Issue 30, May 2016 – Rise of the Family Office

Issue 30, May 2016 – Rise of the Family Office

With more business families ascending to wealth around the world, finding solutions to manage fortunes responsibly has become paramount, leading to the proliferation of the wealth management structure known as the family office. Our 30th issue has a special feature dedicated to single and multi-family offices, where we explore the history of the first type of family offices, before learning how some of the biggest family businesses are utilizing the family office to manage and grow their legacy.

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Interview with Soren Lynggaard, CEO and Michel Normann, COO of Ole Lynggaard Ole Lynggaard Copenhagen is one of the largest fine jewellery workshops in Northern Europe, employing more than 40 goldsmiths. In 2008 the firm was appointed Purveyor to the...
Interview with Bilal Ballout, Co-Founder, BMB Group BMB Group is one of the largest Chocolate and Arabic sweets manufacturers in the MENA and GCC Region. With operations in the UAE, Qatar, and Saudi, BMB employs over 1,000 people and last...
By Jan van Bueren, Senior Wealth Planner at Union Bancaire Privée (UBP SA) and co-founder of FOSS Family Offices Service Switzerland It is often assumed that the acclaimed American family, the Rockefellers, pioneered the family office in the late 19th...
Interview with Cagatay Ozdogru, CEO of ESAS Established in 1966 by Haci Omer Sabanci and his six sons, Sabanci Holding is now the second largest industrial and financial conglomerate in Turkey. The Sabanci family still own 61%; the remaining 39%...
Interview with Adib Rashid, MENA Family Business Center of Excellence Leader, EY As more family businesses in the Middle East are looking to structure their wealth and manage their shareholder needs, family offices are on the rise as a proposed...
A recent study of 800 companies in Latin America by Exaudi Family Business Consulting shows that family businesses are at the helm of private sector growth in the region. To manage their wealth and safeguard their legacies many families...
Every year multiple reports are issued on single and multi-family offices around the world. Here is a compilation of the most striking facts and figures about family offices: There are at least 3,000 single family offices in existence globally and at...
Interview with Frédéric Jastrzebski, CEO, Maison Tamboite Tucked away in a quiet Paris courtyard, a revival is taking place. Luxury bicycle brand Maison Tamboite had closed down in the 1980s after decades of acclaim and an illustrious customer list including...
Interview with Blake Hobson, Co-owner, Image Industries Illinois-based family company Image Industries has been in the business of stud-welding since 1976. Second-generation siblings Blake and Stacia Hobson are now pushing their father’s business to the next level with continuous innovation...
Interview with Dr. Claire Seaman, Reader in Enterprise and Family Business In Scotland, SMEs account for 99.3% of all private sector enterprises and 63% of those are family businesses. This year, after close collaboration with the Edinburgh business community, Queen...
Interview with Joseph Okelo, Association of Family Business Enterprises (AFBE) Joseph Okelo is a second-generation family business member. Prior to working in the family business, he was a senior manager in a global corporation, but now he works as a Director...
How revolutionary Artificial Intelligence technology is changing everything we know about e-commerce It’s the year 2020 and you are about to buy the newly released iPhone 10. Instead of logging on to Amazon.com or downloading the Amazon shopping app, you...