A recent report by Deloitte reveals that family offices have increased from 6,130 in 2019 to 8,030 in 2024, and this number is estimated to cross 10,720 by 2030. This increase indicates that high-net-worth families are growing globally, which means the demand for professional investment advice and wealth tracking software solutions is going to hit […]

In today’s fast-changing world of wealth management, family offices play a significant role. They focus on the unique needs of ultra-high-net-worth families, handling about $5.9 trillion in assets worldwide. This astronomical growth shows that more families want financial services specially designed to fit what they need. A guiding framework that many family offices find invaluable […]

Warren Buffett, the iconic chairman and CEO of Berkshire Hathaway, once said, “Only when the tide goes out, do you discover who’s been swimming naked.” Essentially, what he meant is that strong markets can make even poor investments look good. But, let’s face it, when the market turns volatile, the true risks of these investments […]

Family offices, which help ultra-high-net-worth (UHNW) families to manage their wealth, have changed a lot over the years. Until a few years ago, they used to mainly keep track of family assets, but now they handle big, complex investments worldwide, often worth billions, especially with the recent growth in tech and other industries. As their […]

Tracking wealth for family offices has become complicated with an increase in the number of asset types and the geographies it is spread across. Therefore, to keep a tab on your performance, it’s extremely important to focus on three key areas: the assets you have full knowledge about (known knowns), the uncertainties you haven’t fully […]

The financial affairs of Ultra-high-net-worth (UHNW) households are managed by family offices that handle large and varied portfolios made up of real estate, private equity, and alternative assets. Since financial data are collected from multiple sources and varied systems, many problems arise, such as fragmented data and inefficiencies in financial reporting and accounting. As a […]

A family-office expert and G2 family member offers guidance on governance  Despite two financial crises and a profoundly disruptive pandemic, global wealth swelled to $418 trillion in 2020, up from $118 trillion in 2000. To navigate this surge, a record number of UHNW families have opened family offices to oversee their assets, manage their investments, […]

Only a few years ago, there was much hoopla in the global media around the term ‘big data’. Many people were led to believe that it had become possible to easily access and utilize massive amounts of data, resolving major challenges facing businesses and other institutions. Discover seamless portfolio and risk management for your family […]

Cash is the lifeblood of a business and the ‘asset’ we fall back on in times of financial difficulty. Much like a round of chess, it is cash, the king, that keeps the game going. Every move impacts the endgame, smart investments are about strategic decisions that maximize your returns from investments—each choice bringing you […]

Modern family office holdings are complex. They span different asset classes — liquid as well as illiquid — and tend be spread across different custodians and accounts within custodians. Particularly in the case of illiquid investments, since there is no specific market source, their valuation and performance tracking can be flexible. Complicated transactions such as […]