European family offices get the Bono habit 31/03/2015 Private equity is generally considered to be the riskiest asset class. Nonetheless, and contrary to the conventional wisdom that wealth preservation is the guiding star of wealth management, this has not deterred the very rich from securing exposure to private equity in the pursuit of higher returns.
New forum for family office advisers launches 19/02/2015 Last Thursday (12/02/2015) saw the launch in London of the Family Office Advisors Forum, a network for those professionals advising family offices and the families behind them. The idea is that of Keith Johnston, who chaired the first meeting, and who is the founder of the Family Office Council.
Sizing the global single family office market 02/12/2014 Family offices are currently a very hot topic with rarely a week going by without the announcement of a new publication or conference that focuses on the subject. This probably reflects a presumption that the family office universe is expanding both in terms of the number of active institutions and the wealth administered and controlled.
So how much is really needed to fund a family office? 20/11/2014 It used to the case, at least as far as those that make assertions on this particular subject, that a minimum of between $50 million to $100 million of assets was required to make the establishment of a family office a viable proposition.
The FF&P/Stonehage merger: a potentially overlooked cost saving 07/11/2014 Mergers sometimes have the potential to reduce costs, especially where there are areas of overlap. This will almost certainly be the case at Stonehage Fleming & Partners (SF&P), the outcome of the merger between Stonehage and Fleming Family & Partners (FF&P).