Like a bossBY KANIKA SOOD  David Orford made his fortune with his financial software company Financial Synergy which reaped him $73 million when it sold about three years ago. He spoke to Kanika Sood about how he approaches investing in his personal life, philanthropy and his next adventure.
 Wealth with purposeIn 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 ...  The founder mentalityBillionaire tech entrepreneur Richard White has achieved success through his ability to instill and leverage a founder's mentality. Now, he hopes to expand ...  Making a differenceCamp Quality chief executive Deborah Thomas is tapping into her extensive media and leadership experience to find new avenues of fundraising for the children's ...  Home grown2028, New South Wales. It's a postcode synonymous with beauty, wealth, and luxury. Some even call it Sydney's answer to Rodeo Drive. But to Pallas Group ...  All about arbitrageHe was brought up in a fortunate South African family. Now Shaun Sergay and his team are disrupting the antiquated bank guarantee process, by reducing ...  Time to shineIf there's one thing diamonds are known for, it's their unmatched brilliance. Black Diamondz founder Monika Tu has forged her own path in Sydney's luxury ...  Eternal optimistFrom humble beginnings in war-torn Lebanon, EG Funds Management co-founder Adam Geha has built a life his younger self would envy - not to escape it ...  Out with the oldVenture capitalist Mark Carnegie was born into a wealthy and successful family and is attune to his exceptional privilege. Here he shares with Elizabeth ...  Art and moneyTim Olsen opens up on his sense for business and his investments, something he is at times reticent to discuss given the complex relationship between ...  The wellness millionaireRadek Sali joined the ranks of Australia's wealthiest when his former company Swisse Wellness was acquired. The family office investor talks to Kanika ... |
Latest News
Wholesale investor tests up for parliamentary review
The federal government wants to shake up the wholesale investor tests further in launching a parliamentary inquiry into the entire framework, worrying many fund managers operating in the high-net-worth space.
ACNC tightens screws on NFPs with complex corporate structures
The Australian Charities and Not-for-profits Commission (ACNC) announced it will focus on the misuse of complex corporate structures this year.
Luxury fashion house sued over Birkin bag sales
Hermes is facing an antitrust class action which alleges it only allows customers with "sufficient purchase history" to buy the infamous Birkin handbags.
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.
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.
Expert Feed
Investing for impact loses some appeal, more education needed
While the appeal of impact investing declined in 2023, with investors generally less willing to give up returns in order to make an impact through investing ...
Family office use of wealth manager predictions
As part of my role on the investment committee for various family offices, I regularly interact with wealth managers.
Succession planning for family businesses
The greatest wealth transfer in history-from Baby Boomers to younger generations-is underway.
Why affluent families are flocking down under
Australia has regained the top spot in New World Wealth's 2023 list of destinations forecast to enjoy the highest net inflows of high-net-worth individuals ...
