When I first heard of a family office, I thought it was a fancy way of saying a family business. Boy, was I wrong! Family offices are a way for families to manage their wealth – as if that wealth was a business. This can include managing family investments and companies, estate planning, education planning, vacations, and philanthropy.
The report is the 27th annual world wealth report by Capgemini Research Institute. The report analyzes the state of wealth and wealth management across the world in the prior calendar year. The report focuses on High Net Worth Individuals (HNWIs) defined as individuals with assets of $1M+ and over.
What are key findings from the article?
By Elisa Shoenberger
Asking for a major or transformative gift is a little bit like asking someone to marry you. You’ve (likely) been dating one another for a while and know quite a bit about your respective interests. Maybe you’ve discussed marriage; perhaps you haven’t. Ideally, you have an idea that the other person will actually say “yes.”
But timing is everything. You probably don’t want to ask your beloved to marry you when they are dealing with their dying father or in front of a crowd of people if they’ve told you that public proposals are not their thing. Maybe you want to ask their father and/or mother for their hand in marriage. The way you approach the proposal may say a lot about the response.
Read More »Strategic Research for Transformative GiftsWhat is this Report? The report is the first World Ultra Wealth Report that is published by Altrata. It’s the… Read More »Reviewing the World Ultra Wealth Report 2022
By Elisa Shoenberger What is this report? The World Wealth Report is an annual report about the wealth of high-net-worth… Read More »Get Personal and Deliver Impact: Reviewing Capgemini 2022 World Wealth Report
Just in case you are not experiencing soaring temperatures outside, let me remind you that it is officially summertime. And… Read More »Off the Shelf: The Best of Aspire…and Beyond
In April 2021, Forbes reported that billionaires’ wealth increased by 35% (or $1.2 trillion) since January 1st, 2020. Now compare… Read More »Book Review | The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions
“Philanthropic activity is now cited regularly as one of the main interests of the global ultra-wealthy population.” -World Ultra Wealth… Read More »The World’s Uber Wealthy, at a Glance
By Elizabeth Eck “North America accounts for 31.3% of global HNWI population and 28.2% of wealth. The HNWI population in… Read More »What’s New in the 2018 Capgemini World Wealth Report