Editor’s Corner: A Leap Forward
Bob Casey, Editor in Chief, shares insights on the exciting announcement that Columbia University’s School of Professional Studies will begin offering its new Master’s in Wealth Management program this year.
The 10 Domains of Family Wealth Supplement
In this white paper, the Institute provides a detailed look at the 10 Domains of Family Wealth framework. It includes a conceptual graphic of the domains and detailed lists of the knowledge base and skills needed to provide excellent client advice within each domain. The paper also offers a case study (the Medford Family) demonstrating the role of each domain in the lives and journey of an UHNW family.
Editor’s Corner: A Defining Moment
New: The Editor’s Corner column will start appearing regularly here on the Institute web site. It will feature background and commentary about Institute activities and members, as well as interviews with thought leaders. Your feedback is welcome.
UHNW Institute Maps Family Wealth Territory
The UHNW Institute has been working on a methodology spelling out what advisors should know in order to work more effectively with ultra-wealthy families, taking the level of expertise and area of competence to a new level.
The UHNW Institute Releases Framework for Services to Ultra-Wealthy
NEW YORK, May 4, 2020 — The UHNW Institute, a leading non-profit think tank, today released a comprehensive intellectual framework intended to fill a major knowledge gap in the delivery of wealth management services to ultra-wealthy families.
The Essential Roadmap: Navigating Family Enterprise Sustainability in a Changing World
Dr. Fredda Herz Brown’s latest book, The Essential Roadmap: Navigating Family Enterprise Sustainability in a Changing World, helps readers to navigate the twists and turns of successfully sustaining a family-owned enterprise.
Borrowed From Your Grandchildren: The Evolution of 100-Year Family Enterprises
Borrowed from your Grandchildren is a look at how large, long-lasting business families succeed across generations and is based on interviews by Jaffe with 100 large, global families who have passed their 3rd generation of business together.
Demystifying Risk Management For Family Offices
With 20% of family offices having been a target of a cyberattack, security and privacy are more important than ever. Author, family office subject matter expert and The Institutes’ Director of Associate Membership, Edward V. Marshall, demystifies risk management for family offices, outlining best practices and offering tips to avoid common pitfalls.
COVID-19 AND DOMESTIC STAFF
Busy households and properties can be difficult to manage without a national crisis, but the easy transfer of infection with Covid-19 combined with the need for daily service staff can be highly emotional and exhausting for many homeowners.
Responding to the Crisis: Business as Usual or New Behavior for Family Businesses?
The current crisis is turning everyone’s world around in ways that couldn’t even have been anticipated a few weeks ago. After a half century of talking about the pace of change speeding up and the many innovations that are reorganizing our behavior, now we suddenly have come upon a situation that makes it impossible not to change. We simply have no way to plan for what to do next, or how to manage the pace of the upheaval. And yet every day we must act, and even make some tough choices, without any real information about what’s the best direction to take.