Today's Family Offices Pulse
Family Offices Get Free PPLI Webcast on May 28
Family Enterprise USA and Winged Keel Group will host a free one‑hour webcast on May 28, 2026 to demystify Private Placement Life Insurance for affluent families. The session, led by Winged Keel CEO Eric Naison‑Phillips and Principal Mark Richards, will cover investment options, the insurance component, and integration with broader wealth plans.
A Tale of Two LPs
Two family offices are taking opposite stances on venture capital exposure. One is sharply scaling back, limiting VC commitments to under 2% of its total assets, while the other is increasing its stake to roughly 12% of its portfolio. Both approaches are driven by differing assessments of risk, liquidity needs, and the potential for outsized returns in a volatile market. The article explores whether these divergent tactics can both be justified in today’s fundraising environment.
Wealth Surge Forces Family Offices to Evolve Rapidly
Here's the deal - the surge in global wealth isn't just making more people rich, it's changing everything when it comes to managing money. Family offices are not only getting bigger, they're also changing fast. The old ways no longer...
Lawyer Designs Protection; Fiduciary Ensures Real‑world Execution
A lawyer structures the protection. A fiduciary makes sure the strategy actually works in the real world: — Assets — Real estate — Liquidity — Risk
Anthropic’s Secondary‑Market Valuation Hits $1 Trillion, Surpassing OpenAI
Anthropic’s secondary‑market price on Forge Global surged to roughly $1 trillion, eclipsing OpenAI’s $880 billion valuation. The spike reflects feverish buyer interest, limited supply of private‑company shares, and a broader shift in venture capital appetite toward AI startups.
Dynasty Teams with Ester for AI‑Powered Estate Tax Insights
Dynasty Embeds https://t.co/33aR1yzWFH's Ester to Deliver AI Estate and Tax Intelligence to Advisors First external partner contributing dedicated agent to Dynasty's AI suite. Ester analyzes estate plans, accounts, documents, notes, emails, CRM data → generates tax + trust insights for advisors....
Ultra‑Wealthy Use Debt and Timing to Slash Taxes
"Tax deferred is tax reduced" Today, we’re looking at the tax secrets of the ultra-wealthy > Why they borrow instead of sell > How jurisdiction becomes a strategy > The steps at death that can reset a lifetime of gains > Why losses are assets >...
Bolt Ventures Is Fast Becoming the Family Office with the Most Sports Assets
Bolt Ventures, the U.S. family office controlled by investor David Blitzer, is rapidly emerging as the family office with the largest portfolio of sports assets. The firm now owns stakes in multiple professional teams across the NHL, NBA, and European...
Longevity Market Set to Outpace AI at $8 Trillion
The rise of the longevity family office UBS projects an 8T global longevity market (surpassing AI as the largest category) 🔗https://t.co/Tp7fKl68VS Echoes what I'm seeing through longevity consulting and speaking at family office summits👨⚕️ 🔗https://t.co/TxbwLaEbmk | @Longevity_Inv
Crypto Needs Trusts and Insurance Like Traditional Assets
For traditional assets, family offices have structures in place. For crypto, most people hold it in their personal name because their advisor passed. That is the gap. Wyoming dynasty trusts and asset protection trusts handle succession. Charitable remainder trusts remove...
When Direct Indexing Is the Wrong Fit for Your Client
Direct indexing, now a $1 trillion mainstream strategy, offers tax‑loss harvesting and customizable equity exposure. Gregory Kanarian of Natixis warns that the approach is unsuitable for certain client profiles, including qualified retirement accounts, low‑tax‑bracket investors, and those with minimal capital gains....
Ultra‑wealthy Families Reshape Risk Strategies Amid Climate Uncertainty
How are ultra-wealthy families rethinking risk in the age of climate uncertainty? To find out, I interviewed Donald Poster, the National Family Office Leader for Aon Private Risk Management, for @CrainCurrency. Article link in the comments https://t.co/kelse1ios9
3 OBBBA Tax Provisions Wealthy Families Should Act on Now, From a Financial Pro
The One Big Beautiful Bill Act (OBBBA) enacted in July 2025 makes key 2017 tax cuts permanent and raises several limits for high‑net‑worth families. The federal estate‑tax exemption jumps to $15 million per individual ($30 million for couples), while the Roth conversion window stays open under permanent...
