Family office

Summitas Wins Family Wealth Report's 2024 "Best Client Communications" Award

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화요일, 5월 7, 2024
Family, Knowledge, Communication, Family office, Consultant

NEW YORK, May 7, 2024 /PRNewswire/ -- Summitas, an innovative client engagement platform for family offices, wealth advisors, and other client-facing businesses, has won Family Wealth Report's 2024 "Best Client Communications (non-reporting)" award.

Key Points: 
  • NEW YORK, May 7, 2024 /PRNewswire/ -- Summitas, an innovative client engagement platform for family offices, wealth advisors, and other client-facing businesses, has won Family Wealth Report's 2024 "Best Client Communications (non-reporting)" award.
  • As a respected member of the Family Office community, the annual Family Wealth Report Awards program recognizes the most innovative and exceptional firms, teams, and individuals serving the family office, family wealth, and trusted advisor communities in North America.
  • Our platform ensures smooth, secure interactions among operations, advisors, clients, and essential stakeholders," stated Dan Gregerson, CEO of Summitas.
  • We are honored to receive this recognition from Family Wealth Report and its panel of esteemed experts and peers."

J.P. Morgan Private Bank releases inaugural report on global family offices

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월요일, 4월 29, 2024
Family office, Risk, Commercial, GIO, Cyberattack, House, J. P. Morgan, Investment banking, The House of Morgan, CIO, Outsourced, Private banking, Cryptocurrency

NEW YORK, April 29, 2024 /PRNewswire/ -- J.P. Morgan Private Bank today unveiled its Global Family Office Report, offering insights into how the firm's family office clients worldwide manage investments, governance, succession planning, and family office operations. The report, based on a survey of family office principals and professionals, provides a quantitative perspective on global family office practices.

Key Points: 
  • The report, based on a survey of family office principals and professionals, provides a quantitative perspective on global family office practices.
  • "J.P. Morgan has been working with family offices for more than 200 years, starting close to home with the creation of one of the first family offices, the House of Morgan, established in 1838," said David Frame , Chief Executive Officer, J.P. Morgan U.S.
  • "By surveying our clients, this inaugural report offers a valuable benchmarking tool for family offices to understand how their peers are addressing challenges they may face today, or in the future."
  • Andrew L. Cohen , Executive Chairman of J.P. Morgan Global Private Bank, added, "as we have done for many years, J.P. Morgan will continue to be a source of strategic insight and advice for global families for decades to come."

GA Drilling Announces First Close of $15M to Accelerate the Delivery of Deep Geothermal Energy

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목요일, 4월 18, 2024
Ecosystem, IP, Family office, Venture, Risk, Geothermal energy, Plant, Wind, GA Drilling, EQT, Renewable energy

HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) -- Today GA Drilling , the leader in deep geothermal, announced the first close of $15 million in financing after a series of successful tests.

Key Points: 
  • HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) -- Today GA Drilling , the leader in deep geothermal, announced the first close of $15 million in financing after a series of successful tests.
  • Delivering deep geothermal faster and at deeper depths while remaining cost-effective is how the company will go from delivering megawatts of energy to terawatts.
  • “The excitement around deep geothermal is well placed given that our innovations have taken the estimates for the geographical availability of geothermal energy from 3% to 70+% of the planet,” said Igor Kocis, co-founder and CEO of GA Drilling.
  • “GA Drilling has the IP and experience to address every step from deep geothermal drilling systems to repurposing existing oil and gas assets.

Timbercreek Capital Announces Addition of Fraser McEwen to Leadership Team

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월요일, 4월 15, 2024
Slate, HSBC, MacEwen, Family office, Capital, Partner

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- Timbercreek Capital , one of Canada’s leading alternative asset class investment managers, today announced the addition of Fraser McEwen to the company’s leadership team in his newly created role as President, Timbercreek Alternatives.

Key Points: 
  • TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- Timbercreek Capital , one of Canada’s leading alternative asset class investment managers, today announced the addition of Fraser McEwen to the company’s leadership team in his newly created role as President, Timbercreek Alternatives.
  • McEwen, a highly experienced capital markets executive, will lead the expansion of the company’s investment solutions focused on bringing relevant and unique alternative investment offerings to the wealth management, high-net-worth and Family Office investor channels.
  • McEwen draws on decades of experience in structuring and delivering alternative investment offerings to various investor bases and across the risk spectrum.
  • “We’re thrilled to add Fraser to the leadership team as we look to grow our business over time,” said Blair Tamblyn, Chief Executive Officer of Timbercreek Capital.

