About ffoadmin

This author has not yet filled in any details.
So far ffoadmin has created 14 blog entries.

The Rise And Rise Of Celebrity Philanthropy

Celebrity-charity strategic alliances benefit both parties in multiple ways. Very importantly, they provide established as well as fast-tracking entertainers and athletes meaningful opportunities to leverage their current and growing stature to drive support to philanthropic causes they feel deeply about. For non-profits, the benefits of aligning with celebrities can be tremendous. Aside from having the [...]

By |July 18th, 2017|Celebrity, Philanthropy|

The Rise Of Self-Made, Super-Rich Women And Single-Family Offices

While the ranks of the super-rich, people with a net worth of $500 million or more, is dominated by men, women are joining this cohort at a proportionately greater pace. The Forbes 2017 Billionaires List, the biggest and fastest growing ranking since the initiative began three decades ago, included 227 females and 56 of them [...]

By |June 5th, 2017|Single Family Office|

How Professionals Negotiate With Single-Family Offices

There is a boom in single-family offices in the U.S. and throughout the world. They are multiplying in number as well as the amount of wealth they control. Concurrently, the number of professionals that are interested in doing business with them is also multiplying. The logic is simple. Those professionals from wealth managers and lifestyle [...]

By |May 17th, 2017|Uncategorized|

What Is A Perpetual Tourist? (How Never To Pay Personal Taxes)

There are indeed many ways to legally avoid paying taxes. One approach is to become a perpetual tourist, also known as a perpetual traveler. The basic idea is that by not spending very much time in any jurisdiction, a person can legitimately avoid paying taxes and increase personal freedoms. A key aspect of this approach [...]

By |February 20th, 2017|Uncategorized|

Most Family Businesses Mistakenly Lack Formal Asset Protection Plans

There are a number of ways family members can lose their hard earned wealth. One possibility for loss is frivolous lawsuits. Furthermore, they often take a serious psychological toll. A way for family business owners to potentially inoculate themselves against groundless legal actions is by adopting appropriate asset protection strategies. Asset protection planning is the process of [...]

By |February 13th, 2017|Uncategorized|

The Two Biggest Mistakes In Setting Up A Single-Family Office

With the boom in private wealth and the rich getting richer, the number of new single-family offices is keeping pace. A consequence of the boom in single-family offices is that a percentage of them are being setup badly. According to Angelo Robles, founder and CEO of the Family Office Association, “A lot of different types [...]

By |February 13th, 2017|Uncategorized|

Financial Education For Entertainers And Athletes

Malicious or incompetent advisors, neglecting to say “no,” and not grasping the true nature of the business can easily lead celebrities – entertainers and athletes – who have leveraged their talents and drive to create significant personal wealth to lose their fortunes. These same reasons have been shown to adversely affect other entrepreneurs often aligned [...]

By |February 7th, 2017|Uncategorized|

Professional Athletes Often Suffer From Bad Financial Advice

There is a lot of evidence that a majority of professional athletes have severe financial problems including bankruptcy, usually when their sport careers end. There are a number of pronounced reasons for this with getting bad financial advice prominent and often a key contributing reason. Stories of athletes losing lots of money, and even going [...]

By |July 12th, 2016|Uncategorized|

The Downside Of Celebrity

There are considerable benefits to being a celebrity. There is the money, the adulation of fans, and the doors fame opens. There is also the fact that most celebrities are doing something they are very passionate about. At the same time, there are some very significant downsides for celebrities especially as they excel. The following [...]

By |June 27th, 2016|Uncategorized|

Many Professional Athletes Would Be Well Served If They Learned To Say ‘No’

A number of factors can contribute to the financial problems – including bankruptcy – that plague many professional athletes. One of these factors is an inability of the athletes to say “no” to themselves, their family, and close friends. Even though many professional athletes earn substantial monies, a significant percentage end up in serious economic [...]

By |June 23rd, 2016|Uncategorized|