Rhodium Analytics Inc’s Post

🚀 Family offices are booming globally! 🌍 Here are some key insights into their impressive growth: 📈 Market Expansion: Valued at $93.72 billion in 2023, the family offices market is projected to hit $178.42 billion by 2032, growing at a 7.4% CAGR. This surge is driven by the rising number of wealthy families seeking personalised financial services. 💼 Asset Management Trends: There's a notable shift from public equities to private equities. In 2023, private equity investments constituted 30% of the average family office portfolio, up from 22% in 2021. Direct investments and private equity funds are now favored over traditional public markets. At TrustSearch, we specialize in global family offices across all jurisdictions, offering expertise in hiring for all types of C-Suite positions. As a family business, we truly understand the unique needs of family offices and the importance of finding the candidate you can trust. You can rely on our expert knowledge, personalised approach, extensive network and commitment to your legacy! Get in touch with our team to learn more about our services. #FamilyOffices #WealthManagement #PrivateEquity #FinancialServices #GlobalGrowth #CSuiteHiring #TrustSearch

It's been a long time coming myself and Ronald Diamond discussing 2024 Family Office Trends! In this video webcast (link below) we discuss: - Two-thirds of family offices have been created since 2000, are they truly prepared for turbulent times and conversely incredible opportunities (or have they grown soft in 'easy' times)? - Do family elders feel that Generation Z is ready?  - Should most family offices exist? - Lessons learned... I share mine, focus on identifying and executing on the RIGHT opportunity is far more important than wasting time, energy and resources on mediocre opportunities. - Ron shares insights into a single family office with a 60 person investment team  - How family offices can become the greatest direct investors (most will fail)  - Have private company investments surpassed public equities for most family offices?  - Competition and compensation for top talent in the family office  - Does Ron agree with me on family offices needing to be rigorous and fast?  - Why only great family offices want to be told the truth Click the below link to watch the interview! https://lnkd.in/efKp6hWQ #familyoffice #angelorobles #rondiamond #sfocontinuity #familyofficemasterclass #familyofficetv #sfo

‘war on talent’ Family offices are giving top staff equity and profit shares in battle for talent : offering lucrative shares of equity and deal profits to staff amid a growing battle for talent : Family offices are surging in size and number, and competing more directly with private equity firms and venture funds for top staff 1. Profits interest A profits interest gives an employee a share of upside in a deal or basket of deals 2. Co-invest A co-investment allows an employee or group to put their own money in an investment, effectively investing in a deal alongside the family 3. Phantom equity If a family office is too complicated, with dozens of trusts, partnerships and funds that make it hard to issue profit shares or co-investments, they can sometimes offer phantom equity — notional shares of a basket of assets or fund or company that track performance without actual ownership “There is a crowd effect” “The more family offices start offering it, the more employees expect it. You don’t want to be the outlier when everyone across the street is offering it”  

📈 Family Offices on the Rise – A Growing Focus on Alternative Investments 💼 The rapid growth of Family Offices has been remarkable in recent years. More than ever, these entities are exploring new strategies to preserve and grow wealth across generations, strongly emphasizing alternative investments like private equity, venture capital, and real estate. 🌟 Why the shift? The traditional investment models are being reconsidered as Family Offices seek higher returns, diversification, and long-term stability. This growing trend is reshaping the way wealth is managed, with more than 80% of Family Offices now investing in alternatives as part of their core portfolio strategy. ⚖️ As markets evolve and the investment landscape becomes more complex, Family Offices are leveraging these opportunities to stay ahead of the curve and maximize wealth for future generations. That’s where Ledgex comes in. Our comprehensive portfolio management and accounting solution is designed to streamline the complexities of alternative investments. With reporting, liquidity tracking, beneficial ownership management, and more, Ledgex provides the tools to ensure Family Offices can stay agile and fully informed across their portfolios. If you’re part of this growing wave or want to learn more about how these trends could benefit your portfolio, let’s connect! #FamilyOffices #AlternativeInvestments #WealthManagement #PrivateEquity #VentureCapital #RealEstate #PortfolioManagement #Ledgex Christopher McCoy Nicole Eberhardt Wendy McCoy Brian Nickerson John Kelly, PMP

The rise of family offices is reshaping the investment landscape and redefining what it means to be an asset class in their own right! With their growing influence and financial clout, family offices are making waves in the investment world. But what are family offices, you ask? They are private wealth management firms that cater to the ultra-wealthy families, handling their investments, finances, and overall wealth preservation. Why are family offices becoming the next big thing? Well, they offer a unique blend of flexibility, long-term vision, and personalized services. Family offices provide a strategic advantage by diversifying investments across various asset classes, including real estate, private equity, venture capital, and more. Moreover, family offices prioritize generational wealth preservation, ensuring a lasting financial legacy for the family. As the next asset class to surpass private equity, family offices are attracting attention from investors worldwide. Their ability to navigate complex markets and seize unique investment opportunities sets them apart. Keep an eye on the rise of family offices, as they continue to offer a strategic advantage in the investment world. #FamilyOffices #InvestmentRevolution #WealthPreservation #NextAssetClass #venturecapital #publicequity

