Wilmington Trust’s Post

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

Morgan Stanley Identifies 6 Key Focus Areas for the Future-Ready Family Office. You can read Morgan Stanley's comprehensive report identifying essential focus areas and recommended steps for family offices to target growth more effectively.

Check out S2E22 of the FOXcast CEO Series, Making Sense of the Fast-Evolving Family Wealth Landscape! FOX CEO Peter Moustakerski sat down with Jamie McLaughlin, Founder and CEO of J. H. McLaughlin & Co., a management consulting firm focused on strategy and practice management for wealth management and investment advisory firms, private banks, trust companies, single- and multi-family offices. Jamie has enjoyed a long and decorated career in the wealth management and family office space, and being a history major, he has also written many excellent works on the history of the family wealth and family office industry. He tells the story, as he witnessed it, of how we the industry evolved over the past 30-40 years and paints an elaborate picture of our current industry landscape.   The family office field is enjoying unprecedented growth, and with that growth come different business and service models and a variety of advisory frameworks and practices. Jamie describes the different types of firms that exist today in the UHNW wealth management and family office space, comparing their origins and unique characteristics and analyzing the pros and cons of each model.   Don’t miss this in-depth conversation with one of the most experienced and respected thought leaders in the UHNW wealth management field.   https://lnkd.in/gHvijBjq #familyoffice #familyoffices #wealthmangement #uhnw

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

How Are Family Businesses In The Middle East Balancing Their Traditional Values With The Need For Innovation There is an especially large amount of wealth being transferred in the Middle East at the moment. This comes with some challenges as there are a lot of first generation wealth creators dealing with succession planning for the first time. There are also fewer advisors or practitioners with this type of experience and the jurisdictional nuances don’t make importing that expertise easy. In most cases its best to keep it simple and if it can be easily explained to all family members, even the kids, then it is generally an approach that will work. F Partners Read The Full Article Here: https://lnkd.in/ePNyQ9bU #singlefamilyoffice #familyoffices #familyoffice #privateinvestors #privatemarkets

✍️This article provides a great oversight of an important question a lot of high-net-worth individuals find themselves asking: Should I choose a family office or a wealth management firm to manage my money? 💹 Truthfully, both have their advantages. Family offices offer highly personalized services, while wealth management firms bring scalability and access to a wide range of investment options. 💹 Ultimately, the choice is a personal one. #FamilyOffices #WealthManagement #FinancialStrategy

The role of family offices is integral to managing substantial wealth across different geographic locations. As the world becomes increasingly interconnected, the importance of having a trusted family office partner by your side cannot be overstated. Feel free to check out the article for a deeper understanding! #FamilyOffice #WealthManagement #GlobalWealth #TrustedPartner #FinancialInsights

In this post, Claudia Marmolejo explores the challenges facing family offices worldwide and the critical infrastructure they must have to prepare for the upcoming generational wealth transfer. https://ow.ly/CWuX50TqFfm #oneiqeq #familyoffices #wealthtransfer

Family Offices are experiencing exponential growth globally, according to a Preqin report. Our latest article discusses the surge in the Family Office and the key drivers behind it. Stay ahead with insights on wealth preservation and succession planning. Explore our analysis and see how Agreus can support your Family Office's ambitions.   Read the full article on our website for more details. https://lnkd.in/eRHW4WRu   #FamilyOffices #FamilyOfficeRecruitment #WealthManagement #Agreus

In a recent InvestmentNews article, Elizabeth Anderson, CEPA, Vice President of Business Development, highlighted the primary challenges ultra-high-net-worth individuals (UHNWIs) faced and explained how a multi-family office can provide greater value than a single-family office. Anderson detailed how Whittier Trust’s multi-family office approach empowers clients to pursue their passions with the confidence that their wealth management needs are expertly handled. Learn more by reading the full article here: https://lnkd.in/gXsywpvZ #WhittierTrust #TrustWhittier #WhittierTrustInsights #investmentnews #wealthmanagement #multifamilyoffice