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From the wire

Wealth & Family Office News

Real articles from named mainstream outlets. Every headline links to the original story at its source — nothing here is written by this site.

Should wealthier Americans forgo their Social Security benefits as a charitable gesture? ↗

A reader writes: “I will likely be in a position to decline my benefits.”

Philanthropy MarketWatch · Aug 10

Philanthropy in the Age of AI ↗

Make sure the institutions your client plans to support offer flexibility and adaptability for future scenarios.

Philanthropy WealthManagement.com · Aug 10

AI’s new millionaires want to disrupt philanthropy. They should fund what already exists ↗

AI's newly minted millionaires should keep their "move fast and break things" ethos far away from philanthropy.

Philanthropy Fortune · Aug 09

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy ↗

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

Philanthropy Fortune · Aug 07

New professional designation aims to build DAF expertise ↗

The American College of Financial Services is launching a certification program to train financial professionals on the ins and outs of donor-advised funds.

Philanthropy Financial Planning · Aug 06

More tech millionaires are using donor-advised funds for tax savings and giving ↗

DAFs are gaining in popularity as private firms like Anthropic and OpenAI skyrocket in value and more companies stay private for longer.

Philanthropy CNBC · Aug 03

Family Offices

What Is a Family Office?Do You Need a Family Office?Single Family Office (SFO)Multi-Family Office (MFO)Micro Family OfficeWhat a Family Office CostsWhy Family Offices Exist

Build a Family Office

How to Build a Family Office From the Ground UpStep 3: The Organizational StructureStep 4: Internal vs. Outsourced (Build vs. Buy)The First 90 Days: Turning the Lights OnStep 1: Define the Family Office's PurposeStep 2: Inventory the Family's AssetsStep 5: Hire the Core Team

Investing

How Family Offices InvestDirect InvestingAsset Allocation for Family CapitalThe Investment Policy Statement (IPS)Liquidity, Concentration, and RiskPublic Markets: Equities and Fixed IncomeReal Estate in the Family Portfolio

Operations

Family Office AccountingFamily Office TechnologyFamily Office CybersecurityConsolidated Reporting: One True Net WorthBill Pay, AP, and Financial ControlsFamily Office Software, Category by CategoryBanking, Custody, and Treasury

Governance & Estate

Family GovernanceEstate Planning and Wealth TransferHow Family Offices Manage TaxPhilanthropy and the Family OfficeThe Family ConstitutionSuccession: The Office After the FounderPreparing the Next Generation

Industry

Careers in Family OfficesHow the Family Office Industry Is ChangingFamily Offices and Regulation

Roles & Staffing

Family Office Roles & Staffing, MappedFamily Office CEO / President / Managing DirectorChief Investment Officer (CIO)Portfolio Manager / Investment DirectorAsset Manager (Real Assets)Chief Financial Officer (CFO)Controller

Comparisons

Single vs. Multi-Family OfficeFamily Office vs. Wealth ManagerFamily Office vs. RIAFamily Office vs. Private BankFamily Office vs. Financial AdvisorFamily Office vs. Hedge FundFamily Office vs. Private Equity Firm