Succession planning - preparing the next generation for leadershipBY JOHN BROONS | WEDNESDAY, 28 FEB 2024 4:41PMAs an experienced Family Business Advisor, I understand the unique dynamics, joys, and challenges of passing the torch to the next generation.
If you must panic... panic earlyOur emotions of fear and panic are part of making a good decision. If you don't know that there is some bad outcome which you should avoid, you cannot ... Father knows the bestA fish-and-chip shop or an ASX-listed giant - businesses owned by families span the economy. They are often innovative but must look outside their expertise ... Dealing with winners in practiceThis is an excerpt from the annual memo from Oaktree Capital Management's Howards Marks. It summariises a typical chat between Marks, a value investor ... GameStop: The zeitgeist of 2021If the short squeeze on GameStop tells us anything, it is that the craziness of 2020 continues. For those readers not familiar with the brouhaha (there ... Neighbours inherit waterfront estateIn Moore v Aubusson [2020] the plaintiff couple sought a declaration that the defendant executor held the whole of the deceased's estate on trust for ... Mistreated parent and loss of inheritanceCan a child treat his/her parent badly and still expect a share of the parent's estate? This latest case highlights the answer. When friends become familyWhen we think of family provisions claims that are made against a deceased person's estate, we often think of the sister who was left out of the will ... Lessons for endowments from COVID-19The COVID-19 pandemic and accompanying volatility is forcing endowments to rethink how they invest, govern and grant. Kanika Sood reports on the latest ... Three tax tips for inheriting propertyInheriting property has the potential to significantly change your life - so make it count! In this article Perpetual Private senior manager of strategic ... Managing currency in a volatile marketSince the Global Financial Crisis, Australian investors have gradually increased their exposure to overseas markets and in many cases become complacent ... |
Latest News
Family offices still love hedge funds: Preqin
The number of family office investors allocating to hedge funds increased by 10% from 2022 to 2023, and has doubled since 2015, according to new research by Preqin.
HNWI collecting activity stoops: Knight Frank
Despite a slew of record-breaking sales, luxury investment markets weakened in 2023, according to the Knight Frank Luxury Investment Index (KFLII).
Global economy to grow at a slower positive rate
Members of the Wigmore Association family office network, including Mutual Trust head of investment solutions Simone Rouse, believe that the global economy will continue to expand in 2024, albeit at a slower pace than in 2023.
US family office launches Australian arm
The Asena Family Office (Asena) has officially set up shop down under, merging with Melbourne-based boutique family office and asset management firm Giles Wade.
Cover Story
Wealth with purpose
PHIL HARKNESS
CHIEF EXECUTIVE OFFICER
MUTUAL TRUST PTY LTD
CHIEF EXECUTIVE OFFICER
MUTUAL TRUST PTY LTD
In the realm of Australian family offices, a stark reality emerges: 70% risk dropping the ball on wealth transfer. To curb this trend, Mutual Trust chief executive Phil Harkness and head of strategy Tracy Conlan are dedicated to helping clients create and preserve purposeful multi-generational wealth. Chloe Walker writes.