As your family office continues to grow, and you have more complex legal issues to deal with on an ongoing basis, it may be time to consider going “in-house”. In-house counsel can handle almost all of your business and personal matters and even identify potential problems before they occur to prevent them from happening. The… Read more »

Typically, a CFO may be the first “C” level executive that a family office hires. In the past, many family patriarchs or matriarchs would take care of the investments, capital calls, cash management, due diligence, deal flow, strategic planning, and other finance and human capital issues. Currently, in this highly sophisticated business climate, they have… Read more »

Family offices are growing both domestically and internationally. As newly established family offices and existing family offices continue to grow and expand, there are many questions about what the framework of a family office should look like. One essential position that needs to be addressed for all family offices is the Chief Investment Officer. When… Read more »

One of the fastest growing segments of the investment world is Family Offices. They have significant amounts of money and are more interested than ever in direct investments, acquiring companies throughout the world and establishing their own investment funds. They are most interested in purchasing privately held businesses, and they are hiring the most talented… Read more »

The most effective weapon against sexual harassment is prevention. The burden of preventing sexual harassment lies with the employer. Employers are responsible for providing employees with a work environment that does not discriminate and is truly free of harassment. By law, each employer is required to put in place measures to prevent and deal with… Read more »

There is no boiler plate method of measuring the performance of your philanthropic investments, however we can identify a philanthropic strategy to ensure that your success is aligned with the organization that you are making contributions to. The first thing you should ask is what do I need to know about the organization that I… Read more »

A new feature of the tax code passed by Congress late last year allows investors to defer or avoid capital gains taxes when they invest in designated under-invested areas, called “opportunity zones” until 2026, as long as ninety percent of their investment stays in the designated low income communities. An opportunity zone is a low… Read more »

There is a significant trend for Family Offices towards Impact Investing. One of the key reasons for this trend is the desire to align family values with investment decisions. Impact investing is an investment approach that looks to generate both financial returns and have a social impact that can be measured as well. While this… Read more »

Why are Single Family Offices hiring Chief Investment Officers and what are the challenges they are facing? With the significant growth in family offices and the increase in their wealth, they are looking to bring in more investment talent. The challenges that they are facing are the lack of available talent and how to compete… Read more »

Most recently Leon Cooperman, decided to close down his hedge fund, Omega Advisors, Inc and start a family office. Steven Cohen of SAC Capital Advisors also converted his hedge fund to a family office. The primary reason that Leon stated was because he didn’t want to spend the rest of his life “chasing the S&P… Read more »