Shielding Beneficiaries From Creditors: Clever or Cynical?
Protecting beneficiaries from creditors ... including spouses Cynical or smart? Friday's newsletter: Tax secrets of the ultra-wealthy https://t.co/e3EZsg82z0
FamilyOffice10x - He Invested in Sequoia, Kleiner Perkins, Lightspeed, Anthropic, xAI, Stripe.. - Vishal Verma, Managing Partner, Edgewood Ventures
Vishal Verma, Managing Partner of Edgewood Ventures, discusses the evolution of his family’s single‑family office from its humble immigrant roots to a 30‑year venture investing powerhouse. He explains why the office allocates roughly 30% of its capital to private markets,...
Mubadala Capital, Mark Walter, and the Great Multi-Family Office Consolidation
Abu Dhabi‑based Mubadala Capital, with billionaire backers Mark Walter and Thomas Tull, has financed Corient’s aggressive purchase of several multi‑family offices within a year. The roll‑up pushes Corient toward managing roughly $500 billion in wealth advisory assets, positioning it as one...
Three Core Family Office Archetypes: Founder, Administrative, Philanthropic
Family Office Archetypes Family Offices come in all shapes and sizes, but there are common themes 1. The Founder’s Family Office Where the visionary who created the fortune still calls the shots • FO created after founder's...
Real Estate Often Outvalues the Underlying Small Business
The value of the land > the business itself I spoke with a family office that owns a portfolio of small businesses. One interesting point the son of the owner made was that, in several cases, the underlying real estate is...
TwinFocus Plans to Avoid Venture for Family Office Clients, ‘Dubious’ on Asset Class
TwinFocus, a leading multifamily office, announced it will largely steer its family‑office clients away from venture‑capital allocations, labeling the asset class as "dubious." Head of the firm, Paul Karger, said the firm prefers to avoid managers operating in overly crowded...
Weekly Family Office Digest: AI, Wealth Trends, Risks
The best family office content from the last week is wrapped up in today's email, including: ∘ What does AI already know about your family office? ∘ The world’s richest real estate baron ∘ The $410M casino billionaire inheritance battle ∘ Managing Tom Cruise,...
Succession Ambiguity Is a Universal Risk
Asia now hosts the world’s largest billionaire pool, with 981 ultra‑rich individuals and an estimated US$5.8 trillion slated to change hands by 2030. Yet 37% of family enterprises lack a formal succession plan, creating a governance gap as wealth accelerates. Regional...
Begin with a Family Mission, Then Build Trusts
Start with a family mission statement. Core values, governance documents, who gets what and when. Once that is in place, the legal structures follow naturally. Trusts are just contract law and the options are wide. Dynasty trusts, spendthrift provisions, three...
Family Offices Boost Secondary Allocations, Yet Access Remains Limited
Family Offices and secondaries 28% of family offices plan to increase their secondary allocations Global secondary transactions topped $240B last year But having money is no guarantee of access to secondaries
Sara‑Bay Financial Puts $12 Million Into MercadoLibre, Raising Stake to 3.36%
Sara‑Bay Financial bought an additional 6,288 MercadoLibre shares worth about $12.13 million in Q1 2026, boosting its ownership to 3.36% of its reportable assets. The move makes MercadoLibre the firm’s ninth‑largest holding and underscores optimism about e‑commerce growth in Latin America.
Congress Targets 75% Cut to Estate Tax Exemption, Shaking Wealth Management
U.S. Senator Chris Van Hollen introduced legislation to slash the federal estate and gift tax exemptions by more than 75%, reverting them to 2009 levels. The proposal would lower the individual estate exemption to $3.5 million and the lifetime gift exemption...
Greg Abel Concentrates 79% of Berkshire's $318B Portfolio in Ten Stocks
Greg Abel, Berkshire Hathaway's new CEO, has allocated $251 billion—79% of the conglomerate's $318 billion investment portfolio—to just ten stocks, led by Apple and American Express. The move revives a long‑standing concentration strategy and forces wealth managers to reassess risk exposure for...
