All articles by Paul Golden
Paul Golden
How banks can compete with family offices
With the family office concept gaining traction outside its traditional heartland of the US, private banks are under pressure to present themselves as a better option for wealthy families The private banking sector has taken a hammering over the last couple of years, at the same time as providers of family office services have been promoting themselves to a wider audience
Understanding what makes family wealth tick
High net worth families are almost invariably reluctant to share wealth management strategies, which makes the efforts of Family Office Exchange to promote best practice all the more laudable A lack of specific research on the family office industry is one of the reasons organisations such as Family Office Exchange are gaining traction
Family offices gain appeal with bankers
The appeal of joining family offices is increasing as pay gaps with private banks narrow on the back of increasing numbers of ultra high net worth family groups, especially in emerging economies