Operations
The unglamorous machinery that keeps a family office running: technology, reporting, cybersecurity and day-to-day process.
SEIA builds a tax unit and rents its family office layer
The $32.6 billion Los Angeles adviser has hired an LPL tax executive to run a new division, while buying in family governance and fiduciary accounting through Baker Tilly.
Family offices plan to outsource more, Ocorian survey finds
A survey of 200 family offices managing $119 billion found 77 per cent expect to lean more on third-party specialists, from illiquid investments to cyber security.
Family offices are closing. The families are richer than ever.
Running a single family office costs $6.6 million a year for a $1 billion portfolio. Some families have decided the numbers no longer work.
Family offices are investing in AI. Most of them are not actually using it.
Two thirds of family offices say AI is a priority investment theme. Fewer than a quarter use it internally. The gap between allocation and adoption is wide.
The unglamorous backbone: operations, data and cyber risk
Operations, data and cyber risk are the unglamorous backbone of a family office, and the area wealthy families most often neglect until something breaks.
Staffing a family office: the traits that matter most
Who to hire first in a family office, the traits that matter more than the CV, and how to avoid the key-person risk that quietly threatens small teams.
The true cost of a single family office
The real cost of running a single family office goes well beyond salaries. What families underestimate, and the point at which an SFO stops making sense.
What we are reading about family offices
No noise, no selling. A measured note on the advisory landscape.