Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy.

Latest research shows less than one-third of family offices are using quantitative models to determine asset class allocations and position sizes. At the same time, equity allocations remain unchanged.

Latest research from digital consultant Capgemini shows Australia's high-net-worth individual (HNWI) population is growing, with more than 20,000 Aussies joining the fold in 2017.

Latest family business research from KPMG shows that business families with high socio-emotional wealth are more likely to keep control of the business within the family.