Where one door closes, another door opens. With the market cycle changing, there are now plenty of interesting opportunities in the financial industry. The rise of Family Offices is one of these opportunities. Did you know that Family Offices now manage $6 trillion or more? And that there are over 2,600 billionaires in the world, almost all of them requiring a family office? There are now over 90,000 people in the world worth $100 million or more, which is the typical threshold for a family office. This means that there is more room to run. At Trustsearch International, we can become your partner in finding the perfect opportunity for your career in Family Offices. #FamilyOffices #TrustsearchInternational #NewOpportunities #FinancialIndustry

*Single Family Offices And The Talent That Mirror Family Values* *Collectively there is $708bn in Assets under Management (AUM) and $1.3tn in family wealth (SFO's) -Finding and retaining talent is a unique challenge and becoming at the forefront of successful Single Family Offices -The family behind the SFO needs to trust their staff implicitly on a 360 degree level -High turnover is acutely undesirable *There is a trend emerging for staff from Private Equity firms (PE) and these packages must mirror elite investment firms. *These individuals are managing on behalf of an average SFO $2bn in AUM *Long term outlook is becoming the main key in retaining these key hires and make them a part of the family - it's taking a holistic approach *American FO's resemble institutional investors, whereas European FO's place greater empahsis on cultural fit and legacy - particularly favouring speaking the native tongue of the family they represent and share similar values socially and in their outlook. -This is really emphasising the personal element reigns supreme to these big powerhouses. -For Gen Z, the next generation that wealth is transferring to there is an emphasis on tech knowledge and diversifying between different projects. *It will be fascinating to see these elements of securing and retaining top tier talent combined with a technological renaissance in the wealth management industry. **article summarised from Forbes

‘war on talent’ Family offices are giving top staff equity and profit shares in battle for talent : offering lucrative shares of equity and deal profits to staff amid a growing battle for talent : Family offices are surging in size and number, and competing more directly with private equity firms and venture funds for top staff 1. Profits interest A profits interest gives an employee a share of upside in a deal or basket of deals 2. Co-invest A co-investment allows an employee or group to put their own money in an investment, effectively investing in a deal alongside the family 3. Phantom equity If a family office is too complicated, with dozens of trusts, partnerships and funds that make it hard to issue profit shares or co-investments, they can sometimes offer phantom equity — notional shares of a basket of assets or fund or company that track performance without actual ownership “There is a crowd effect” “The more family offices start offering it, the more employees expect it. You don’t want to be the outlier when everyone across the street is offering it”  

🚨 The Global Surge of Family Offices: impact on Private Equity - The number of family offices worldwide surpassed 4,500 last year, with North America holding the majority at 1,682. - North America also claims over half of the total family office assets globally. - Family offices are estimated to manage $6 trillion or more, with a growing number of billionaires and individuals worth $100 million or more opting for family offices. - Private equity firms like Blackstone, KKR, and The Carlyle Group are expanding to cater to the growing family office market. - Family offices, traditionally focused on wealth preservation, now seek higher returns through investments in private equity, venture capital, hedge funds, infrastructure, and real estate. - Despite challenges in the past two years, family offices express optimism about the future, anticipating better returns in private equity and venture capital. - Private equity firms are aggressively targeting the family office market, expanding teams and services to meet the needs of wealthy individuals and sophisticated investors. - Blackstone's Private Capital Group, serving family offices, billionaires, and large individual investors, has doubled its team to 25 people and plans further growth to capitalize on the expanding opportunity. #familyoffice #privateequity

🌟 Mastering the Art of Long-Term Investing: A Family Office Perspective 📝 Imagine having the luxury of investing without the pressure of short-term performance metrics. That's the privilege enjoyed by family offices, where multi-generational wealth preservation is the ultimate goal. But with great power comes great responsibility – the responsibility to navigate tech disruption and capitalize on sustainable growth opportunities. 🔍 To thrive in this ever-evolving landscape, family offices must adopt a diversified investment strategy, rigorously research technological trends, and stay ahead of market dynamics. Prudent risk management strategies, such as portfolio diversification, asset allocation adjustments, and disciplined rebalancing, are essential to mitigate downside risks. 💡 By embracing a patient capital approach and focusing on companies with robust fundamentals, strong cash flows, and enduring growth potential, family offices can harness the compounding benefits of investing in disruptive technologies and sustainable business models over extended periods. 🤔 But the question remains: how can family offices strike the perfect balance between capitalizing on emerging opportunities and preserving their multi-generational wealth? Share your thoughts and experiences in the comments below. #familyoffice #longtermInvesting #wealthPreservation #diversification #riskManagement https://lnkd.in/gGhCbyKd 🗺️🏗️🏫🏪🏭🏬🏣🏢🏘️🏦 👋 I am Trevor Soon, 🏆 Top Real Estate Voice & Top 5% Realtor. 👨💼 Senior Leader Connecting Developers, Professionals & Investors for Growth. 💡 Empowering Real Estate Investment with Emotional Resilience. 🤝 Let's connect and explore how we can win together!