Even extreme wealth isn’t guaranteed to span the generations. In fact, roughly 70 percent of families will see their wealth disappear during the second generation’s reign. Family offices can do a lot to prevent this, particularly by paying more attention to the kids. Catering to the kids isn’t just a smart strategy to help the…
How Does Big Data Apply to Wealth Managers?
One of the most extensive conversations recently with the current drop in the stock market is regarding big data and how managers in the financial industry are profiting from using big data systems. This has created a buzzword in many sectors, but aside from it having a lot of influence, there are a lot of…
A Good Family Office Software helps with Effective Budgeting and Financial Planning
There has been considerable growth in the number of family offices in the US and North America, and this trend is expected to continue. Some family offices exist mainly for wealth management and preservation, while others offer a variety of services, including philanthropy, investments, portfolio management, tax planning, bookkeeping, estates planning, and generational wealth transfers….
Major Trends in Fund Administration
The Growth of Fund Administrator Business Fund administrations are firms that provide a wide range of back-office services to different kind of funds. They execute all those activities necessary for the existence of the fund, but that are not related with the management of investments. This sector has benefitted from the general growth of its…
How Investment Strategies Change Over Time
With the current economic climate, there are many things to consider when it comes to investing, but one of the main things to understand is how investing, in general, can change over time and the why behind it. Investment strategies are the secret equation that some investors hold to, but even the best investors tend…
How Does Your Firm Measure Client Satisfaction?
Whether you run a single-family or multi-family office, it can be tough to ensure that every generation feels as if its needs, priorities, and expectations are being met. One of the simplest ways to ensure smooth wealth transfers and for clients from every generation to feel valued is to measure client satisfaction consistently. Your firm…
IT Infrastructure Guidelines
FundCount can be deployed on-premises, in private cloud, or as a fully managed solution hosted by Digital Edge. The IT infrastructure guidelines in this brochure apply to FundCount core software and addon modules deployed on-premises or in a private cloud. To learn more download the brochure now!
The Benefits of Creating a Trust
When it comes to creating generational wealth one of the first things considered is creating trust. This asset allows for individuals to pass on wealth through many generations and build upon itself which in return nets the executor of the trust the ability to utilize its funds. This also allows the creator to add in…
ESG and Hedge Funds: Cautions and Opportunities in Sustainable Investing
If you run a hedge fund, you’re undoubtedly aware of ESG, which stands for Environmental, Social, and Governance. With over $120 billion estimated to have flowed into ESG investments in 2021, this trend continues to gain momentum. Formerly the terrain of social activists, ESG has now taken center stage in the financial world as well….
