Family and investment office myopia 09/09/2014 Definitions tend to be the banes of the private banking and wealth management sector. Take “private banks” for example, a term that can support at least three definitions. This can cause considerable confusion.
New family office launches in New York 12/06/2014 New York-based Flynn Family Office (FFO), a family office and business management solutions firm serving ultra-high-net worth individuals and families has launched.
Do family offices really require their own professional qualification? 05/06/2014 Accredited professional qualifications for those working directly with clients in the UK wealth management sector are not only in vogue. They are also mandatory as a result of the implementation of the Financial Conduct Authority’s (FCA) Retail Distribution Review (RDR). Furthermore every person that has acquired a recognised qualification is obliged to participate in a Continuing Professional Development (CPD) programme every year to maintain his or her Statement of Professional Standing (SPS) without which they can’t practice.