by Buddy Thomas Many of us understand the need for having a sound financial roadmap, but most wait until a major life event to lay one out. While planning for the handling of large profits or business sales proceeds is…
by Buddy Thomas Over the past ten years, the number of family offices worldwide has increased tenfold. What is driving this phenomenal growth? The answers...demand and technology. Demand is being fueled by the drastic decrease in the cost to run a…
by Buddy Thomas Beating the odds of “Shirtsleeves to Shirtsleeves in Three Generations” Around 2550 BC, the Great Pyramids of Giza were built thirty years apart by three generations of Pharaohs, evidence that supports the alarming statistic that 90% of…
Attributed to James E. Hughes, JR. “What is this thing we call ‘family’…families who see themselves principally as linked by genetic lineage, or by blood, rarely if ever…overcome the "Shirtsleeves to Shirtsleeves in Three Generations” proverb. —James E. Hughes, Jr. in…
by Buddy Thomas There is an old proverb from India about five blind men trying to describe an elephant. While together they accurately list all the features, their overall understanding of what they are encountering is incomplete. They lack the context of how the parts fit together…
by Buddy Thomas As more and more families realize the time and money savings, big-picture decision making, and peace of mind advantages of engaging a modern day family office, the demand for the service has outpaced the supply. After all, where…
by Buddy Thomas Family offices are more popular than ever? The advantages to a family are numerous, not the least of which is having one centralized point of oversight and administration to make major lifestyle cash flow, investment, and legacy planning…