Use Outsourcing to Create Your Virtual Family Office

Listen to How to Use Outsourcing to Create Your Virtual Family Office With Evan Jehle from Business Leaders Podcast on Apple Podcasts. https://podcasts.apple.com/us/podcast/business-leaders-podcast/id1229481809?i=1000464783177We have moved. See new address below. Evan Jehle, CPA/PFS Partner FFO 545 Fifth Avenue, Suite 1100

By |March 18th, 2020|Uncategorized|

Surprising Funding Ideas for Your Business

Russ Alan PrinceVIP CONTRIBUTORPrivate Wealth Consultant Opinions expressed by Entrepreneur contributors are their own. Mastermind and CEO groups have long been popular among driven entrepreneurs seeking to learn new strategies and ideas for improving their operations. Read More...

By |August 29th, 2019|Uncategorized|

How Pro Athletes Can End Up Losing Their Wealth

Russ Alan Prince VIP CONTRIBUTOR Private Wealth Consultant What do baseball’s Curt Schilling, boxing’s Mike Tyson, football’s Bernie Kosar and basketball’s Allen Iverson have in common? In addition to being former professional athletes who were stars in their respective sports, they all made and lost personal fortunes. Read More...

By |April 10th, 2019|Uncategorized|

Single-Family Offices Clandestine Investments In Private Companies

By Russ Alan Prince A pronounced and growing tend is that single-family offices and the super-rich are increasingly directly investing in privately held companies. According to Angelo Robles, founder and CEO of the Family Office Association and author of Effective Family Office, “Sometimes single-family offices are teeming up with other family offices in the form of ‘club deals.’ At the same time, [...]

By |May 14th, 2018|Uncategorized|

In 2018 Business-Savvy Trusts And Estates Lawyers Have Two High-Class Problems

Article by Russ Prince In 2018 just about all the professions serving high-net-worth clients are going to experience a remarkable boom. Wealth managers, private bankers, and certainly trusts and estates lawyers will have the opportunity to make this year one of the best they ever had. Systemic changes, such as the explosive growth in personal [...]

By |May 11th, 2018|Uncategorized|

Touring Plus Elite Wealth Planning Equals Wealthier Star Musicians

Russ Alan Prince VIP CONTRIBUTOR Private Wealth Consultant Live performances are becoming increasingly core to the revenues of many star musicians. Musicians can use various wealth planning strategies when touring to mitigate some of the risks and potentially result in greater personal wealth for them. Read More...

By |May 7th, 2018|Uncategorized|

The Importance Of Prenuptial Agreements For Children Of Wealth

Article by Russ Alan Prince While the great majority of people go into marriage thinking, “This is it,” sometimes it turns out to be “it” and then it “isn’t.” When the children of wealth marry, most times they are reticent about raising the issue of prenuptial agreements (prenups) unless the concept was part of their [...]

By |May 3rd, 2018|Uncategorized|

The Growing Appeal Of Private Placement Life Insurance (PPLI)

Article by Russ Prince Private placement life insurance is the most transparent life insurance structure. It can also be exceedingly cost-effective with the ability to mitigate or eliminate the financial drag of taxes. According to Evan Jehle, partner at FFO Business Management & Family Office, “Private placement life insurance for the rich and super-rich can be an excellent way [...]

By |April 27th, 2018|Tax, Uncategorized, Wealth Management|

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|