wConsultoría de Family Office - Cluster Family Office

What is an Outpost Family Office?

Wealth advice for sportsmen and artists, Consultancy and support for a Family Office, Setting up a Family Office, Family Office, Multi family Office, Reflection, wMult-Family Office, wFamily Office Consultancy, wCreating your own Family Office, wI need a Family Office, wWhat is a Family Office
10/28/2013

The concept is new and meets a logical and increasingly common need in a globalised world. It is common knowledge that Family Offices are companies or groups of professionals that are essentially dedicated to the management and control of the assets of one or several families, as well as to attending to all aspects that may affect these family groups, such as taxation, legal advice or assistance in family logistics and concierge services (concierging), among others. But the new figure that has appeared for the users of a Family Office (whether they are Clients of a Multi-Family Office, or owners of a Single-Family Office), is that of the Outpost FO, or global support network for a Family Office. (more…)

Old Money and New Money

A distinction must be made between two clearly differentiated types of estates: Estates that have been created by a single generation, and which are passed on to one or two subsequent generations at the most, since they die out along the way due to their smaller size and the usual dilapidation by the recipients of inheritances. And the large estates that are passed on from generation to generation, impersonally and in large family groups over many, many years. We call the former New Money and the second Old Money. (more…)

Should I invest from Spain or from Luxembourg?

For many investors this has been the big dilemma since the European periphery began to collapse financially. When the insolvency of Spanish banks came through the door, the more prudent investors naturally jumped out of the window... and mostly in the direction of Luxembourg. The fact is that this small Duchy has been the Wall Street of the Eurozone for several decades now. London and its City remain a gigantic pseudo-European financial centre, but for the purposes of fiscal transparency, affinity with Brussels and its single currency, Luxembourg has become much more “Eurozone friendly“. (more…)

The perversion of counselling

First of all, we must tell you that the subject we are going to deal with today is complex and may offend some professional sensibilities. But that is not our intention at all, but rather our interest is focused on clarifying a situation that is currently generating a lot of confusion and, more importantly, is damaging families with a certain amount of wealth. Both large fortunes and small savers. We will therefore discuss, for example, Santander's convertible bonds, the recent inflammatory statements by Greg Smith (ex-Goldman Sachs), the types of assets that a properly diversified wealth should contain, the Spanish and Luxembourg regulators, banking, EAFIs, Family Office, or how to distinguish between a perverse advice and a perverse advice. comme il faut. We apologise for the length of the post, but we have chosen to publish it in its entirety so as not to lose the thread in the middle of the reflections that follow. (more…)

Customer Risk: Cause or excuse for bad management?

This week I came across an article published in FundsPeople titled «Client risk in private banking management«. These are obviously arguments put forward by bankers and former private bankers, which already distorts considerably the reality of what wealth management in general and financial investment in particular should be, as we said back in 2008 in «...".«The unbearable lightness of management»(private banking). We advance this warning because the FundsPeople article only deals with the management of bank investments, i.e. money invested in bank investment products, shares handpicked by the bankers and ex-bankers on duty and other investment funds listed in the bank's sales catalogue. We want to make it clear that there is a fundamental deviation from the way we should treat families' money, which should include investments in unlisted companies (private equity), real estate investments and other assets in which, in order to invest, the money must come out of the bank's account. Obviously, private banks do without such investments, as their mission is to keep their clients' money in the bank that generates their income at the end of the month.

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Some central banks are preparing for an exit from the euro.

«Some central banks in Europe are beginning to assess contingency plans for the possibility that some countries may leave the euro area or that the monetary union may collapse completely».» This is the headline of the article published today in Expansión, which translates the original published By David Enrich, Deborah Ball, Alistair MacDonald and Francesco Guerrera on the front page of the Wall Street Journal online. Here is the full text, because it is not to be missed, in this countdown to the re-founding or collapse of the Eurozone. And don't miss the commentary and the graph we have added at the end of the article: (more…)

The Technology Entrepreneur and the Family Office

Por the technology entrepreneur, everything moves very fast. Unlike the entrepreneur in any conventional, non-technology related business, for whom years or decades are part of the evolution of their business, in the technology company it is the quarters that precipitate events and their success or demise.

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(+34) 93 626 47 75

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Category: wConsultoría de Family Office

What is an Outpost Family Office?

Old Money and New Money

Should I invest from Spain or from Luxembourg?

The perversion of counselling

Customer Risk: Cause or excuse for bad management?

Some central banks are preparing for an exit from the euro.

The Technology Entrepreneur and the Family Office

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(+34) 93 626 47 75

(+34) 91 794 19 82