Providing the right financial reports to Ultra-high-net-worth (UHNW) families is a challenging task as it requires excellent data crunching capabilities, and deep-level understanding of complex investments and ownership structures. Moreover, one-size-fits-all strategy doesn’t work, considering different families have unique financial goals and investment preferences. With varying reporting needs, it is worth considering the following while […]

The financial world is changing and it’s replete with risks. With stringent tax structures, differences in opinion between the current and next generation of leaders, a shortage of talented professionals, rising terror of cybersecurity issues, and increasing geopolitical tensions makes it challenging to judiciously allocate resources and identify the best investment strategies. Therefore, risk management […]

As per a report by Deloitte, the wealth managed by family offices globally is estimated to touch USD 9.5 trillion by 2030. This makes it critical for Single Family Offices to select the best investment management software. The key advantages are: 1. Gain a complete view of your family’s net worth. 2. Automate financial processes. […]

A recent report by Deloitte reveals that family offices have increased from 6,130 in 2019 to 8,030 in 2024, and this number is estimated to cross 10,720 by 2030. This increase indicates that high-net-worth families are growing globally, which means the demand for professional investment advice and wealth tracking software solutions is going to hit […]

In today’s fast-changing world of wealth management, family offices play a significant role. They focus on the unique needs of ultra-high-net-worth families, handling about $5.9 trillion in assets worldwide. This astronomical growth shows that more families want financial services specially designed to fit what they need. A guiding framework that many family offices find invaluable […]

Warren Buffett, the iconic chairman and CEO of Berkshire Hathaway, once said, “Only when the tide goes out, do you discover who’s been swimming naked.” Essentially, what he meant is that strong markets can make even poor investments look good. But, let’s face it, when the market turns volatile, the true risks of these investments […]

Family offices, which help ultra-high-net-worth (UHNW) families to manage their wealth, have changed a lot over the years. Until a few years ago, they used to mainly keep track of family assets, but now they handle big, complex investments worldwide, often worth billions, especially with the recent growth in tech and other industries. As their […]

Tracking wealth for family offices has become complicated with an increase in the number of asset types and the geographies it is spread across. Therefore, to keep a tab on your performance, it’s extremely important to focus on three key areas: the assets you have full knowledge about (known knowns), the uncertainties you haven’t fully […]

The financial affairs of Ultra-high-net-worth (UHNW) households are managed by family offices that handle large and varied portfolios made up of real estate, private equity, and alternative assets. Since financial data are collected from multiple sources and varied systems, many problems arise, such as fragmented data and inefficiencies in financial reporting and accounting. As a […]

A family-office expert and G2 family member offers guidance on governance  Despite two financial crises and a profoundly disruptive pandemic, global wealth swelled to $418 trillion in 2020, up from $118 trillion in 2000. To navigate this surge, a record number of UHNW families have opened family offices to oversee their assets, manage their investments, […]