Fresh Thought Leadership from the Institute Community

The Institute would like to highlight the following pieces of recent thought leadership from leaders within the UHNW Institute Community.

 

Book: NEW Edition

Family Wealth Management: Seven Imperatives for Successful Investing in the New World Order (2nd Edition)

Authored by UHNW Institute Board of Directors Member Tom McCullough (Northwood Family Office), and Mark Haynes Daniell (Raffles Family Wealth Trust), this comprehensive second edition addresses the intricate challenges of managing family wealth. It emphasizes balancing family and financial goals, structuring financial assets and educating family members in wealth management. The book’s seven imperatives provide a step-by-step framework for developing unique investment strategies and achieving family objectives, serving as an essential reference for wealth managers globally.

For this book and more resources like it, members can visit the Resource Library, here.

 

Article:

Family office “advice is often like gas station sushi…there’s something not right”

The UHNW Institute and the Ten Domains get a mention in a recent Family Capital interview featuring Edward Marshall, Advisory Board Member of The UHNW Institute and global head of Dentons Family Office. Managing over $7 trillion globally, the rise of family offices has exposed significant governance risks. Marshall notes that many family offices suffer from “scope creep” and ineffective guidance from advisors who overextend their expertise, highlighting the need for transparency, proper benchmarking and information sharing among families for effective risk management. Marshall also emphasizes the difficulty in hiring the right talent and the importance of process, methodology and mindset in enhancing outcomes.

 

Members can read and comment on the full article within the Community Forum here.

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