Boston Private

FB Roundup: US Treasury disclosure plans, Nintendo family office expands interests, Walmart heir invests in healthier oceans

February 10, 2022

American family offices oppose a disclosure plan by the US Treasury Department, Nintendo founders’ family office bolster their mission to invest in Japanese business with a new acquisition, and Walmart heir’s global impact platform further pledges to clean up the seas.

American family offices oppose disclosure plan by US Treasury Department

Ultra-wealthy families are claiming they will be “Uniquely susceptible” to theft, fraud and kidnapping if a proposal by the US Treasury Department requiring American companies to disclose identities of their beneficial shareholders goes ahead.

The five challenges of wealth inheritors

October 8, 2021

Children of wealth must overcome five key challenges to generate a sense of life purpose and a positive and facilitative emotional connection to their money.

Children of wealth must overcome five key challenges to generate a sense of life purpose and a positive and facilitative emotional connection to their money.

Each challenge describes an important aspect of the psychological relationship to the saving, spending, and sharing of wealth. To develop a positive wealth identity, children must resolve conflicts and overcome their vulnerabilities in each area.

Challenge 1: Financial awareness

Prioritising risk management for family offices

February 21, 2020

An inconvenient side effect to living in today’s fully digitised world is that threats have also gone digital—become more difficult to discover, track and neutralise. All financial institutions are now faced with the colossal task of protecting against increased threats to their business, no matter how ‘under the radar’ their profiles have traditionally been—family offices included.