responsibilities that come with it – that can be daunting, precisely because it is novel. What advice should such people seek? ...
BOOK REVIEW: In Defence Of Capitalism, By Rainer Zitelmann
While unlikely to sway those already hostile to the free market economic system, this book puts a stack of facts and figures in front of those who, perhaps because of their public roles in driving debate, could ...
An Integrated Model: How "AITi" Moves Forward From Tiedemann-Alvarium Merger
One of the top figures at the merged MFO business said the merger of the two is a full integration – the firm isn’t interested in just buying businesses and leaving them largely alone. ...
Millennials' Financial Habits Revealed – And Why They Need Advice
A study by Ameriprise Financial found that Millennials are more likely to transfer money to charity during their lifetimes, raising questions about whether they're thinking hard enough about long-term financial ...
Summary Of Wealth Management-Related MBAs, Post-Grad Courses - Updated
There is much talk in the wealth industry about the importance of talent management but what institutions work to develop the skills and aptitudes? Here is a list from organizations around the world. ...
COVID-19 Hammers Billionaires, Some Escape Downdraft – Report
The market slump has wiped hundreds of billions from the portfolios of the world's richest men and women. A study from Asia shows that among the handful who bucked the trend, all of them were from China. ...
Emerging Millionaires: An Opportunity For Advisors - But Expect A Change In Demographics - Survey
An alarming 77 per cent of those on the cusp of entering millionaire territory don’t have a written financial plan, while a similar percentage aren’t confident in their ability to invest, a new study shows. ...
Advanced HNW Planning Benefits "Negated" By Outdated Estate Plans - New Study
Three-quarters of estate plans relating to HNW clients are at least three years old, yet an overwhelming 95 per cent of these clients have experienced “significant changes” since the plans were drawn up, a n...
What The Wealthy Are Holding - Tiger 21 Reveals Member Asset Allocations
While the worst of the financial crisis may be over, members of the exclusive Tiger 21 peer-to-peer network feel “we are no way in the clear,” according to their asset allocations for the first quarter. ...
Sparing No One: Cross-Border Taxation of Globally Mobile Individuals - Part 1
This is the first of a highly detailed examination of cross-border tax issues for individuals living overseas and often using multiple jurisdictions ...
Focusing On Fundamentals: Three Tax Strategies For 2023
The following commentary about tax planning comes from Bessemer Trust, the multi-family office. ...
California's Proposed Non-Grantor Trusts Crackdown Will Backfire Badly – Advisor
FWR talks to a wealth advisor in the Golden State about proposed changes to the taxation of out-of-state trusts. The change could, the advisor says, drive even more affluent citizens from California and shrink t...
Mitigating Tax Hikes, Creating Alpha With Cash Value Life Insurance - Part 2
This is the second half of an article setting out what the author says are the tax and value-building qualities of life insurance in the various forms in which it operates in the US. ...
Mitigating Tax Hikes, Creating Alpha With Cash Value Life Insurance - Part 1
This is the first half of an article setting out what the author says are the tax and value-building qualities of life insurance in the various forms in which it operates in the US. ...
Retroactive CGT Impact Thwarts Some Client Moves - Rockefeller
A continued theme from this and other conversations with wealth managers is how clients should not let "the tax tail wag the investment dog." ...
Protecting Clients, Firms In Age Of AI And Proliferating Tech
As we continue to examine the theme of "protecting the client," FWR talks to a large US wealth manager and lawyers in Asia about their views on AI, cybersecurity, and ways to protect firms and their end-clients....
Space Tech's Investment Case Is Increasingly "Normal"
In a wide-ranging conversation, we talk to a lawyer with strong investment connections about spacefaring, Elon Musk, satellite costs and the wealth management attractions of space. ...
Family Office Members Want Fast Data – Time To Step Up Pace
Shortly after launching a new app designed to give family office clients faster access to their net worth and other financial information, we talk to Eton Solutions about what it sees as the state of the family ...
Wanted: “All Rights Reserved” For NFTs
Non-fungible tokens are all the rage, and they are a talking point in areas such as the art world. But what about the intellectual property protections for NFTs? How robust are they, how do they work, and what n...
An Overview From EY On Tech Traps Facing The Sector
EY has once again partnered with this publication on our must-read annual report "Technology Traps Wealth Managers Must Avoid." Here, two of its senior consultants highlight key issues for decision-makers to con...
Crypto Assets, Distributed Finance And Wealth Managers' Menus
Family offices, private banks and wealth managers are considering using the infrastructure of digital assets to run their businesses, or investing in them to make money. ...
A Walk Around The US Trusts Toolkit – In Conversation With Arden
Arden Trust Company, which has existed in its current guise since a corporate spin-out in 2019, works with clients to offer a range of different trust structures. We took the chance to ask the firm how concerns ...
Special Needs Trusts: Protecting The Whole Family With Wealth Planning
The authors of this article argue that trustees of special needs trusts should have a deep appreciation of the circumstances and aspirations of the beneficiary. ...
