What is the wealth for?BY MICHAEL KARBOURIS | MONDAY, 10 AUG 2026 4:39PMAn estimated $83 trillion will pass between generations over the next two decades.
![]() Investment pursuits of passionAmid volatile markets and the search for tangible value, collecting 'treasure' may seem less like a childhood fantasy and more like a sensible investment ... ![]() "If it becomes necessary" time?The more equities drop, the more we get closer to "if it becomes necessary" time for our friend Ben to provide some stimulation. ![]() The journey beginsWelcome to the first issue of FS Private Wealth - The Journal of Family Office Investment. ![]() The good, the bad and the whateverThere's good news to stir the animal spirits among the bulls, bad news to keep the bears on the pounce and news we can classify as 'whatever' to keep ... ![]() S.O.S"So when you're near me, darling can't you hear me S. O. S. The love you gave me, nothing else can save me S. O. S. When you're gone How can I even try ... ![]() Carbon blast from the GST pastWe've witnessed the same arguments -- pros and cons, winners and losers - and scares before, during and after the GST (goods and services tax) was introduced ... |
Latest News
Family businesses turn to external chief executives: Deloitte
While family members will largely remain at the helm of family businesses post-succession, a Deloitte Private report anticipates a meaningful shift globally, with more businesses preferring outside professionals to step into the chief executive roles.
MST Financial broadens services to Alder & Partners
MST Financial has broadened its services for Alder & Partners Private Wealth Management, providing "institutional-grade investments" across managed accounts, asset allocation and research.
Australia welcomes 25k to millionaires' club: UBS
Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the latest UBS Global Wealth Report.
Family office succession takes back seat to investments
While family offices have investment strategies down pat, the state of their succession plans paint another story, which reports suggest could undermine a seamless transfer of a vast amount of wealth.
Further Reading
Cover Story

Generation next
JAMES GOWING
FINANCE DIRECTOR
GOWING BROS LTD
FINANCE DIRECTOR
GOWING BROS LTD
To sustain a successful multi-generational business and legacy requires investment acumen grounded in strong family values. As part of the rising generation at Gowing Bros, executive director of finance James Gowing is helping position the 158-year-old company for the future. Karren Vergara writes.










