Argentina sets citizenship at $350,000 cash or an $800,000 bond
Applications are expected to open in the fourth quarter of 2026, and the $800,000 bond's terms have not been published.
October 2
The Family Office Desk 6 stories this week · 35 total
Discreet capital, direct deals, staffing, and governance inside the family office world.
Mondevo opens Ittikar family-office capital network beyond its 100 founding members
The platform ran Mondevo Group's Caruso and Underscore District acquisitions, then opened to outside family offices.
Kasner estate-planning symposium turns AI use into a professional-responsibility question
The 22nd annual conference, hosted Aug. 27 and 28 by Santa Clara School of Law, highlighted five developments; the available account covers three, ending partway into a tax point on gifting interests that resist valuation.
Liquidity worries push family offices from funds to directs, RBC-Campden survey finds
The 2026 North America Family Office Report, based on a 155-office survey, found nearly half of private-market fund investors could not complete an exit as expected.
Northwestern Mutual launches family office unit inside its advisor model
The new unit layers legal, tax and legacy specialists behind existing advisors and cites Cerulli's count of more than 100,000 U.S. households above $50 million.
Northwestern Mutual launches family office platform for advisors serving clients with $50M+ net worth
More than 40 in-house specialists cover legal, tax, lending and philanthropy, and advisors pay a retainer to access them.
Americana's family-office launch is a recruiting asset, not a P&L line
A 2019-vintage RIA whose average client account runs about $1.3 million is paying for the tax, accounting and governance bench that ultra-high-net-worth families demand before they move.
Chip Wilson's missing prenup is now a governance problem
With no marital agreement in place, British Columbia's default property law decides how a $1 billion founder stake and its voting weight get split.
The charitable gift is the only perpetual position nobody stress-tests
More than a quarter of U.S. private colleges may close within a decade, and the gift families never model is the one built to outlive the institution.
A $50.1 million T. rex and the price of clear title
Sotheby's dinosaur shows that in the fossil market the legal file, not the skeleton, sets the price.
Citi's family office survey finds patient capital and an unsolved handover
Ninety per cent of surveyed family offices made money this year; about a third of them face a leadership transition, and Citi has hired a planner-in-chief to meet it.
Family-office pay is formalizing from the top of the org chart
Botoff's twin surveys put compensation-strategy adoption at 45 per cent while the household staff who fill most of the payroll are measured only now on benefits.
HSBC bundles the concierge; Citi refers it out
Two banks answered the same demand this month, and only one of them is spending on the part of the relationship that compounds.
Brunson's family office runs the family and the business
Focus Financial Partners advises the household rather than the firm, in a structure where the family holds every operating seat and one player's draft slot supplies the name.
Dolly Parton’s giving now faces a governance test
WealthManagement.com's accounting of her gifts shows why recurring commitments need governance that outlives the founder.
Woo family office weighs $1bn secondary exit
A $1bn private equity exit from a family office shows liquidity demand has reached the patient capital private markets were built on.
A Vanderbilt heir builds a family office to court 800 relatives
Consuelo Vanderbilt Costin wants 800-plus descendants to join House of Vanderbilt as co-investors, most of them strangers to her.
Slayer statute freezes a $1.5M trust payout in Reiner case
A trust fiduciary's decision to withhold defense funds tests California's slayer statute against a beneficiary's presumption of innocence.
Direct deals define the newest family offices
New family offices are skipping hedge funds and private credit for direct deals and private equity, a shift that is reshaping how managers court them.
Khanna's loan-for-shares tax plan draws Cuban 'insane' blast
The California wealth-tax proposal would make the state a residual owner of pledged private shares, an arrangement family offices should read closely.
Rick Parish launches Mazavida, a containerized water infrastructure venture
Kinetic7 and Aquarius Capital are pairing with Dallas-based PIF Energy to bring fast-deployable desalination systems to the US and EMEA.
Family Offices Use a 2011 SEC Rule to Pay Staff Like Private Equity
Kevin Warsh's $100 million Duquesne stake shows how a carveout meant to keep offices unregistered became a pay practice.
Family Offices' Private-Market Allocations Surge 524%
Preqin data show family-office participation in private markets outstripping wealth managers and endowments, even as UBS finds near-term private equity pullbacks.
Family offices pool billions to buy real estate directly
Realm's platform lets families with $200 million investable assets act like institutions, even as their real estate allocations trail.
Family-office pay turns formal as incentive plans spread
Morgan Stanley and Botoff's new survey shows long-term incentive plans and co-investments reshaping family-office pay.
Household-First Model Urged for Family Offices
Libretto CEO Jeff Coyle argues family offices should organize strategy around each household's balance sheet.
Diamond: Family Offices Win in Long-Cycle Middle Market
Patient family capital with $10 trillion in assets is a growing competitive threat to private equity, argues Ronald Diamond.
Generational Unpreparedness, Not Markets, Threatens Family Wealth
Campden Wealth report shows more families defining wealth's purpose, but next-generation engagement remains low.
Cerulli: 89% of firms cite family meetings as key best practice
Structured family meetings are emerging as a critical estate-planning tool for ultra-wealthy families, per Cerulli.
Grady-White Owner Gifts Firm to Trust, Spurning $400M Sale
Eddie Smith Jr. pledged 95% of future profits to charity by placing Grady-White Boats in a perpetual purpose trust.
Integrated Partners Hires Team, Debuts SIGIL Family Office
A $25bn RIA has launched a virtual family office for ultra-rich business owners and families.
Bezos Expeditions Tops Family Office AI Deals in 2026
Jeff Bezos' family office made five AI startup investments in June, CNBC reports, leading family office direct-deal volume this year.
FinCEN Final Rule Ends US Beneficial Ownership Filings
FinCEN final rule permanently ends CTA filing for US persons, deletes prior data.
AI Evolution Moves Family Offices From Query to Command
Family Wealth Report's fintech forum heard AI now executes workflows, but humans still own final decisions.
California Billionaire Tax Faces Constitutional Fight
A Tax Foundation analysis says Proposition 40's wealth tax may be invalidated before raising revenue.