HSBC Global Private Banking’s Post

Did you know that Family Businesses make up around 70 per cent of all Australian businesses and employing approximately half of the country’s workforce? Looking forward to celebrating the significant contribution to the community and economy and their generations of dedication 🎉 #NFBD24 #FamilyBusiness #FBA #SupportFamilyBusiness #ChooseFamilyBusiness #CelebrateFamilyBusiness

🎉 Vista is thrilled to announce that Lindsey Williams, Chief Client Officer, has been recognized by the Portland Business Journal as a 2024 Woman of Influence. For more than 19 years, Lindsey has influenced countless clients and professionals at Vista, while volunteering extensively in the community. She serves as the Treasurer for the Beaverton High School Success Fund and is a member of the Providence St. Vincent's Foundation Council of Trustees. Please join us in congratulating Lindsey for this well-deserved honor! . . . #WealthManagement #Legacyplanning #investing #vistablog #financialadvisors #vistacapitalpartners #vistacp #investments #financialplanning #investinyourself #generationalwealth #investinyourfamily #investinyourfuture #investinyourlegacy

Professional advisors looking to deepen relationships with clients and work with them to unlock their generosity as a part of their wealth and estate plans will appreciate this course! #generosity #advisors #financialplanning

Deciding on how to organize and administer your grantmaking raises important questions for your philanthropy. Does your operational structure support your mission and reflect your values? What type of staffing structure will you require? What kind of culture do you want to build? Getting these questions right is vital to practicing effective family philanthropy. Watch the video below to learn more about how you can meet your mission, support your volunteers, staff and community partners and effectively use your financial resources. We also invite you to dive deeper with the Operations & Management Primer on the National Center for Family Philanthropy (NCFP) website. 

Asset protection is a crucial goal for most of our estate planning and elder law clients. They want to preserve their legacy for future generations, nonprofits, and/or their own enjoyment. Jerome Wegley and Thomas C. Hoffman, II talk about how we help clients achieve their goals through careful planning: https://lnkd.in/ehhUBKyr Learn more about our Estate Planning group: https://lnkd.in/epsv7cYE #assetprotection #estateplanning #trustplanning #protectyourassets

10 Legal Issues for Nonprofit and Association Leadership in 2024 - The distinction between employees and independent contractors is a key issue, with new guidelines affecting how nonprofits manage and classify their workforce. https://lnkd.in/eWvQZKpv

What Services do Family Offices provide? 👇 Family offices are not just about investing; they are the backbone of a family's financial and personal affairs. Here's an insight into the diverse services they offer: 𝟭. 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 As the core activity, family offices manage money and investments. They develop and implement investment strategies and ensure your portfolio can deliver its goals. 𝟮. 𝗟𝗲𝗴𝗮𝗹 & 𝗧𝗮𝘅 Navigating legal complexities and tax is crucial. Family offices provide expert advice to protect your wealth and ensure compliance. 𝟯. 𝗣𝗵𝗶𝗹𝗮𝗻𝘁𝗵𝗿𝗼𝗽𝘆 Giving back is often a family value. Family offices help channel your philanthropic vision into impactful actions, aligning charitable goals with strategic giving. 𝟰. 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 Preparing the next generation is key. Family offices offer educational programs to instil financial literacy and stewardship in younger family members. 𝟱. 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 From planning travel to managing properties, family offices handle the intricacies of HNW lifestyles, ensuring seamless day-to-day operations. 𝟲. 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 Every family and its needs are unique. They tailor their services, from estate planning to succession strategies, ensuring a personalised approach. Family offices are the silent architects behind a financial dynasty’s success and legacy. Source - Deloitte #FamilyOffice #WealthManagement #LegacyPlanning #Philanthropy #Education #LifestyleManagement *** If you enjoyed reading this or learned something, ♻️ share this with others and 🔔 follow me Taras Rybak for more.

For high-net-worth folks, family offices are cheat codes for keeping wealth for generations.  By providing a wide range of services, from: - Investment management - Estate planning - Tax optimization - Philanthropic giving Family offices can help to simplify and streamline the complex world of wealth management.  If you're looking to preserve and grow your wealth for generations to come, working with a family office can be an invaluable step.

Maslow got it wrong. And the implications reverberate to this day. At the Agency Fund, we're committed to supporting ideas and organizations that expand human agency. We are striving for a world where everybody has a coach, a mentor, a counselor. Find out where Maslow went wrong in the link below. #Maslow #HierarchyOfNeeds #FundamentalPsychologicalNeeds

Discover how Wealth 3.0 is transforming philanthropy and advising for ultra-high-net-worth clients. Stay ahead of the curve in professional advising. Learn more at https://okt.to/StHIiO. #WealthManagement #Philanthropy #Finance