Marsh McLennan Posts $7.6B Q1 Revenue, Risk Advisory Up 8%
Marsh McLennan announced first‑quarter 2026 revenue of $7.6 billion, an 8% year‑over‑year rise, driven by an 8% jump in its Risk & Insurance Services line. Consulting revenue, especially Mercer’s wealth‑management segment, also accelerated, while a $425 million litigation charge tempered net income.
Learn How the Ultra‑Rich Preserve Wealth Across Generations
How the Wealthy Mitigate taxes and pass on Generational Wealth. If you are wealthy or plan to be wealthy, you must be at the 10X Wealth Conference. I am bringing the best family office people, tax and estate...
Tech Can Preserve Family Office Institutional Knowledge
Has your family office’s institutional knowledge become an institutional risk? Losing that lived experience and understanding of the 'why' behind big decisions is a cost that's hard to quantify Which is exactly why most family offices have simply learned to...
Investor Intentions: Alpine AM Family Office Plans to Scale up Its Portfolio in 2026
Taiwanese family office Alpine AM announced plans to scale its investment portfolio, targeting up to $4 billion in new allocations over the next five to eight years, beginning in 2026. The fund aims to diversify across private equity and other alternative...
Fewer Decisions, More Conviction Drive Real Success
It's easy to conflate activity with progress 76% of family offices expect to make ten transactions or fewer each year Warren Buffett famously told business school students to imagine a punch card with only 20 slots, representing every investment decision they'd be...
Wealth Preservation Is a Teach‑able Skill, Not Luck
Most people who come into a lot of money lose it. Not because they are careless, but because nobody taught them how to keep it. Wealthy families spend generations passing down how to preserve and grow wealth. You do not...
The Great Wealth Transfer: Strategies to Transfer ‘Superfluous’ Assets Without Taking an Estate Tax Hit
The article defines “superfluous” assets as holdings—second homes, artwork, concentrated stock—that exceed a family’s income needs and can be earmarked for tax‑efficient transfer. It outlines several estate‑planning tools, including Grantor Retained Annuity Trusts, Qualified Personal Residence Trusts, charitable remainder trusts,...
Next‑Gen Investors Transform Southeast Asia Family Offices
How next-gen investors are reshaping #familyoffices in #SoutheastAsia: Increased use of external managers, technology, and formal investment committees is reshaping how family capital is allocated and managed. @CFAinstitute: https://t.co/CoGlTf7MNQ #WealthManagement https://t.co/7zz8gKxijd
Choose a Wyoming Holding Company, Not a Trading Corp
Most attorneys will set you up with a trading corporation when what you actually need is a holding company. The difference matters for long-term capital gains. DWP builds Wyoming holding companies with NAICS code 551112 or 551114, operating agreement provisions...
OV MANAGEMENT LLC - Filing for Period Ending 03/31/2026
OV Management LLC filed its Q1 2026 13F, revealing a portfolio that shrank to $49 million from $115 million a year earlier. The family office dramatically reduced its exposure to mega‑cap tech, selling NVIDIA, Microsoft, Alphabet, Apple and Amazon, while adding modest positions...
Family Offices Adopt Institutional-Grade Wall Street Strategies
The insiders know what's really driving returns in family offices now. I'm watching the best institutional consultants transform how family wealth is managed. They're bringing Wall Street expertise to private wealth, and the results are undeniable. This isn't amateur hour...
Family Offices: From Strategy to First Trade
A great podcast from our friend Shaun Parkin Implementing Your Investment Policy New family offices should define their investment strategy, but then comes the hard bit.. how to actually start trading https://t.co/KsA7u3Sifa https://t.co/6JLQj3yfZ6
UHNW Families Rebalancing Portfolios Amid Iran Fallout, Spelling Opportunity for Advisors
Ultra‑high‑net‑worth families are shifting 15‑20% of their holdings as the Iran conflict disrupts oil markets and fuels inflation and currency volatility. deVere Group reports a surge in its Family Office division, with clients rebalancing assets, jurisdictions, and governance structures. The...
