Family offices

The Treasury will soon crack down on valuation discounts. Here’s what it means for your ultrahigh-net-worth clients.

Entering his fourth year in the business, Evan Savarick explains why joining his father’s team was the right move.

The goal is to make clients appreciate the value of services being offered.

As the go-to financial expert, you will probably be asked for advice. Here’s what to tell a prospective seller.

"Clients that are buying your services on price are clients that you don’t want," says consultant Jamie McLaughlin.

The wealthier the family, the trickier it can be to interpret their finances. A modern investment management platform can alleviate the need for manual number-crunching.

Advisers, get ready to track — and secure — client information streaming in from physical properties and a vast array of accounts.

The dingy office, even one that provides excellent service, faces an uphill battle.

A Fidelity survey reveals who made what in one of the industry's most opaque segments.

Founders are the biggest offenders when it comes to ignoring these procedures.

Is it time to take a closer look at private foundations?

Multifamily office CEO Joe Votava cites work conflicts and family issues in his decision, while critic suggests the Camarda lawsuit is driving off leaders.

The elite Bank of America brokerage unit created a new executive role to oversee philanthropic services.

'Financial advisors' insights are critical in helping the family offices evaluate and execute their next steps,' says Julia Cloud, national managing partner, private wealth, for Deloitte.

Worldwide, the number of people with $30 million or more to invest -- the kind of folks who would hire a family office -- rose 15.6% to 128,300 in 2013. See which firms manage the most assets.

Researchers in Bethesda, Maryland, have spent eight years developing a handheld device to quickly assess potential brain trauma in injured U.S. soldiers and athletes with concussions.

Market Street will hardly be the only new kid on the block fighting for market share in New York.

AUM drops 31% as more top brass depart, with parent SunTrust filling executive ranks with veterans of the bank.

Family office execs report a rise in direct investments and so-called club deals as hedge funds fall out of favor. ''Families want to be in control," says one consultant.

Wealthy clients who frequently request services beyond traditional financial planning can create a challenging balancing act for advisors who serve this highly sought-after client base.