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

Family offices winning PE talent
From tennis pro to wealth management
Investing in music royalties
More wealth management M&A activity
Who inherits the corner office
Living Large: Rolex will auction off a set of once-off Daytonas

𝕏 highlights

reddit highlights

A new family office. One rule: no private banks.

in highlights

Investing in music royalties.

Investing in Music Royalties: What High-Net-Worth Investors Need to Know

David Bowie's 1997 bond issue raised US$55 million by securitising future royalty income from his music catalogue, creating an early example of intellectual property being used as an investable asset.

https://lnkd.in/eMynZtR7

Singapore’s wealthiest 50.

Eduardo Saverin tops Forbes’ Singapore’s 50 richest for 4th year, even as tech tycoons’ fortunes slide

Singapore’s tycoons saw their collective wealth remain flat at US$239 billion, unchanged from a year ago.

What do you want the next generation to remember?

#visionaryadvisor #totalfamily #greatwealthtransfer #generationalwealth #wealthadvisors

The $124 trillion wealth transfer isn’t only about the money. Emily Harper and Jessica Gibbs are already talking with younger generations who understand there may eventually be an inheritance. But the conversations they want aren’t necessarily about how many dollars they’ll receive…

Family Office news roundup

The poker player, the billionaire aunt and a $5 billion real-estate war. The Goldman family’s roughly $5 billion Manhattan property empire is being torn apart by a bitter fight between billionaire Jane Goldman and her nephew Steven Gurney-Goldman over control, valuations and succession - The Wall Street Journal

Family offices are winning over PE’s rising talent. Family offices are becoming serious competitors to private equity for young investment talent, offering earlier access to carry, co-investments and a better work-life balance - PitchBook

Should you outsource your family office? Most family offices mix in-house expertise with outsourced specialists rather than trying to do everything themselves. Legal, tax and cybersecurity are commonly outsourced, while asset allocation and succession tend to stay closer to the family, with cost and access to talent driving the split - Luxury London

Family businesses are rethinking who inherits the corner office. Family businesses are increasingly questioning whether the next generation should automatically get the top job, with non-family CEOs expected to double from 13% to 26% after succession - Forbes / Deloitte BrandVoice

Living Large: the finer things in life

Rolex to auction off four unique Daytonas this month. The set of once-off Daytonas is inspired by each of the four seasons, made from precious metal, gem-set, and, yes, there’s just one of each in the world. Proceeds from the auction will go to two charities helmed by arguably Rolex's most famous and influential testimonies: Roger Federer's Federer Foundation and Leonardo DiCaprio's re:Wild - Hodinkee

New resource! We’ve added a comprehensive list of family office networks and communities to our site, where you can search for peer groups, conferences or associations.

Give it a browse - and more useful resources coming soon.

Until Friday, see you on 𝕏, reddit or LinkedIn.

Family Office Buzz