Cultivating Ultra-Affluent Investors
The population of ultra-affluent investors (those with $10 million or more in investable assets) is increasing at a greater rate than other wealth levels. This is creating a huge pool…
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…
The Evolving World Of ‘Money Is No Object’ Medical Tourism
Medical tourism is when people travel to other countries for healthcare services. Traditionally, those in countries with less capable medical care would go to higher-quality healthcare facilities in countries with…
High-Functioning SFOs A Rare Breed
By and large, the very wealthy establish single-family offices to ensure they receive the kind of services and personalized attention they want. Running a single-family office can be a costly…
What Is A ‘Multifamily Office’?
Over the last few years, there’s been an boom in the number and variations of multifamily offices. While industry professionals and the wealthy seem to readily embrace the term, its…
Maximizing Charitable Impact
For many ultra-wealthy inheritors—individuals who have received or are heirs to at least $100 million in assets—philanthropy is both a personal interest and a defining characteristic. But in today’s world…
The Multifamily Office Trend
Building and cultivating a wealthy customer base is an important initiative for many types of professionals, especially those that specialize in addressing the unique needs of the affluent. Whether you’re…
Focus Diversifies, Buys Stake In Flynn Family Office
Focus Financial Partners is diversifying into the family office business with the acquisition of a major stake in New York-based Flynn Family Office, an advisory firm that was spun out…
Life Insurance For Taxes And Retirement
The wealthy often have to confront financial problems by trying to prepare for events far into the future. That’s why advanced planning strategies need to be highly flexible. Quite often,…
Defining The Single-Family Office
There’s a general consensus within the private wealth industry that the number of single-family offices is booming worldwide. More telling, the amount of money they’re controlling is growing at an…