Armanino Announces Advanced AI and Automation Services to Bridge the Tech Gap for Family Offices

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수요일, 5월 1, 2024
Consulting, Data Management, Banking, Accounting, Technology, Professional Services, Software, Artificial Intelligence, Networks, Mobile, Wireless, Finance, Family, LLP, Family office, Intelligence, RPA, Automation, Transformation, UHNW, Robotic process automation

To spearhead this initiative, John Stewart, Partner and Strategy & Transformation leader at Armanino, joins the Family Office leadership team, co-leading alongside Chris Mays, Partner at Armanino.

Key Points: 
  • To spearhead this initiative, John Stewart, Partner and Strategy & Transformation leader at Armanino, joins the Family Office leadership team, co-leading alongside Chris Mays, Partner at Armanino.
  • Together, they will direct the implementation of Armanino’s new AI and automation services to support family offices across the country.
  • Armanino clients have saved up to 15 hours a week with the smart automation of tedious, manual work.
  • Advanced AI Implementation: Armanino can now create customized AI tools to fully automate complex processes, such as investment due diligence, grant identification and application support, and advanced financial modeling.

The Third Edition of the Abu Dhabi Family Office Summit Set for May 30, 2024

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화요일, 4월 2, 2024
Family office, Partner, Culture, Family, Typesetting

Abu Dhabi, United Arab Emirates--(Newsfile Corp. - April 2, 2024) - Recognizing the importance of networking before the summer slowdown, the Abu Dhabi Family Office Summit (ADFO Summit) has announced its third edition, slated for May 30, 2024, in Abu Dhabi.

Key Points: 
  • Abu Dhabi, United Arab Emirates--(Newsfile Corp. - April 2, 2024) - Recognizing the importance of networking before the summer slowdown, the Abu Dhabi Family Office Summit (ADFO Summit) has announced its third edition, slated for May 30, 2024, in Abu Dhabi.
  • The previous edition of the ADFO Summit witnessed remarkable participation, with 292 attendees encompassing 150 Family Offices, 40 Investment Institutions, 47 Investment Holdings, and 55 Partners & Staff.
  • The ADFO Summit emphasizes the significance of proximity for UAE Family Offices, acknowledging the unique approach of Middle Eastern investors who favor in-person interactions over virtual negotiations.
  • Scheduled for May 29-30, 2024, the ADFO Summit represents a not-to-be-missed opportunity for those looking to secure meaningful partnerships.

C.K. McWhorter Endows Vacheron Constantin With Prestigious McWhorter Family Trust Warrant Of Excellence, Celebrating Timeless Elegance and Luxury

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일요일, 3월 31, 2024
Social responsibility, Single-family, Vacheron Constantin, Partnership, Family Trust, ESG, Integration, Security (finance), Trust, SFO, Investment, Sustainability, Collection, Family office, Financial adviser

McWhorter & McWhorter Family Trust announce its strategic collaboration with Vacheron, an epitome of luxury watchmaking and the world's oldest watch manufacturer in continuous operation.

Key Points: 
  • McWhorter & McWhorter Family Trust announce its strategic collaboration with Vacheron, an epitome of luxury watchmaking and the world's oldest watch manufacturer in continuous operation.
  • Vacheron's Integration into the McWhorter Family Trust’s Luxury Portfolio:
    The induction of Vacheron Constantin into the McWhorter Family Trust’s portfolio marks a significant extension of the Trust’s commitment to investing in luxury assets that offer not only financial prosperity but also hold profound cultural and historical importance.
  • McWhorter announces this pivotal engagement with Vacheron Constantin, underscoring a vision for extraordinary, long-lasting investments.
  • As the McWhorter Family Trust forges ahead in its mission to curate a distinguished collection of luxury assets, Vacheron Constantin emerges as a beacon of timeless elegance, masterful craftsmanship, and visionary innovation.

