FAMILY OFFICE BUZZ

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

  • How cryptoโ€™s richest man turned his VC firm into a family office

  • The (non-royal) family that owns half of prime London

  • Britain counts the costs of taxing wealthy non-doms

  • Why outsourcing family office tax work makes sense

  • Living Large: The 17 best wines of the year

๐• highlights

How cryptoโ€™s richest man turned his VC firm into a family office.

A 400-year family dynasty.

The $1.4 trillion Saudi royal family.

Change is coming for family office advisors.

And a nice Fatherโ€™s Day thought.

in LinkedIn highlights

The latest (deserved) Ritossa skewering.

The battle over the Margaritaville empire.

Britain counts the costs of taxing wealthy non-doms.

๐Ÿ“ฐ family office news roundup

Why Outsourcing Family Office Tax Work Makes Sense. Maintaining a full tax team costs more than most family offices realize - but more than cutting costs, outsourcing is be about strategic advantage. Mr Family Office

New Family Office Research Reveals that Cross-Border Wealth is on the Rise. Family offices are getting more global and more complex. The report shows next-gen engagement hinges on having a clear purpose, talent is expensive and hard to retain, and cybersecurity is now the top operational risk, especially as most still run on spreadsheets - Business Wire

Why family offices are struggling to recruit and retain staff, and salary isnโ€™t the biggest challenge. Family offices are booming, but they canโ€™t hire fast enough. Top talent wants career growth and culture, two things many of these secretive, understaffed outfits havenโ€™t figured out yet - CNBC

Family Offices Expand Services To Keep Pace With Demand. Family offices are branching out beyond investments. They are focusing on lifestyle, education, and concierge services to stay relevant. Itโ€™s part arms race, part family glue - Family Wealth Report

Portfolios, Personalities, and Processes. Breaking down five classic headaches for family offices: messy governance, hiring the right talent, compliance overload, family drama, and outdated tech. No surprises, but a good reminder that running a family office is more emotional and complex than most think - Lexology

๐Ÿพ Living Large: the finer things in life

The 17 Best Wines of the Year (So Far) - Robb Report

Fridayโ€™s newsletter is a good one: the ten domains of wealth.

Until then, see you on ๐• or LinkedIn.

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