The family office conference you choose

The family office conference you choose - does make a difference

So today I am at a Campden Wealth Conference in San Francisco and yesterday I was at an IMN Conference in Chicago. Next week I will be at a Tabor Conference in Beaver Creek and the week after a Family Office Network meeting in Laguna Beach CA.

The thing that I have really noticed in the last few days is how different each conference really is. Not only with the type of people, but also the feeling of the conferences. For example some conferences has many product providers and limited family offices. Typically at these types of conferences there are many people networking in the hallway so in fact you could actually chose to be outside or inside the conference room. Other conferences there is little time for networking as everyone is primarily in the conference room and no one is in the hallway. These conferences, and ironically conferences that the family office pays for, have many more family offices who are really there for the content.

What conference you decide to go to be sure to identify exactly what you want to accomplish at the event and be aware - the conference that you attend may be very different than you expect.

Comments

Harvard's Endowment commits to a target investment range into real estate between 10% to 17% for 2016

Years ago, before the downturn I was paying very close attention to the investing allocation of my Alma Maters Endowments Investing Strategy HMC (Harvard Management Company), especially in the area of real estate. I believe that not only was Harvard a great place to understand the importance of investment allocation strategies before the downturn but even more so since the downturn. In fact, investors who are looking to enhance the performance of their investment portfolios probably won’t find a better investment model than the one used by the $37.6 billion endowment for Harvard University. The entity in charge of managing the endowment, Harvard Management Company (HMC), has accrued an impressive investment track record across its 41-year history. As of fiscal year 2015, the endowment had produced an average annual return of 12.2% – 290 basis points higher than the average 9.3% return of a typical U.S. 60/40 stock and bond portfolio. The methodology behind HMC’s success is th

So you want money from a family office huh?

A lot of people want to access the family office market . The reason is because they believe that it's an area which they can raise a lot of capital and often in a manner that is much easier. Although the check size might be bigger there's many many things that people don't realize when dealing with a family office. In my past I had the ability to raise capital from individuals to family offices to private equity funds, insurance companies and institutions. The biggest difference with institutions or institutional capital is that their decisions are typically made based upon parameters. They have a box or boxes in which they are to invest into. In addition, it's not their own money so because of that they are often removed from any emotions. Sure they want to do a good job but let's face it its not their own money!! Family offices, however are different. I would say that family office investors are much more like individual investors. In many ways very si

WHY AREN’T FAMILY OFFICES INVESTING INTO OPPORTUNITY ZONES?

In a study that I did at the beginning of this year, I asked over 100 family offices what their plans were for investing in opportunity zones. The results were staggering. 17% said they were going to invest into an opportunity zone deal, the remainder reported no or maybe. Now at the time, the regulations were not out, so that was a huge reason for many families to be sitting on the sideline, but now that they are out why are these numbers still holding up? Well, I think there are a few reasons. The first is I don’t think there is a distinct understanding of the nuances of opportunity zones by family offices. I have spoken on this topic so much, or written articles or been interviewed on shows and podcasts and I have an excellent understanding of what these include and the benefits, but there are still nuances I don’t understand exactly. One of the things that come up in sales is if something is hard to understand the person you are sitting across from won't buy. I bel

Family Office Real Estate Blog

Search This Blog