What Many People Don’t Know About Power Of Trusts
The author writes that regardless of current uncertainties there remains a suite of planning opportunities and techniques that can make trusts and estate plan far more effective. ...
When Should An Elderly Person Stop Driving?
The author of this article examines an issue that seems both mundane but also significant – when is it time for an older person to stop driving, and how can family members direct this conversation? The issues ...
Can I Leave My Truck To My Dog?
The author of this article argues that pet owners should act to have someone care for their animals after the owner dies or is incapacitated. And people should consider alternative ways to provide for pets, and ...
What's In Your Wallet? – Estate Planning For Cryptos, Tokens
How should assets such as bitcoin and NFTs be handled when it comes to estate planning and wealth transfer? How does modern technology affect the kind of considerations that advisors have wrestled with for decad...
RIAs' Digital Revolution Has Barely Begun - White Paper
There has been a lot of commentary recently about how wealth managers are having to embrace digital technologies of all kinds to stay relevant. A year ago, a study found the changes were not that far advanced. G...
Understanding The Psychology Of The Super-Rich
An academic and investor is exploring the psychological drivers of entrepreneurship and wealth. Here are some of his thoughts. ...
Smart Strategies For Growth: A Study Of The UK Wealth Management Industry
Smart Strategies for Growth: A Study of the UK Wealth Management Industry has now been launched, a whitepaper produced by WealthBriefing, in partnership with SS&C Advent. ...
Q&A: Learning From The Industry's Growing Group Of "Super-Ensemble" Advisory Firms
A group of around 250 "super-ensemble" firms, those with over $1 billion in AuM, are setting new standards for the advisory industry, according to a new report. This publication looks at what have been described...
Issues Will Always Exist In A Family Business – White Paper
A new white paper, Issues Will Always Exist in a Family Business: Tackling Them Is the Real Trick, outlines the issues and opportunities the Myers family is tackling in the journey to build and maintain their le...
Investors’ Attraction To The Asian Consumer - Rockefeller White Paper
A white paper published by Rockefeller Financial concludes that investors cannot ignore the ongoing trends of urbanization and wealth generation in Asia and the investment opportunities they create. ...
In Conversation With Authors Of "Wealth 3.0: The Future Of Family Wealth Advising"
There is a new way of thinking about wealth, its responsibilities and challenges that advisors must embrace, so the authors of a new book argue. One of FWR's regular contributors talks to the authors of "Wealth ...
Does Your Firm Really Offer Integrated Family Wealth Services?
What is the value of "integration" in a family office, why does it matter, and how do we know if it has been achieved? This topic is discussed by two experts in the family offices industry and the business of se...
Family Office Solutions For Physical And Health Issues - UHNW Institute White Paper
Families often need to be supported so they can work through complicated medical and psychiatric problems, and handle sometimes fraught conversations when problems arise. The author of this White Paper sets out ...
UHNW Business Models: The Registered Investment Advisor
This article delves deep into the business model of the Registered Investment Advisor, exploring what should be its defining qualities and some of the associated controversies. It is part of a series of analyses...
The Evolving World Of Broker-Dealer Platforms
In this latest exclusive commentary from the UHNW Institute, author Bill Woodson considers what is happening in the broker-dealer space. ...
A History Of Wealth Management - UHNW Institute
The authors of this article for the UHNW Institute set out a narrative of how US wealth management came to be what it is today. ...
India’s New Growth Drivers
This article examines the ingredients of India's rise as an economic and business power, and the investment case that this gives rise to. ...
Chinese IPOs In US Boom, But Regulatory Frictions Loom - Editorial Comment
Ironically, information about the boom time in US-listed IPOs of Chinese firms coincided with reports of how the SEC, along with other parties, is wrestling with Chinese firms and policymakers over disclosures a...
RIA Mergers And Acquisitions Dip In Q1, Halcyon Era Of Overbidding Cooling Off
The business of wealth management M&A in North America has changed from the frenetic pace of recent years, with rising interest rates and other forces playing a part. This article examines data on transactions a...
Schwab, Family Wealth Alliance Say Marriage Was Logical Step
After yesterday's report that Charles Schwab has agreed to buy Chicago-based Family Wealth Alliance, we talk to both parties about the deal. ...
What’s Wrong With Envestnet, Goldman Sachs And CI Financial?
Family Wealth Report's US correspondent Charles Paikert takes a hard look at three firms that have been through big changes and M&A decisions, and talks to industry figures about how their strategies are working...
Why Mercer Advisors Is The Leading RIA Acquirer
Mercer Advisors has been by far the most energetic acquirer of wealth management firms over recent years. US correspondent Charles Paikert talks to experts on what is driving the business's strategy, and why it ...
M&A Decline: New Trough Or Brief Bump?
There has been a notable drop in mergers and acquisitions involving registered investment advisors; we ask a firm tracking trends in the space whether this is the start of a bigger trend or a temporary halt to w...
RIA Mergers, Acquisitions At Mid-Year - State Of The Market
There's no reason, wealth industry figures say, why there won't be more busy M&A activity affecting the RIA space. So far this year there has been a burst in transactions, then a drop, followed by a recovery. Wh...