The surge in the population of ultrahigh net worth (UHNW) families has given rise to an expanding family office sector. These affluent families are increasingly turning to family offices to oversee the expansion, security, and intergenerational transfer of their wealth. In the digital age, the integration of technology in family office management is not just […]
Family offices typically favor conservative investments. They aim to balance capital preservation with wealth growth. Yet, recent trends show a shift towards riskier investments for better returns. RBC’s report reveals 77% of family offices view investment risk as their top concern for the next 3-5 years. To manage this, most are turning to third-party experts […]
The landscape for family offices is evolving rapidly, influenced by economic, technological, and generational factors. As we approach the end of the year, family offices must take a proactive approach, re-evaluating their strategies and preparing for the future. Here are five critical areas family offices need to focus on as they navigate the final quarter […]
