Family Offices News and Headlines
Family Offices News and Headlines
Family Offices Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
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 childhood onward. By documenting a legacy letter, crafting a purpose statement, and holding structured annual meetings, heirs gain context, confidence, and alignment before any legal documents are signed. These practices turn a simple inheritance into a shared, purpose‑driven legacy.
Bank of America Private Bank warns that most family trusts contain five hidden drafting flaws that can unravel inheritance plans. Trust ownership rose from 11 % to 14 % between 2025‑2026, and the recent jump in the federal estate‑gift tax exemption to...
Exchange funds let investors swap concentrated, highly‑appreciated stocks for a diversified basket, deferring capital‑gains taxes under Section 721. A mandatory seven‑year hold period spreads gains across participants, instantly reducing single‑stock risk. Start‑ups like Cache are popularizing the model, amassing over $1.25 billion...
Family offices have capitalized on the recent oil price surge, which rose about 30% to over $94 a barrel after the Iran conflict began in February. With institutional investors pulling back due to ESG pressures, these ultra‑wealthy firms entered the...
Farther, a New York‑based registered investment advisor, has launched a multi‑family office targeting ultra‑high‑net‑worth families and appointed former Goldman Sachs private‑wealth advisor Ben Seidenstein as global head. Seidenstein brings more than 13 years of experience overseeing $1.5 billion for entrepreneurs, executives, and private investors. The...
The spike in oil prices triggered by the Iran war has dramatically increased the fortunes of families tied to the fossil‑fuel sector. These dynasties are channeling their windfalls into dedicated family offices, seeking to preserve and grow wealth beyond traditional...
Washington enacted a 9.9% millionaire tax on households earning over $1 million, projected to generate about $3 billion annually from roughly 21,000 filers. Collections start in 2029, but the law faces immediate constitutional challenges that could delay or overturn it. Ultra‑high‑net‑worth advisors,...
Private‑market allocations have moved from niche access tools to core portfolio components as households with $5‑$20 million in assets now control 40% of U.S. investable wealth, up from 18% in 2013. Advisors are fielding more client inquiries about high‑profile private companies...
Abu Dhabi‑based Dovehouse Capital, founded by Danish entrepreneurs Claus Gotthard and Martin Rasmussen, launched its first hedge fund this month, positioning itself as the emirate’s inaugural home‑grown manager. The firm has secured $80‑150 million in commitments from Emirati family offices and...
Asian high‑net‑worth families are relocating and diversifying assets faster than their traditional wealth‑planning frameworks can accommodate. Data from the Henley Wealth Report shows a record 142,000 millionaires moved abroad in 2025, with the trend set to rise to 165,000 in...
Veteran UBS advisors Jason Stephens and Mic Lundon launched Evertern Wealth in Naples, Florida, moving roughly $2.4 billion in assets into a new independent multi‑family office. The boutique firm targets ultra‑high‑net‑worth families, founders and senior executives, offering institutional‑grade capabilities with personalized...
Advisors Jason Stephens and Mic Lundon left UBS with roughly $2.4 billion in client assets to launch Evertern Wealth, a Florida‑based RIA delivering family‑office services. The firm is backed by Dynasty Financial Partners for technology and investment access, while Goldman Sachs...
The One Big Beautiful Bill Act (OBBBA) cemented a $15 million estate‑gift exemption but introduced a 35 % cap on itemized deductions and a 0.5 % AGI floor that erodes charitable benefits for high‑income families. A pending California billionaire tax would levy a one‑time 5 % charge on...
David Knights, head of Investors Trust’s Asian distribution, relocated to Kuala Lumpur three years ago, building a cohesive, multilingual team that enhances client service across the region. He notes that Asian high‑net‑worth clients are increasingly focused on longevity, sustainable retirement,...
Zephyr’s market strategist Ryan Nauman hosted a podcast with Aapryl’s Bill Himpele and Cesar Gonzales to champion skill‑based analytics over traditional backward‑looking performance reporting. The discussion highlighted that much apparent outperformance stems from cyclical market and style exposures rather than...
