Multifamily offices are gaining in popularity among the wealthy, who previously relied more on wirehouses and private banks for their financial services, according to Cerulli Associates. The global ...

Key family office personnel often serve as fiduciaries of family trusts and business structures, exposing them to significant personal liability while providing a workable, though limited, fiduciary ...

Over the last few years, there’s been an boom in the number and variations of multifamily offices. While industry professionals and the wealthy seem to readily embrace the term, its overuse means that ...

If anyone needed more proof that the obscenely wealthy were pulling away from the supremely wealthy, who are pulling away from the merely wealthy -- asset growth under management by multifamily office ...

Cerulli Associates recently released the 2014 edition of their annual study on high-net-worth (HNW) markets, and the main takeaway is that advisors are buzzing over family offices. Their research ...

Years ago as the Rockefellers, Carnegies, Pitcairns and others created their fortunes, they hired investment, tax, and legal experts to coordinate the financial affairs of their families. In some ...

For banks and MFOs, limits on consumer unsecured loans for borrowers with a debt load of over 80% began to apply from January 1, 2023. Limits have also been introduced for banks to issue such loans ...

Microfinance organizations of entrepreneurial financing in January—June 2023 increased lending to small and medium-sized businesses by 48% to 43.7 billion rubles. This is stated in the press service ...