Share |

single family office

Abbot Downing introduces Joe Freeman to head new family office division

February 18, 2016

US wealth manager Abbot Downing has established a new business strategy to better focus on single family office clients, with its president stating that more investment entities are transitioning into family offices in the face of increasing regulation.

The group announced last month that it would be appointing Joe Freeman its new head of family office services. The platform would facilitate access to products and services provided by Abbot Downing’s parent company Wells Fargo.

Infosys head of strategy to manage Shibulal family office

July 10, 2014

The head of strategic planning at technology-company Infosys, Ganapathy Subramanian, will reportedly step down after a nearly a decade and take on a managerial role at the chief executive’s family office.

According to an article from Business Standard, Subramanian will join Infosys’ cofounder S D Shibulal – set to retire in August – at his family office Innovations Investment Management India in Bangalore in the near future.

Fine tuning family wealth

July 3, 2014

By their very nature single family offices are unique. So how do you go about establishing a bespoke structure for your family when there is no one else to compare yourself to?

Families face a dizzying array of concerns and choices when deciding the details of how to structure their family offices. When families look at the multi family office model, the services, fees and the funds on offer can be easily compared like-for-like. But single family offices (SFOs) are a bespoke bundle. They can be totally unique in their goals and how they are structured to achieve these goals. So how should families ensure they have the best set-up for their SFO?

Wealth disconnect

December 3, 2012

Despite the huge growth of the very rich in the big emerging markets, family offices have been slow to take hold. Campden asks why.

Dotted about Hong Kong’s and Singapore’s financial services districts are a number of multi family offices – or at least individuals and groups of people calling themselves multi family offices.

Office politics

July 31, 2012

Moving from a single to a multi family office means you can attract the best in the business, and more regulation is a small price to pay, says columnist Hugo Greenhalgh.

For family offices it is always about the future. As the funds dwindle as the generations multiply, maintaining the integrity of the assets is crucial. But how? The answer is simple: for a single family office to survive the triple onslaught of death, divorce and taxes, the solution is to open the doors. It should move from a single family office structure to the multi family system.

Newly formed family office appoints CIO

September 20, 2011

Soros Fund Management, founded by legendary investor George Soros, has appointed former employee Scott Bessent as chief investment officer to oversee the family’s money.

The New York-based single family office also announced that Soros’s son Jonathan, who was co-deputy chairman, will step back from the fund’s day-to-day management, and will become chairman of the family’s foundation.

Schizophrenia and the family office

September 13, 2011

Anything involving families is a recipe for dispute, and family offices are no exception. Most often, the dispute revolves around whether a family office should stick with being a single family office, or branch out and become a multi family office.

So which model is best - single or multi? Should the focus be on wealth preservation or creation?

Read the full story at CampdenFO.

Ed Lazar & Charlie Grace Jr: When one plus one equals more than two

March 8, 2010

What could possibly convince two well-established, independent and family-owned enterprises to take on the ordeal of combining two family offices into one?

Rankin: The boutique multifamily office: the best wealth management structure?

October 26, 2009

For ultra-wealthy families, the single family office has traditionally been a preferred method for managing the family’s money and affairs.

For ultra-wealthy families, the single family office has traditionally been a preferred method for managing the family's money and affairs. But as Campden FO discussed in its spring issue (How safe is planet SFO?), recent market turmoil has caused families to question this approach: Is it too costly to sustain? Can they attract and retain the talent they require? Who in the family is willing to devote the time to oversee the effort?

Redefining family office communication

October 26, 2009

Communication between family offices and the families they serve is essential at any time, but the need is currently greater than ever

The credit crunch has brought into sharp relief the importance of adequate communication between families and family offices. Where multifamily offices have lost investors' capital, good communication can be the difference between losing and retaining client trust. Meanwhile, the very existence of single family offices is being called into question if vast sums have been lost and communication is poor or lacking.