Family Office Buzz

Shocking growth of an $800k trust in 27 years. 'Britain has gone to hell'. Old money warming up to crypto. Asian family offices eyeing US locations. AI security risks.

FAMILY OFFICE BUZZ

A weekly collection of family office news and highlights. Included this week:

  • The shocking (lack of growth) of an $800k trust in 27 years

  • 'Britain has gone to hell' according to one of its richest

  • Old money is warming up to digital assets

  • Asian family offices eyeing locations in the US

  • Security risks of family offices using AI tools

𝕏 highlights

A fascinating long-read on the AI tsunami; the implications for every-day life, jobs and investments. Whatever you think is coming next, this is an incredible piece.

'Britain has gone to hell': UK’s ninth richest man moves business out of London.

Can wealth management and civil engagement co-exist?

A cautionary tale about how an $800k trust grew to just $1 million in 27 years.

Is New York turning its back on capitalism?

in LinkedIn highlights

Family offices hiring from each other.

The security risks of family offices using AI tools.

Asian family offices leading in succession planning.

📰 family office news roundup

$4 Billion Hong Kong MFO Makes Crypto Foray. How a heavyweight Hong Kong family office is dipping into crypto, buying Bitcoin and Ethereum after years on the sidelines. They may be treating it like venture risk, but it’s a sign old money is warming up to digital assets - Bloomberg

Family Office “Expert Generalist” In Focus. Why “expert generalists” are increasingly popular - the people who can switch hats between strategy, operations, and investing without missing a beat. And how long-term incentive plans are evolving to keep these expert generalists around - Family Wealth Report

German Family Office Betting Big on Trump’s Favorite Climate Tech. Joachim Ante, the gaming tech mogul, pivots his family office into geothermal energy through Underground Ventures, convinced that geothermal is the next big thing, but it’s a high-stakes gamble - Sifted

Asian Family Offices Expand US Footprint. How Hong Kong’s Andon Family Office is setting up shop in New York, joining a wave of Asian wealth firms chasing US investments and dollar stability. Feels like everyone’s hedging their bets against regional uncertainty - South China Morning Post

How Family Offices Should Tackle Hiring, Retention Challenges. Why family offices are struggling to attract and keep talent, as they can’t match big-firm perks or clear career paths. Getting creative with incentives and defining roles helps - Chief Investment Officer

🍾 Living Large

The ultra high-end spas leaning into science-based treatments more than ever before - Robb Report

Last Friday’s newsletter on the filmmaker documenting family legacies generated a lot of interest - if you missed it, give it a read here.

Until then, see you on 𝕏 or LinkedIn.

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