Centurion Wealth Sells $5.3 M of Global X Data Center ETF, Shrinking DTCR Stake to 0.4%
Centurion Wealth Management LLC disclosed an April 10 SEC filing showing it sold 216,719 shares of Global X’s Data Center & Digital Infrastructure ETF (DTCR) for an estimated $5.3 million. The divestiture reduced the fund’s DTCR exposure from 1.4% to 0.4%...
Private Trust Company Design Considerations for Family Wealth Planning
In this episode, ACTEC Fellow Elise McGee explains the key design considerations for private trust companies (PTCs) used by ultra‑high‑net‑worth families. She clarifies why a PTC should be separate from a family office, outlines regulatory choices between regulated and unregulated jurisdictions,...
Charlotte Davey: Planning in the Age of the ‘Great Wealth Transfer’
The UK‑centric "great wealth transfer" will move roughly £5.5 trn (about $7 trn) of assets between generations by 2050. Younger investors are already active – over 90% use paid advice and nearly half of Gen Z and Millennials invested in the past year....
Wyoming LLCs Shield Equity While Corp Shares Remain Vulnerable
S-Corp or C-Corp stock vulnerable: lawsuit winners liquidate assets, return worthless shares. LLC equity units protected via charging order. 99.9% cases use Wyoming LLC. C-Corp as management entity advanced strategy. S-Corp prohibits trust ownership.
Family Offices Confront Succession, Tech, and Downsizing Trends
Monday's Family Office Buzz email There's something for everyone ∘ Robinhood's cofounder on wealth platforms ∘ Family offices and direct deals ∘ Bloomberg's family office playbook ∘ The cost and structure of a $10M family office ∘ A succession wave in family businesses ∘ Billionaires in support...
Fidelity Wealth Management Report Warns of $124 Trillion Inheritance Conflict Risk
Fidelity Wealth Management released a report showing that uneven estate divisions could spark legal battles as $124 trillion in assets shift between generations. The study cites rising probate filings and a 58% dispute rate, urging families to review wills and beneficiary...
Wealth Managers Warn of Volatility Amid Iran Conflict, Fed Warning and Rate Concerns
Across North America, wealth managers are telling clients to hold steady as the Iran‑Israel war, a lingering Federal Reserve warning and a Buffett‑era reminder about interest‑rate gravity converge. The advice comes amid modest market gains – the Dow up 0.56%,...
Captive Insurance + PPLI: Tax‑Free Crypto Family Office
Captive insurance + PPLI = the crypto family office cheat code. Pay premiums to your own insurer, invest them in crypto, hedge funds, or real estate. Grow it tax-free. Borrow tax-free. Heirs inherit tax-free. It's straight from Buffett’s playbook.
Coutts Raises Minimum to £3 Million, Heightening Exclusivity
King Charles’ bank just got even more exclusive Coutts, the centuries old private bank to the British establishment, triples the minimum to £3M https://t.co/dosmyLSXbu
Municipal Bond Demand Rebounds in Q2 as Yields Rise, Analysts Say
Analysts at Seeking Alpha and Cambridge Associates report a resurgence of investor interest in U.S. municipal bonds during the second quarter, citing higher yields and a stronger tax advantage. The trend is prompting private families to revisit muni allocations that...
Decamillionaire Fireside Chat: Due Diligence Tools, Strategies and Case Studies | Marc Halpern
In this fireside chat, Marc Halpern, co‑founder of the Deep Due Diligence Investors Club, explains how his group uses a rigorous, three‑layer framework—sponsor (the jockey), opportunity (the horse), and macro environment (the track)—to evaluate private‑placement deals. He describes their AI‑driven...
Forget 'Trust Reveal' Parties: This Is How to Successfully Transfer Wealth
Families often overlook the emotional groundwork needed for successful wealth transfers, leading to a 70% failure rate. Experts recommend three pillars: telling the family’s story and values, defining a clear purpose for the wealth, and initiating ongoing money conversations from...