Family offices

It’s important to have intergenerational conversations with clients and their families.

An array of personal experiences has helped them solve problems for physicians from the Middle East, colonels in the U.S. Army and professional athletes from Compton, the authors write.

Beryllus Capital will provide investment management, banking and real estate advice.

Whitnell & Co. changed hands in a deal with a regional bank that also struck a strategic partnership with the wealth manager.

“The expectation of sustained volatility in the medium term has re-invigorated hedge fund appeal,” BlackRock and Juniper Place said in their report.

About 6% of the country’s family offices have more than $5 billion of assets under management, while roughly a third control $500 million or less.

Opportunities to win UHNW clients abound, but so do challenges, experts tell advisors at the Schwab Impact conference.

"The more objective you can make things, the better it will be," an expert says.

The firm has its origins as a family office founded by John D. Rockefeller in 1882.

The boardroom advice team meeting, once reserved for the wealthiest, is an option advisors can offer to more clients thanks to increased digitization.