Managers of Wealth

Number of family offices triples in four years

The total number of family offices worldwide grew from 1,285 in 2019 to 4,592 in 2023, according to data from Preqin

Citigroup Strategizes Family Office Engagement in Middle East for Wealth Management Expansion

Citigroup sets its sights on Middle East family offices to bolster its wealth management portfolio, leveraging Hong Kong's financial hub.

Destiny Family Office Named 2024 Family Wealth Report Awards Finalist for Third Consecutive Year

Prestigious Annual Award Recognizes Exceptionalism in Wealth and Investment Management

2024 RSM Family Office Operational Excellence report

Strengthen operations, maintain resilience

Hong Kong to enhance family office tax breaks

Budget 2024 revealed further enhancements to preferential tax regimes for family offices, which includes increasing more types of qualifying transactions.

US family office launches Australian arm

Asena founder and head of its advisory business Peter Harper said the firm identified Giles Wade as a great business to join Asena for several reasons.

WRISE Launches Mass Affluent Unit

The offering will also include global securities, structured products, mutual funds and fixed income.

Pathstone to Acquire Crestone Capital LLC

The acquisition continues to strengthen Pathstone’s position as the largest independent Registered Investment Advisor (“RIA”) focused on serving ultra-high net worth (“UNHW”) families.

Family Offices Are Boosting Allocations to Alts in 2024, KKR Says

A survey of 75 family office CIOs shared their plans for portfolios this year.

Family offices quite distinct from traditional wealth management, says Rajmohan Krishnan of Entrust

Engaging with a family office is a significant decision that individuals typically consider when their financial situation becomes more complex and requires a more comprehensive approach to wealth management.

Rockefeller Global Family Office Expands Private Wealth Business in Southeast Division, Adds Variant Path Group in Charlotte, NC

The group joins from Morgan Stanley and will report to Kristen Sario, Southeast Divisional Director of Rockefeller Global Family Office. V

Family Offices: Secretive industry under pressure

The financial professionals working for rich business families are trying to adapt to the new realities on the financial markets.

Asia's wealthy families invest to 'maintain lifestyle' and 'stay rich'

Factors such as how many members we have in each generation, what they need, how we provide for education and health care must be considered.

Raffles Family Office and NCNE sign renewable energy agreement

A unique collaboration capitalising on the possibilities presented by the deepening economic gaps between China and the Middle East.

Impact Investing Institute launches "Family Offices: Roadmap to Impact"

Through this work, the Impact Investing Institute hopes to accelerate the participation of wealthy families in the impact investing field.

UAE turns into a magnet for family offices – and they are not just thinking regional

As a natural destination for wealth, UAE is further adding to its credentials

WRISE Launches Middle East Office

The UAE is set to see an increase of 24.6 percent in the number of high net worth individuals (HNWI) by 2025

Northern Trust AM Aims to Double International Revenues

Northern Trust Asset Management had $31.7bn in assets under management in quantitative strategies as of 30 September 2023, out of a total $1.09 trillion.

Startup by Roger Studer and Christian Katz nimbly taps into Bitcoin ETF turbulence

But they have reacted with surprising agility to the recent approval of Bitcoin ETFs in the USA.

Prospera Financial Services Launches Family Office Program

Affiliated advisors will now have access to all platform services and can offer them individually or as part of a comprehensive program.