Chad Fox’s Post

Daniel DiBiasio, Head of Morgan Stanley Private Wealth Management, shares four pillars for wealth management professionals to help their clients create a family office, including proactive governance that balances structure with flexibility, building an institutional-quality team and deploying an investment strategy that seeks to diversify return and risk. Kingbird was formed intentionally under many of these premises as the independent real estate investment subsidiary of the century-old Grupo Ferré Rangel family office to manage private real estate capital as a fiduciary on behalf of the family, as well as third-party family offices, qualified, and institutional investors. We agree wholeheartedly that family offices must be forward-thinking, adaptable and leverage partnerships to manage risk and add value. Since inception, our focus has always been to construct cycle-resilient, downside protected portfolios with institutional best practices but a “family office CIO lens” on behalf of our co-investors. https://lnkd.in/eDs93Nbc #wealthmanagement #familyoffices #realestateinvesting #multifamily #downsideprotection

Family offices have become essential for managing and preserving dynastic wealth. They handle investment strategies, succession planning, and internal management, often facing complex challenges. James Brockhurst and Claris Bell discuss the importance of ensuring effective governance and oversight within family offices in the article below. https://lnkd.in/gxEjNJCM

Interesting piece. The vast majority of family offices (at least in Asia) are investment centric with little focus on other functions. This is likely to always be the case - professional independent control of wealth will be a key objective . However a family office does not give succession planning in terms of wealth transfer so more thought and structuring is needed. How is the wealth owned and what is the plan for the next generation and beyond? #succession #wealthmanagement #sfo

Wealth firms must transform strategy to woo family offices - Professional Wealth Management #pwmnet Wealth management firms are facing a pivotal moment where they must reevaluate their strategies to attract family offices. By adapting their approach, wealth firms can better cater to the unique needs and preferences of family offices, ultimately strengthening their client base. Embracing innovative methods and personalized solutions will be key in this transformation. According to recent data, family offices are seeking more tailored services and long-term relationships with wealth management providers. #WealthManagement #FamilyOffices #220dots #wealthadvisors #advisory #wealthcreation #SFO #MFO #Wealthfirms #Wealthstrategy #wealthplanning #GenAI

“Traditionally very discreet, Family Offices are coming out of the shadows and becoming an attractive structure for managing private and family capital.” With a third of Family Offices globally currently handing over responsibilities to a new generation of leaders, families are looking to the future to see how new ideas can be deployed while maintaining the family’s strategic oversight and long-term vision.   Our Founder and Chairman, Adam Ladjadj, recently spoke with Finance Middle East to share his thoughts on:   * Succession planning and preparing the next generation for leading roles * The strategic transition of Family Office from local wealth custodians to dynamic entities; and * How AI can positively impact the operations of Family Offices.   Read more here: https://lnkd.in/d_kK-grM #EmiratesFamilyOfficeAssociation #EFOA #FamilyOffice #successionplanning #wealth #nextgen

The importance of family offices and wealth management overall amidst a significant wealth transition couldn’t be greater. Recently Morgan Stanley Wealth Management came out with some key insights that I believe the wealth management community will want to pay close attention to. They identified two very important factors driving the business 👇 🔹 ”Firstly, the purpose of family offices, beyond the financial aspects of wealthy families needs to include human, intellectual, and social capital and alignment with families’ long-term mission and values.” 🔹 "Secondly, the families themselves, where dynamics and trends are evolving." Some really great points for family offices to understand and adapt to. When working with families throughout this important transition, it’s not as easy as taking capital to one place and putting it in another. There needs to be a fulfilling human experience that gives clients the confidence their future is secure. #Finance #WealthManagement #BusinessTransformation

How has the Family Office space evolved for clients and for the firms that work with them? Wilmington Trust’s Family Office practice leader, Donald DiCarlo, shared some thoughts with Professional Wealth Management (PWM) as part of a comprehensive look at this growing, changing, and important part of the wealth management industry. Take a look at the story below! #familyoffice #wealthmanagement

Family offices are becoming more professionalised amid geopolitical and market complexities. As noted in this article, 93% are private investment offices, with over half using external partners for asset management. Many family offices prioritise private markets, valuing their familiarity with illiquidity. Family offices also favour intangible factors include privacy, control over decisions, and hands-on investment preferences. From the increasing trend towards external talent and personalised services from private banks – it seems like the shift to next-gen leadership with see more influence from outside advisors and service providers. #familyoffice #advisor #assetmanagement

How has the Family Office space evolved for clients and for the firms that work with them? Wilmington Trust’s Family Office practice leader, Don DiCarlo, shared some thoughts with Professional Wealth Management (PWM) as part of a comprehensive look at this growing, changing, and important part of the wealth management industry. Take a look at the story below! #familyoffice #wealthmanagement

Family Offices Embracing Private Equity I caught up with a family office principal I really admire and they’re adding a private equity strategy alongside their core private credit strategy. I know at least 3 other families that have the same thesis but in different industries. What it shows me is that family offices have the ability to invest across the capital stack and really understand what risk adjusted returns look like. I’m excited to start working with this family office as their strategies have been consistent performers every year since we met, and yes they showed proof of those returns. F Partners Read The Full Article Here: https://lnkd.in/e_7-wWZU #singlefamilyoffice #familyoffice #familyoffices #privateinvestors #privatemarkets