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

Billionaire heirs trying to escape family shadow
Our obsession with rich lists is a problem
New BNY Wealth report on legacy planning
Great Wealth Transfer greatly exaggerated?
US businesses staying in the family
Living Large: The Odyssey’s location travel guide

𝕏 highlights

The job of a wealth advisor.

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Reinvigorating a legacy company.

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Buying back your time.

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Billionaire heirs trying to escape the shadow of their family.

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The reality of the Silver Tsunami.

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Where do America’s foreign born billionaires come from?

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reddit highlights

Some fun answers here.

in highlights

Is The Great Wealth Transfer greatly exaggerated?

Wealth Transfer Size and Implications for Wealth Management Firms

Visa estimates that Boomers will pass on $36 trillion in the next 20 years – a fraction of the widely cited projection of over $100 trillion from Cerulli Associates. The “missing” $60+ trillion may seem academic. But it has important implications for wealth management firms, advisors and any company serving the wealthy and preparing for the next generation…

Don't let AI convenience eat you family's privacy for breakfast.

How AI is Being Used For Investment Reporting (And What To Watch Out For)

In the latest Family Office Sherpa Podcast I dig into one of my favourite topics (investment reporting) and how offices are increasingly using AI tools like Claude & ChatGPT to assist in the visualisation of their investment data…

New BNY Wealth report on legacy planning.

UHNW Families Lag in Wealth Transfer Planning

Wealth transfer planning is a priority, yet many ultra-high-net-worth families haven’t had the necessary conversations to prepare heirs for what comes next. Our new report finds that 51% of UHNW families have not updated their plan in the last year…

Family Office news roundup

Our obsession with rich lists is a problem. Rich lists have gone from marketing gimmicks to important evidence for economists, tax authorities and politicians. Private assets, offshore wealth and sprawling family fortunes make precise rankings impossible though - Financial Times

What is a sensible family office AI policy. AI can make family offices smarter, but it also creates serious risks around confidential data, hallucinations, deepfakes and dodgy vendors. So how does one introduce clear policies, staff training and proper human oversight? - WealthBriefing

More US businesses are staying in the family. 23% of wealthy US business owners inherited their company in 2026, more than double the 2024 figure and now ahead of those who bought one. The Great Wealth Transfer is increasingly about passing down actual businesses, not just investment portfolios - Yahoo Finance

How dynasty trusts can set a family enterprise up for long-term success. How farmer and entrepreneur John Conner Jr turned dynasty trusts from legal shells into practical systems for preserving businesses, land and family values across generations - EY

Hong Kong crucial to capital flow between Europe and China. France’s largest bank reports a surge in two-way wealth flows through Hong Kong, as affluent mainland investors also leverage the city to acquire European assets - SCMP

Living Large: the finer things in life

The Odyssey’s filming locations make for an epic travel guide. Christopher Nolan’s new epic was filmed almost entirely on location, and what locations they are. From Messinia in Greece to the vivid Sicilian coast, on to Morocco, Iceland and Scotland, the movie makes for an inspiring guide for your own personal odyssey - Vogue