How to tell if a family office conference is worth it
In-person family office conferences are making a comeback post-Covid – and family office professionals have become more discerning in which ones they attend. The best events are prized for their content-rich panels and global networking opportunities; the worst drop family office professionals into a shark tank filled with service providers.
Latest News
Mark Zuckerburg and Jack Dorsey’s family office invests in French rival to Microsoft Excel
Iconiq, the family office that manages the wealth of some of Silicon Valley’s most prominent billionaires — including Mark Zuckerberg and Jack Dorsey — just led a round of funding that raised $88 million for Pigment, a French business planning software startup. The venture capital firms Felix Capital, Meritech, IVP and FirstMark also took part in the fundraising. Pigment’s business planning and forecasting platform — used by Klarna, Miro and other companies — has a user-friendly reputation and is designed to compete with Microsoft’s dominant spreadsheet platform, Excel. In 2022, Pigment grew its revenue by 600% and increased its user base tenfold. The company’s co-founders and dual CEOs, Eleonore Crespo and Romain Niccoli, told CNBC that they planned to use the funding to expand Pigment’s reach in the U.S. and artificial intelligence. Last month, it launched a service called Pigment AI, in the wake of the hype around ChatGPT, to let customers query data and automate analysis. "We not only have users in the finance team but outside of finance, and that's super interesting for investors to hear that we are not a finance platform but a business database that can serve any business leader out there, from HR to sales to marketing to R&D," Crespo said
Dell family office to diversify portfolio as big payday looms
Alisa Mall, the chief investment officer for Michael Dell’s family office, is looking to diversify her portfolio as the firm is poised to absorb an influx of cash and stock that together is worth more than $20 billion.
Crypto billionaires' wealth crushed by SEC after big 2023 bounce
The Securities and Exchange Commission’s crackdown on Binance Holdings Ltd. and Coinbase Global Inc. — the largest crypto platforms in the world and the U.S., respectively — has upended the optimism that crept back into digital-asset markets after the miserable “crypto winter” of 2022.
Peer to Peer Insights
Adam Taggart: How I'm bringing financial literacy to next-gen family office members
Taggart is the CEO host and founder of Wealthion, a financial channel on YouTube with over 5 million monthly views.
Ron Geffner on family offices’ investing preferences
Ron Geffner, an authority in the security industries, provides legal services to hundreds of hedge funds, private equity funds and venture capital funds.
Dr. Jamie Weiner on the rising generation’s quest for legitimacy
Dr. Jamie Weiner is a clinical psychologist and the co-founder of Inheriting Wisdom, a Chicago-based consulting firm that specializes in the human factors affecting high-net-worth families. He has written several books on this topic, the latest of which is The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World.
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June 5, 2023: How to tell if a family office conference is worth it
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May 25, 2023: Ron Geffner on family offices’ investing preferences
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