Family Office Accounting Practices Are In High Demand
One of the most profitable types of accounting practices today is a well-run family office. Thus, many accounting firms and other organizations are highly motivated to build or acquire them.…
How Hedge Fund Managers Lower Their Tax Bills
Hedge fund managers are generally taxed on much of their income at an income rate of 55 percent. So when they can – using bright line strategies – lower their…
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…
Lessons From The High End
At the third annual Creating An Excep-tional Family Office conference in Boston at the end of September, I had the privilege of moderating discussions with a number of top industry…
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…