Method
What belongs in an investment policy statement, and what does not
The investment policy statement is the most important document a family rarely reads. Done well, it is the spine of every decision …
Perspectives
Insights
Research and perspective on private wealth: the trends, the methods and the questions that matter to families of significant means and the advisers who serve them.
Method
After-tax alpha: where tax-aware investing actually earns its keep
For a taxable family, the only return that matters is the one left after tax, yet most reporting still quotes the pre-tax …
Method
The AI boundary: why a number should never come from a language model
The most important design decision in AI-assisted advice is the one that says where the model must stop. Get the boundary right …
Method
Build or buy: the single- versus multi-family-office decision
A family office is one of the most consequential structures a wealthy family will ever build, and the choice between owning one …