The most sophisticated family offices are designed to harmonize fragmented systems.

Covered by many. But still an interesting topic….

Is institutional-grade architecture the only path to durable legacy?

Suddenly, it’s a family office world. Is the term “family office” losing its exclusivity? (Bad for us?) Everyone from RIAs to private banks are rushing to market themselves as one. While wealthy families want a one-stop-shop for everything, many firms probably can’t deliver the deep expertise they promise - Barron’s

“To outsource, or not to outsource,“ this is the modern dilemma of family offices. Also relates to the above. There’s a growing shift toward “virtual” or outsourced family office models. Wealthy families are keeping their internal teams lean and rely on networks of external specialists, instead of building giant in-house operations - Spear’s

Family offices pile into healthcare deals as dealmaking surges. Family offices were particularly active in healthcare investments this April, chasing everything from biotech to medical technology as wealthy families hunt for long-term growth outside public markets - CNBC

A new era of soon-to-be SpaceX nillionaires. Another surge in SpaceX valuation is set to mint a fresh wave of ultra-wealthy insiders, engineers and early employees. The family offices sector is poised for a period of skyrocketing growth - New York Post

Family businesses need to escape the ‘surname ceiling’. While family businesses often talks about purpose, legacy, and long-term thinking, the elephant in the room is that many still struggle with nepotism, limiting untapped potential with top outside talent. - Financial Times

When time is the ultimate luxury, why waste it on the road? All those flying vehicle dreams you had before - might just be reality now. Volocopter just unveiled a new “electric multicopter” that’s as easy to operate as a Ferrari. And this one could be certified to fly by the end of this year - Robb Report

ICYMI: last week’s newsletter featured some useful insights from a clinical psychologist turned family advisor.

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

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