C.K. McWhorter Grants ATP McWhorter Family Trust Warrant as a Paragon of Tennis Excellence

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일요일, 3월 17, 2024
Single-family, Organization, Growth, Sport, Tennis, History, Security (finance), Trust, SFO, Investment, The Family Crest, ATP, Family office, Crest

LONDON, March 17, 2024 (GLOBE NEWSWIRE) -- The McWhorter Family Trust proudly announces its engagement with the Association of Tennis Professionals (ATP), celebrating the organization's dedication to promoting tennis excellence worldwide.

Key Points: 
  • LONDON, March 17, 2024 (GLOBE NEWSWIRE) -- The McWhorter Family Trust proudly announces its engagement with the Association of Tennis Professionals (ATP), celebrating the organization's dedication to promoting tennis excellence worldwide.
  • Incorporating ATP into the McWhorter Family Trust’s Portfolio:
    The addition of the ATP to the McWhorter Family Trust’s portfolio signifies a deliberate expansion of the family's investments in exceptional sports organizations.
  • "Endowing the ATP with a prominent role within our McWhorter Family Trust’s portfolio reaffirms our dedication to promoting tennis excellence and fostering a love for the sport worldwide.
  • As the McWhorter Family Trust continues its journey of curating a portfolio of exemplary sports investments, the ATP emerges as a symbol of tennis excellence and global impact.

C.K. McWhorter Honoring Excellence Of Rolex: McWhorter Family Trust Recognizes Rolex as a Paragon of Timepiece Craftsmanship By Granting Illustrious Trust Warrant

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토요일, 3월 16, 2024
Community, Culture, Social responsibility, Single-family, Ambassador, ESG, History, Environmental stewardship, Acquisition, Security (finance), Trust, SFO, Investment, The Family Crest, Family office, Crest, Tourism

Rolex's rich history and unwavering commitment to craftsmanship resonate profoundly with the McWhorter Family Trust, positioning it as an exemplary ambassador within the family's esteemed portfolio of luxury assets.

Key Points: 
  • Rolex's rich history and unwavering commitment to craftsmanship resonate profoundly with the McWhorter Family Trust, positioning it as an exemplary ambassador within the family's esteemed portfolio of luxury assets.
  • Incorporating Rolex into the McWhorter Family Trust’s Portfolio:
    The addition of Rolex to the McWhorter Family Trust’s portfolio signifies a deliberate expansion of the family's investments in exceptional luxury assets.
  • Crafting a Legacy of Distinction:
    The McWhorter Family Trust's endorsement of Rolex signifies a commitment to upholding excellence and fostering enduring partnerships that transcend generations.
  • As the McWhorter Family Trust continues its journey of curating a portfolio of exemplary luxury assets, Rolex emerges as a symbol of timeless elegance and unparalleled craftsmanship.

C.K. McWhorter Endows Ferrari with McWhorter Family Warrant, Acknowledging its Exemplary Status in Automotive Excellence

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화요일, 3월 12, 2024
Community, Electricity, Culture, Social responsibility, Single-family, Ambassador, Organization, Longevity, Philosophy, ESG, Environmental stewardship, Acquisition, Security (finance), Carbon, Wood, SFO, Investment, The Family Crest, Collection, Animal, Family office, Engineering, Crest, Financial adviser

Ferrari’s illustrious history and commitment to the quality of craftsmanship resonate profoundly with the McWhorter Family Trust, rendering it an exemplary ambassador within the assembly of the McWhorter family’s luxury assets investment portfolio.

Key Points: 
  • Ferrari’s illustrious history and commitment to the quality of craftsmanship resonate profoundly with the McWhorter Family Trust, rendering it an exemplary ambassador within the assembly of the McWhorter family’s luxury assets investment portfolio.
  • The Incorporation of Ferrari into the McWhorter Family Trust’s Investment Portfolio:
    The incorporation of Ferrari into the McWhorter Family Trust’s list of esteemed investments marks a deliberate expansion of the McWhorter Family’s luxury asset portfolio.
  • This action is reflective of a meticulously curated investment philosophy developed by Ambassador Noble McWhorter and his distinguishably evolving family legacy.
  • McWhorter, currently intricately structuring a Single Family Office (SFO), has tactically announced a significant, yet SEC-exempt, small acquisition in Ferrari.