The Engines Driving U.S. Wealth Creation
Feb 4, 2020 The rapid rise of family offices and wealth management professionals is a reflection of the astounding rate of wealth creation in the United States. Despite China’s rise as rival wealth creator, the U.S. still dominates the world with the highest number of billionaires and millionaires, according to Wealth-X's 2019 Billionaire Census report.READ MORE
Why a New Wave of Family Offices Are Emerging in Brazil
Sept 26. 2019 While the Amazon rainforest wildfires and the political drama from newly elected president Jair Bolsonaro’s administration have captured the global spotlight this year, Brazil’s underlying economy seems to be quietly regaining steam. The pace of wealth creation and family office launches has picked up in the last year, in a sign that Latin America’s biggest growth engine is back on track.READ MORE
Family Office Gather in New York City for networking dinner hosted by MarketCurrents
June 24 - 28. 2019
More than 25 single-family offices from the United States, Asia, Latin America, and the Middle East have reserved a seat at an exclusive dinner to be hosted by MarketCurrents Wealth Management in New York City on July 30th.
MarketCurrents to Host Prestigious Emerging Market Family Offices At NYC Event
Image Credit: Chawla.nishant
[CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)]
June 24 - 28. 2019
MarketCurrents Wealth Management will connect a select number of high-profile family offices from emergi...
Impact of Tax Cuts and Jobs Act on Family Offices
Jason Michaels Senior Manager, Private Client Services RSM The impact of the Tax Cuts and Jobs Act (TCJA) on family offices is unprecedented, according to Jason Michaels, Senior Manager, Private Client Services at gl...READ MORE
Impact Investments and Aligning Family and Family Office Interests: Q&A With Michael Tiedemann
Feb 18 – 22. 2019
When Carl Tiedemann established Tiedemann Advisors in 1999, he wanted to offer clients two things: the freedom to fire their trustee and the flexibility of being deeply involved in the investment planning process. Tiedemann believed the lack of these two critical elements were the underlying reason for his own family’s experience with trustees and wealth managers since the turn of the 20th century.
Leveraged Loan Investors May Sound the Alarm in 2019
Investors have been pouring capital into leveraged loans for much of the past decade. But over the past few weeks, the market has been showing signs of weakness. Although there is no exact criteria for defining a leveraged loan, they are generally categorized based on how high the inter...READ MORE
U.S. Family Businesses Face Looming Succession Crisis
Despite a successful 16-year run as a medium-sized business, Montana-based Grandma Hoot Products was nearly liquidated in 2017. Owner Joyce Previte launched the condiment company in 2002, eventually bringing her husband Keith on board to manage sales and distribution. Now in their 60s,...READ MORE
Grappling With Succession in a Family Business: Q&A With Wells Fargo’s Chris Pegg
Jan 29 – Feb 01. 2019
Succession planning across multiple generations is likely to be one of the biggest struggles of managing a family business. Research from consulting firm Ernst & Young suggests that 80% of companies will change management within a given 10-year period but 62% have not yet picked a successor.
What Is the Future of Carried Interest?
Changing the tax treatment of carried interest was meant to be a cornerstone of the Trump administration’s tax overhaul in 2017. It was also one of the few policies that had bipartisan support in Congress. However, the final Tax Cuts and Jobs Act of 2017 left the rul...READ MORE