Family Office Buzz

FAMILY OFFICE BUZZ

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

The four stages of family wealth
A better way to network in a new job
How Nicholas Cage decimated generational wealth
Billionaire profile of the craziest CEO alive
Living Large: the best new luxury hotels in the world

𝕏 highlights

The four stages of family wealth.

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How Nicholas Cage decimated generational wealth.

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A billionaire profile.

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How to network in a new job.

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And some fine career advice!

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in LinkedIn highlights

Dalio’s ex-family office CIO joins firm for Corona beer billions.

Dalio’s Ex-Family Office CIO Joins Firm for Corona Beer Billions

Family Office Staffing. We continue to see the professionalisation of family office investment teams. As in the case of Bruce Zimmerman, the move from large…

www.linkedin.com/posts/shaun-parkin-41973425_dalios-ex-family-office-cio-joins-firm-for-activity-7295620210189811712-g55i?utm_source=share&utm_medium=member_desktop&rcm=ACoAAA1yzSABrt3YeH6j8ZoWGuzHBCxo_ASFyww

What hedge fund strategies are family offices currently allocating to?

Sam Nallen Copley on LinkedIn: #familyoffice #hedgefunds #longshort #quant #macro

Our latest poll in FOS (our family office community) - “What hedge fund strategies are you currently exploring / allocating to?” Of the ten options, the top…

www.linkedin.com/posts/sam-nallen-copley_familyoffice-hedgefunds-longshort-activity-7297219768351158272-tnHk?utm_source=share&utm_medium=member_desktop&rcm=ACoAAA1yzSABrt3YeH6j8ZoWGuzHBCxo_ASFyww

James Murdoch on sibling rivalry and the family succession war.

Growing Up Murdoch

James Murdoch has spoken openly about the dispute within his family in an interview with The Atlantic. He says his father, Rupert Murdoch, tried to change the…

www.linkedin.com/feed/update/urn:li:activity:7297042195855912961?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3Aactivity%3A7297042195855912961%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29

📰 family office news roundup

Family office con man’s rehabilitation faces setback. More on family office conman Anthony Ritossa. After a nearly two-year hiatus, his attempt to relaunch the Global Family Office Investment Summit in Miami encountered a setback when key participants withdrew upon learning of his past conduct - Spears

Bank of America hires former JPMorgan executive to strengthen private bank, memo says. Bank of America has hired Mike Marino, a former JPMorgan executive, as Georgia market executive for its private bank. Marino, with over 30 years of experience, previously led ultra-high-net-worth and family office growth at JPMorgan - Reuters

The rise of the family office. Family offices are growing rapidly, now exceeding 8,000 globally, with 68% founded since 2000. They are major players in private equity and venture capital, often outpacing hedge funds - Fortune AOL

Tackling Second-Generation Family Office Challenges With Real Estate. Family offices transitioning to second-generation leadership often face governance challenges and a need to engage younger family members. Investing in real estate can address these issues by providing stable returns and opportunities for active involvement in asset management - Forbes

Wealthy families must protect online reputations. Wealthy families must actively manage their online reputations, as first impressions are often formed through internet searches. Experts warn that a lack of online presence can raise suspicion and allow others to control the narrative - Professional Wealth Management