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Impact Investments and Aligning Family and Family Office Interests: Q&A With Michael Tiedemann

When Carl Tiedemann established Tiedemann Advisors in 1999, he wanted to offer clients two things: the freedom to fire their trustee and the flexibility of being deeply involved in the investment planning process. Tiedemann believed the lack of these two critical elements were the underlying reason for his own family’s experience with trustees and wealth managers since the turn of the 20th century.

Grappling With Succession in a Family Business: Q&A With Wells Fargo’s Chris Pegg

Succession planning across multiple generations is likely to be one of the biggest struggles of managing a family business. Research from consulting firm Ernst & Young suggests that 80% of companies will change management within a given 10-year period but 62% have not yet picked a successor.

African Nations Top List of High-Net-Worth Growth

Cheryl Howard Managing Director Maitland Fiduciary Services, South Africa With its immense natural resources, young population and support from China, Africa is expected to create wealth at a record pace for the ...

Is Private Equity Getting Overheated?

Private equity has had a stellar run for the past 20 years. PE assets under management total more than $2.8 trillion, with nearly half of it in buyout funds, according to Consultancy.uk. At the same time, deal multiples, leverage ratios and the amount of uninvested capital in the private equity industry is at historic highs, according to a report published by the Boston Consulting Group (BCG). All this may indicate an industry that is overheated, overcrowded and that there is too much capital chasing too few investment-worthy assets.

Family Offices Face Competition in the Hunt for Talent

As wealth continues to grow globally at a brisk pace, the hunt for qualified talent among family offices and the wealth management industry as a whole has intensified. Meanwhile, EY reports that the number of family offices has increased from just 1,000 in 2008 to more than 10,000 today.

Investors Pursue Unconventional Real Estate Assets

Frank Rolfe Co-owner Mobile Home University Family offices and institutional investors are increasingly making contrarian bets on unconventional real estate assets. Mobile home parks, billboards and forestland are ...

Selling the Family Business: Letting Go While Preserving a Legacy

“I’ve worked in the company for the last 42 years. And I never until this year even imagined the possibility that we might think about selling.” That’s what Don Graham, the head of the legendary Washington Post, told reporters shortly after he announced the sale of the family business to Amazon CEO Jeff Bezos.

Is Fine Art a Good Investment?

In 2005, a consortium of art dealers paid $10,000 for a damaged painting at a New Orleans auction. What the dealers initially described as one of many copies of a long lost masterpiece by Leonardo da Vinci turned out to be the original Salvator Mundi or Savior of the World.

Beating the Third Generation Curse

German immigrant Bernhard Stroh came to America in 1849 armed with little more than a recipe for making beer. The beer was so popular that he set up a brewery shortly before the First World War. By 1980 it had grown to become America’s third largest beer company. At its height in the 1980s, the Stroh family’s wealth was estimated at $9 billion by Forbes. It was all lost by the early 2000s.

The Unique Investing Approach of Indian Family Office RNT Associates

Image Credit: economictimes.indiatimes.com After 20 years of leading India’s largest family business, Tata Sons’ Ratan Naval Tata took a surprising step after retirement. He set up family office RNT Associates as a private investment vehicle to invest in startups eme...