We are building machines that may soon outperform us in ways we barely understand. The extraordinary question is whether we will still be able to control them. Imagine discovering that an artificial intelligence system has made a decision affecting millions of people,...
There is no shortage of worthwhile causes competing for philanthropic money. For a private foundation, that creates a problem that is easy to underestimate. Having the resources to do good is one thing. Knowing where those resources will make a meaningful difference...
A family office might know exactly where a family’s assets are held, how ownership is structured and what should happen when wealth passes to the next generation. Ask where a family member’s complete medical history is held, however, and the answer may be far less...
From data to decisions: How family offices get reporting right A family office may know the value of every investment it owns and still struggle to answer a question from the family over breakfast. Can we comfortably commit another $10 million to private markets? How...
We know how to value a business, a property or an investment portfolio. Some of the most important assets of a wealthy family are much harder to put a number on. When we talk about family wealth, we usually mean money. It is understandable. Financial capital can be...
